Business

High Court Lifts Moratorium, Allows OK Zimbabwe Eviction Case to Proceed

OK Zimbabwe could face an eviction battle over its Mount Pleasant premises after the High Court granted its landlord permission to resume legal proceedings against the retailer despite its ongoing corporate rescue process. Justice Lucy…

Government Grants Five-Month Moratorium for E-Hailing Sector

By Judith Matanire The Government has introduced a five-month moratorium as it works towards establishing a formal regulatory framework for Zimbabwe’s growing e-hailing industry. The move comes as authorities seek to address challenges affecting operators…

OK Zimbabwe Limited Files for Corporate Rescue, Practitioner Appointed

By Judith Matanire One of Zimbabwe’s leading supermarket chains, OK Zimbabwe Limited, has formally commenced voluntary corporate rescue proceedings after its board resolved to seek protection under the Insolvency Act. A notice issued on 25…

NetOne Refutes Rumors of Executives “On the Run”

State-owned telecommunications company NetOne has dismissed reports circulating in some media outlets alleging that two of its senior executives are "on the run." In a press statement issued by the company’s Board and Management, NetOne…