It’s not OK: Retailer suspends salaries in survival bid
The interventions appeared to be too little too late as the retailer has struggled to restock with suppliers demanding cash upfront.
By Nhau Mangirazi
May. 25, 2026
Long odds of the last lifeboat: Corporate rescue in Zim
SINCE Zimbabwe’s Insolvency Act came into force in 2018, only three registered corporate rescue practitioners have successfully concluded major industrial turnarounds.
By Valentine Muhamba
May. 15, 2026
Even 38,74% is too small, I know what I built: Vingirai
Vingirai opens up on what he describes as muted voices at shareholder meetings,
By Melody Chikono
Jul. 25, 2025
OK says US$30m capital raise at advanced stage
Last month, OK’s board resolved to undertake a capital raise of US$30 million to bridge a funding gap, pay creditors and stabilise the company’s financial position.
By Tatira Zwinoira
May. 5, 2025
Khayah to delist from ZSE
Khayah’s board voluntarily placed the company under corporate rescue in accordance with the provisions of the Insolvency Act [Chapter 6:07], effective from December 30, 2024.
By Tafadzwa Mhlanga
Apr. 29, 2025
US$7m ZPC debt chokes Makomo
A report issued in January revealed that Makomo supplied ZPC with 40 000 tonnes of coal monthly.
By Freeman Makopa
Mar. 28, 2025
Court approves Makomo’s removal from curatorship
Makomo had been under corporate rescue since 2021, after being overwhelmed by creditor demands amounting to millions of United States dollars.
By Staff Writer
Mar. 21, 2025
Premium
Makomo set to bounce back from curatorship
Chartered accounting firm Grant Thornton was appointed to steer the company back to financial stability.
By Freeman Makopa
Mar. 14, 2025
Khayah slips into corporate rescue as US sanctions bite
“Creditors and other stakeholders shall be notified of further processes by the corporate rescue practitioner,” Khayah said.
By Business Reporter
Dec. 24, 2024
Premium
National Foods invests US$25m in local milling
Business
By Blessed Ndlovu and Concilia Mupezeni
Jun. 7, 2026
