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
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
RioZim close to closing major deals to resuscitate business
The action was taken as the firm was saddled with debts amounting to US$191 million.
By Business Reporter
Jul. 22, 2025
RioZim faces graft complaint over tax, fraud, asset stripping
Zacc Commissioner Kindness Paradza confirmed receipt of the complaint, stating: “We can confirm that we received the report on the 24th of June, and it is under investigation.”
By Freeman Makopa
Jun. 27, 2025
RioZim financial woes deepen
RioZim’s liquidity position also deteriorated.
By Tatira Zwinoira
Jun. 6, 2025
RioZim in talks for US$20m bailout
RioZim’s total liabilities surpassed its assets as of June 30, 2024, by at least US$11 million.
By Tatira Zwinoira
Jun. 4, 2025
RioZim in firing line over US$5m power debt
The document also warned that failure to adhere to the payment terms could result in legal action.
By Lee Musaidzi
May. 9, 2025
Renco Mine labour dispute rages on
Njanike implored employees to work together with management to return the mine productivity.
By Silas Nkala
Nov. 28, 2024
RioZim appoints new legal, HR head
For the half-year period, RioZim recorded a loss of ZiG165,71 million, from a 2023 comparative of ZiG110,48 million.
By Business Reporter
Nov. 26, 2024
