Harare – Mutapa Gold Resources has distributed over US$22 million to its parent company, the Mutapa Investment Fund (MIF), as part of a landmark US$35 million maiden dividend, signaling a financial turnaround for Zimbabwe's state-owned gold producer. The payout, declared for the nine months ending December 2025, follows a period…
Harare – Cotton Company of Zimbabwe (Cottco) has been placed under a voluntary business rescue plan after years of financial distress, weak balance sheets, and an inability to pay salaries, creditors, and other obligations, lawmakers heard. Cottco board chairperson, Sifelani Jabangwe told the parliamentary portfolio committee on Agriculture, Mechanisation and…
