Effects of corporate rescue proceedings on employees and contracts
According to section 129(5), if liquidation proceedings have been converted into corporate rescue proceedings, the liquidator is a creditor of…
Category: Companies
News and updates on specific companies and industries
CFI Holdings records volume surge across key businesses
CFI Holdings recorded strong volume growth across key operating units in the half-year to March 31, 2026, buoyed by robust…
India reaffirms commitment to strengthening ties with Zimbabwe
India has reaffirmed its commitment to strengthening bilateral relations with Zimbabwe, with renewed focus on investment, infrastructure development, education and…
ZNCC flags potential threats to Bulawayo’s industrialisation push
THE Zimbabwe National Chamber of Commerce has expressed reservations over Bulawayo’s preparedness to fully exploit opportunities during the National Development…
GMB timely payments restore farmer confidence
Stakeholders in Zimbabwe’s agricultural sector have applauded the Grain Marketing Board (GMB) for disbursing payments on time, a reform that…
Old Mutual Funeral Services opens Gweru branch, expands Midlands footprint
OLD Mutual Funeral Services has expanded its national footprint with the opening of a funeral parlour in Gweru, extending its…
Zimplow posts US$1,13m swing back into profit in H1
ZIMPLOW Holdings Limited (Zimplow) recorded a US$1,13 million profitability turnaround, posting a profit before tax of US$426 267 for the…
ZSE strikes another deal for SME, start-up funding
THE Zimbabwe Stock Exchange has signed a partnership agreement with the National Venture Capital Company of Zimbabwe (NVCCZ) to create…
ART stays profitable despite H1 headwinds
Profit after tax rose to US$431 000 from US$378 000 in the comparable period after an income tax credit of…
Local firm inks cooperation MoUs with Zambian companies
Robworth has signed Memoranda of Understanding (MoUs) with Purely Zambian Import and Exports Limited and Nezya Enterprises Limited. This followed…