Khayah Cement Restructures Amid Corporate Rescue Efforts

Khayah Cement Limited (Under Corporate Rescue) has scheduled a creditors and members meeting on Wednesday, 19 February 2025, at 09:00 AM at Chapman Golf Club, 6 Smit Crescent, Harare, Zimbabwe.

The meeting is convened in accordance with Section 140 of the Insolvency Act [Chapter 6:07]. In line with Section 139 of the Act, holders of the company’s securities are entitled to formally participate in the corporate rescue proceedings.

The company aims to pass a resolution on the necessary measures to resuscitate, restructure, and restore its solvency for the benefit of shareholders and creditors.

Corporate rescue proceedings are designed to facilitate the rehabilitation of financially distressed companies.

John Tanyanyiwa

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