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Daybreak Foods seeks PIC approval for business rescue as financial crisis escalates
08 May 2025 04:01 GMT
Banele Ginidza
Daybreak Foods has initiated a search for the Public Investment Corporation's (PIC) approval to enter Business Rescue, a decision prompted by mounting financial difficulties which have been exacerbated by a shocking culling of underfed …
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Imperative for stronger corporate governance in Zimbabwe
20 Apr 2025 04:42 GMT
… ;s corporate governance challenges can be traced back to the financial crisis of … ;s corporate governance challenges can be traced back to the financial crisis of … a corporate governance expert, asserts, "The integrity of corporate governance in Zimbabwe …
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Lee Jae-myung says KOSPI 5000 is theoretically achievable within 5 years
09 May 2025 01:46 GMT
… lost everything during the IMF financial crisis. After that, I stuck to … few things—market instability, regressive corporate governance, and the geopolitical situation—then …
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Whistle blown on governance of Additional Curates Society
09 May 2025 00:26 GMT
… currently facing its greatest ever financial crisis, particularly in the deployment of … the annual report as a “corporate governance complaint” — prompted the charity to …
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Is surge in Indian IPOs hiding a looming financial crisis for smaller firms?
25 Mar 2025 17:29 GMT
Financial markets globally have been volatile for the last couple of months. Specifically, portfolio outflow in the current fiscal is at -$2.1 bn. This comes against an inflow of $35.5 bn in FY23 and FY24. FY22 had also witnessed an outflow of around $17.9 …
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ESG credibility under scrutiny after Gensol, BluSmart crisis
08 May 2025 09:19 GMT
… ’s interim order exposing the financial crisis in BluSmart. Emails sent to … Engineering showed gross violation of corporate governance, fund embezzlements and related-party … raise serious concerns over sound corporate governance, but there seems to be …
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Repeated corporate governance failures damaging consumer trust – report
13 Feb 2025 11:49 GMT
… questions about corporate governance.”
Despite a proliferation of corporate governance scandals playing … internal controls.
“The 2008 financial crisis further highlighted the lack of … accelerated the need for robust corporate governance.
“In the future, …
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OK Zimbabwe Battles Turbulent Times: Closes Five Branches Amid Financial Crisis
02 Feb 2025 00:46 GMT
OK Zimbabwe, the country’s largest retailer by store count, is navigating increasingly turbulent waters as it announces the closure of five branches across the nation.
The 83-year-old retail giant cited a challenging trading environment as the primary …
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Thoughts for Boards: Key Issues in Corporate Governance for 2025
31 Jan 2025 18:39 GMT
… clients as the evolution of corporate governance has been propelled by multiple … and regulations, followed by the financial crisis and subsequent Dodd-Frank reforms … proxy fights. And as the corporate governance debates have continued to evolve …
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Auditing and the practice of good corporate governance
16 Jan 2025 14:47 GMT
… and other important stakeholders.
Corporate governance practices for listed companies mostly … gets involved in a financial crisis, officials have an active … those disclosures.
Consequently, good corporate governance establishes corporate success, economic …