RioZim workers endorse corporate rescue option to safeguard jobs

The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has thrown its weight behind efforts to place the country’s  mining giant RioZim Limited under corporate rescue to save jobs.

In an affidavit filed at the High Court Commercial Division under case number HCHC282/26, ZDAMWU secretary-general Justice Chinhema said the union supported the application in a bid to safeguard workers’ livelihoods and preserve the company as a going concern.

The matter is between Tendai Rwodzi as applicant and RioZim Limited, the Master of the High Court and the Registrar of Companies as respondents.

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