Business

RioZim loss widens to ZiG739m as revenue slumps

NewsDay Staff ·

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%.

The net loss compares with ZiG628,47 million recorded in the prior year, reflecting deepening financial stress at the resources group.

Since 2024, RioZim has faced severe liquidity challenges driven by rising production costs, persistent power cuts, exchange rate volatility, frequent plant breakdowns and governance concerns.

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