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Topic: riozim

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...
Business
By Tatira Zwinoira 2 days ago
RioZim seeks US$39,4m to clear debt, revive operations
Dalny Mine’s tribute scheme boosts livelihoods in Chakari community
Dalny Mine’s tribute scheme boosts livelihoods in Chakari community
Business
By Blessed Ndlovu 20 days ago
Dangote’s Zimbabwe comeback tour: what went wrong the first time? What’s changed now?
Dangote’s Zimbabwe comeback tour: what went wrong the first time? What’s changed now?
Opinion & Analysis
By NewZwire 4 months ago
'RioZim revival benefiting workers’ – Union says
'RioZim revival benefiting workers’ – Union says
Local News
By Staff Reporter 4 months ago
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...
Local News
By Nhau Mangirazi 4 months ago
Renco Mine revival RioZim’s turning point
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. ...
Local News
By Desmond Chingarande 5 months ago
High Court blocks RioZim from selling assets
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....
Business
By Tatira Zwinoira 6 months ago
Beebeejaun out as RioZim chairman following miner’s collapse
Union turns the heat on RioZim
The action was taken as the firm now has a massive debt burden, which the court application revealed to be at least US$191 million....
Business
By CONCILIA MUPEZENI 7 months ago
Union turns the heat on RioZim
Premium
Employees block RioZim's multi-million dollar asset disposal move
According to statements dated May 29 and July 17, 2025, RioZim was negotiating with potential investors for a US$20 million working capital injection....
News
By CONCILIA MUPEZENI 7 months ago
Employees block RioZim's multi-million dollar asset disposal move
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