Zimbabwe National Chamber of Commerce
THE Zimbabwe National Chamber of Commerce (ZNCC) has apprised its members of corporate rescue and liquidation processes amid a tough economic environment that has seen firms battling to maintain solvent statuses.
Local companies, such as Truworths Limited, Beta Holdings and Khayah Cement Limited, have entered corporate rescue to restructure their affairs and continue on a solvent business. A corporate rescue shields the company from liquidation, safeguards stakeholders’ interests and enhances the likelihood of the company’s survival.
ZNCC last week held a webinar for its members in which legal and…
