Board of directors role in corporate rescue

Nivad will spearhead safety improvements, monitor underground trends, conduct geotechnical assessments, scan underground voids, and track gold output to curb leakages. The management firm will also oversee shaft ownership to eliminate speculative holding.

By John J Mkushi THE number of corporate rescue cases in Zimbabwe seems to be on the increase. Various reasons for this development have been advanced, and these are largely to do with a worsening operating environment for business. Some of the challenges businesses are grappling with include the prevailing hyperinflation environment, ever fluctuating exchange…

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