Day: January 6, 2025

Khayah Cement Limited Initiates Corporate Rescue Amid Financial Struggles
Khayah Cement Limited has voluntarily entered corporate rescue proceedings under the Insolvency Act [Chapter 6:07] to address its financial challenges and pave the way for a sustainable recovery. The decision comes after a series of operational and financial setbacks, including significant equipment breakdowns, rising production costs, and market pressures. The company’s kiln, crucial for producing […]
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The Victoria Falls Hotel Remains Under Original Ownership
The owners of The Victoria Falls Hotel have dismissed rumors claiming the property has been sold. Emerged Railways Properties (ERP), the owners of The Victoria Falls Hotel property, along with Meikles Limited and African Sun Limited, the lessees and operators of the hotel, have refuted media speculations about the hotel’s ownership and their partnership. Media […]
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