Insurer seeks court review of Paramount’s US$11,7m bill
Short-term insurer Alliance Insurance has appealed against a High Court order compelling it to pay textiles giant Paramount Exports nearly US$11,7 million for stock destroyed in a devastating fire,
By Blessed Ndlovu
May. 15, 2026
Bulawayo’s Archer Clothing ramps up production
Today, Archer Clothing exports to Germany, South Africa, Mozambique and Zambia, with key markets including the global mining and safari industries.
By Patricia Sibanda
May. 1, 2026
Insurer ordered to rebuild burnt factory
The garment manufacturer accused the insurer of failing to uphold its contractual obligations after a fire destroyed its property in Southerton, Harare.
By Desmond Chingarande
Feb. 22, 2026
Paramount, Alliance dispute over redress spills into court
In January, Paramount made a formal complaint with the Insurance and Pension Commission, over the case.
By Blessed Ndlovu
Aug. 1, 2025
Paramount Garments bemoan insurance claim delay
Youmans said the company is now relying on other stakeholders that are helping them.
By Newsday
Jan. 7, 2025
In Africa As In Europe, Sanctions Evaders Continue to Defy International Regulations
The now infamous Niels Troost case provides a solid example of these tactics at play
By Newsday
Sep. 19, 2024
Fire-damaged clothing giant bleeds as insurers delay payouts
The fires, which raged for about two weeks, inflicted extensive damage estimated at around US$30 million on the factory.
By Blessed Ndlovu
Feb. 9, 2024
Paramount Garments says fire damages top US$30m
Paramount group finance director Jeremy Youmans said that the company had suffered a great loss to the fire.
Paramount blazes 10 days on
Paramount group finance director Jeremy Youmans told NewsDay that there was combustible material inside the building and fewer resources to extinguish the deadly inferno.
By Brent Shamu
Dec. 11, 2023
