Khayah Cement passed a resolution putting itself under corporate rescue to avoid being wound up. The company said United States sanctions on its majority shareholder, Fossil Mines, had squeezed its business badly. A rescue practitioner from Grant Thornton took over dealings with creditors. Corporate rescue puts every job at the cement maker at risk, although no worker number was reported.

No worker figure was reported in the source

Corporate rescue practitioner Bulisa Phillimon Mbano of Grant Thornton appointed. Filing made with the Master of the High Court and Registrar of Companies.

A workplace stops operating, is placed on care and maintenance, or resumes operating after a period of closure.

Evidence required: The name of the site and the operator, the date operations stopped or resumed, and a statement from the operator, a landlord, a local authority or an established publication.