RioZim’s future looks bleak, auditors warn
RioZim relied on borrowings and strategic funding arrangements. Auditors Forvis Mazars Zimbabwe highlighted the severity of the company’s financial position.
By Blessed Ndlovu
Jun. 5, 2026
RioZim loss widens to ZiG739m as revenue slumps
EMBATTLED miner RioZim Limited has widened its loss-making position to ZiG739,06 million for the financial year ended December 31, 2025, as revenue declined by 47,14%.
By Tatira Zwinoira
Jun. 3, 2026
RioZim seeks US$39,4m to clear debt, revive operations
Resources group RioZim Limited is seeking to raise US$39,4 million through a mix of borrowing and asset disposals as it moves to extinguish debt and recapitalise its remaining mining assets
By Tatira Zwinoira
Mar. 31, 2026
Dalny Mine’s tribute scheme boosts livelihoods in Chakari community
The community in Chakari, where Dalny is based, is largely dependent on mining, and the tribute scheme has become an important source of employment for many residents.
By Blessed Ndlovu
Mar. 13, 2026
Dangote’s Zimbabwe comeback tour: what went wrong the first time? What’s changed now?
To make it work, Dangote entered talks through the Black Rhino Group, an infrastructure investment arm backed by US private equity giant Blackstone.
By NewZwire
Nov. 12, 2025
'RioZim revival benefiting workers’ – Union says
RioZim, which is currently implementing a robust turnaround strategy, is showing signs of reviving its operations, following the revival of one the group’s gold assets, Renco Mine
By Staff Reporter
Nov. 9, 2025
Renco Mine revival RioZim’s turning point
Recent media reports suggested that RioZim had been placed under corporate rescue following an interdict application by the Zimbabwe Diamond and Allied Minerals Workers’ Union
By Nhau Mangirazi
Nov. 7, 2025
High Court blocks RioZim from selling assets
RioZim’s lawyer, Thabani Mpofu, argued that the company’s board should be allowed to make operational decisions while waiting for a rescue practitioner to be appointed.
By Desmond Chingarande
Oct. 8, 2025
Beebeejaun out as RioZim chairman following miner’s collapse
As previously reported, RioZim’s liquidity position steadily deteriorated, with total liabilities exceeding assets by at least US$11 million as of June 30, 2024.
By Tatira Zwinoira
Sep. 29, 2025
