judicial management

David Whitehead Textile (DWT) corporate rescue practitioner Knowledge Hofisi, has started the process of removing the company under judicial management.
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Business mogul Mr James Makamba has applied to the High Court seeking removal of his investment vehicle, Kestrel Corporation (Private) Limited, from provisional judicial management.
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Textile giant Merlin, which is under resuscitation, has secured a contract to dye 306 tonnes of yarn from a local company.The Bulawayo-based firm, which was placed under judicial management in 2012, is re-opening after one of its creditors…
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Zimbabwe’s government has injected $2 million into David Whitehead to resume operations. David Whitehead, a large textile firm that used to employ 2 500 people in Chegutu, 100km southwest of Harare, collapsed in 2011 after being placed…
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HARARE- State owned Air Zimbabwe has been placed under judicial management after its debt rose to $140 million leaving it facing possible liquidation. On Friday, the High Court appointed a judicial manager and barred the Air Zimbabwe board…
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