liquidation

Defunct giant textile firm National Blankets Limited has come out of judicial management and dodged imminent liquidation after shareholders paid all the creditors their dues that ran into millions of dollars.
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Former Vice President Joice Mujuru and her company, Ruzirun Investments, have approached the High Court seeking an order stopping a couple she owes money from attaching her property as she fears going “under liquidation or facing multiple…
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Bulawayo textile manufacturing firm, National Blankets (Pvt) Limited, has been liquidated following years of poor performance and failure to find a good investment suitor in yet another blow to the city’s industrial revival drive.
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TRUST Bank is facing liquidation after the Reserve Bank of Zimbabwe cancelled it’s banking licence over allegations of abuse of depositors’ funds and violation of the provisions of the Banking Act.
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Black people are worse off than they were during the apartheid years, expelled ANC Youth League leader Julius Malema said. More than 1000 mineworkers from the liquidated Aurora Empowerment Systems and the neighbouring Gold One arrived to…
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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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