HARARE - OK Zimbabwe Limited has entered corporate rescue after its US$30.5 million recapitalisation plan failed to close a critical funding gap, leaving the...
HARARE - One of the Lock brothers, Benjamin is excited with developments at The Hills Luxury Golf Estate to the extent he has committed to bringing his tennis and golf friends to Harare to experience the city’s developing golf estate.
HARARE - The Zimbabwean government has been called upon to issue an urgent ministerial statement clarifying the implications of the financial crisis at South African sugar producer Tongaat Hulett Limited, amid growing concern over the potential impact on thousands of livelihoods in the Lowveld.
JOHANNESBURG - Vision Group has moved to reassure stakeholders in Zimbabwe, Mozambique and Botswana following the provisional liquidation filing of Tongaat Hulett Limited in South Africa.
Tongaat Hulett Limited, the South African parent company of Zimbabwe’s sugar producer Tongaat Hulett Zimbabwe, has applied for provisional liquidation after its business rescue plan collapsed, a move that raises fresh uncertainty over the future of the regional sugar group.
