Colbro issues a sudden shutdown notice to employees

Colbro has issued a sudden shutdown notice to employees at its Masvingo branch, affecting both permanent and contract staff with immediate effect.

The company is now under the management of a liquidator, and only a skeleton crew will continue operations during the liquidation process. Employees have been asked to sign new contracts under the authority of the liquidator, signaling a major restructuring as the company navigates its financial and operational challenges.

This abrupt action has left workers uncertain about their employment status and future income, while the liquidator oversees Colbro's transition and asset management.