RioZim Limited is facing a new court application for corporate rescue after a shareholder alleged the company could slide into insolvency due to mounting financial pressure and liquidity challenges.
The Cotton Company of Zimbabwe Limited (COTTCO) board and management are under intense scrutiny after it emerged that more than US$70 million in funding was allegedly misused within a single year, even as the company failed to meet key financial obligations.
The Cotton Company of Zimbabwe Limited (COTTCO) has been placed under corporate rescue after its board of directors cited deepening financial distress driven by liquidity challenges, high debt levels, and mounting arrears to farmers.
Diaspora Insurance is restructuring its leadership, with founder Jeff Madzingo becoming Executive Chairman and a new CEO set to take over in June 2026.
Old Mutual will implement board committee changes after its June 2026 AGM, as part of a structured succession plan aimed at strengthening governance and oversight.
Rising fuel prices and escalating costs of agricultural inputs are threatening the ability of farmers in Zimbabwean to return to the fields to prepare for the winter wheat season, a representative body has said.
Zimbabwe’s anti-corruption watchdog has launched a high-stakes probe into Powertel’s leadership amid bombshell allegations of fraud, chaos, and dodgy deals.
Caledonia Mining Corporation Plc has reported a decline in gold production at its Blanket Mine in Zimbabwe for the first quarter of 2026, citing operational constraints and planned mining sequencing, while maintaining its full-year output forecast.
