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
Plane crash and meltdown — How billionaire’s death unravelled RioZim
Randhawa’s Cessna 206 dropped from the Zimbabwean sky on a sombre morning — late September 2023.
By Shame Makoshori
May. 2, 2025
Premium
RioZim bosses under fire over tax blackhole...Zimra goes after top brass’ cars
For now, Zimra is not waiting. The taxman wants his dues from the once-mighty empire.
By Lee Musaidzi
May. 2, 2025
Premium
Workers in last ditch bid to save RioZim
They recently petitioned Public Service, Labour and Social Welfare minister Edgar Moyo complaining about outstanding salaries.
By Silas Nkala
May. 2, 2025
RioZim workers petition govt over unpaid salaries
The workers are from Cam & Motor Mine in Kadoma, Renco Mine in Masvingo and Murowa Diamonds in Zvishavane.
By Silas Nkala
Apr. 8, 2025
Premium
After years of underperformance, RioZim majority shareholders opt out
This led to an increase in debt obligations of nearly 960% resulting in RioZim, having just ZWL$0,21 to every ZWL of short-term debt.
By Tatira Zwinoira
Mar. 7, 2025
RioZim fires back as workers raise gold theft allegations
The plunder of precious minerals like gold and diamonds is a topical issue in Zimbabwe.
By Julia Ndlela
Nov. 29, 2024
