Reggie Saruchera

Reinstated Air Zimbabwe workers have now been sent on forced unpaid leave and are demanding that the airline, technically insolvent and under administration, immediately withdraws these orders, which they believe are illegal, and reinstates…
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At least 300 workers fired by Air Zimbabwe (AirZim) five years ago, who have won a long-drawn legal battle to return to work, say they are owed $100 million in outstanding salaries by the struggling airline.
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Air Zimbabwe Administrator Reggie Saruchera, yesterday said he will convene the first meeting of creditors of Air Zimbabwe Holdings (Private) Limited and Air Zimbabwe (Private) Limited to discuss a number of thorny issues including proving…
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Air Zimbabwe is inviting tenders from interested parties to invest in the stuttering airline.
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The resuscitation of Air Zimbabwe has started in earnest following the commencement of work by a Government appointed administrator to superintend over the national airline’s revival, a Cabinet Minister has said.
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Indian firm Balasore Alloys said yesterday the deal to acquire 70 percent shareholding in Zimbabwe Alloys Limited was still on despite claims by judicial manager Reggie Saruchera this week that he had terminated the $90 million transaction.
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The country’s biggest gold mining firm, Freda Rebecca Gold Mine, and nine others that fall under ASA Resources Group, are seeking to be placed under provisional judicial management citing viability challenges.
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Two foreign firms from South Africa and India are eyeing a significant stake in the country’s second largest ferrochrome producer, Zimbabwe Alloys (ZimAlloys). ZimAlloys has been searching for investors to inject cash in its…
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Blue Ribbon Industries says it has cleared over $20 million in debts and liabilities to creditors, financial institutions and staff following acquisition of entire stake by Tanzanian grain milling giant, Bhakhresa Group. General manager…
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By Lovemore Zigara About 200 former employees of Victoria Foods are in a quandary four years after leaving employment as they are still to receive their pensions. Victoria Foods, a subsidiary of CFI Holdings, laid off almost its…
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