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Winsley Militala

Zimglass liquidation finalised

By Lovemore Zigara The final liquidation of the country's sole flint glass manufacturer, Zimbabwe Glass Industries (Zimglass) has been completed after efforts to revamp the company failed. The move paves way for the disposal of the…
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Insider loans cripple Tetrad

TETRAD Investment Bank mired by a negative core capital to the tune of US$38 million, is facing collapse due to non-performing loans accounting for 99 percent of the loan book, the bulk of which were made to related parties with no…
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Tetrad faces liquidation?

HARARE - Tetrad Investment Bank’s future hangs in the balance as creditors and depositors meet for the last time today in the capital to decide the troubled financial institution’s fate.
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Textile company’s future uncertain

A row has erupted between David Whitehead Textiles’ shareholders, creditors and the company’s Judicial Manager with the parties failing to agree on whether the company should be liquidated or continue under judicial management.
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