RIOZIM Limited is betting on the US$20 million capital injection from undisclosed investors to turn around its fortunes as it also seeks to embark on an extensive retooling programme to improve efficiency. The Zimbabwe Stock Exchange (ZSE)-listed miner has been unable to capitalise on favourable gold prices and struggled for profitability due to persistent equipment…

This week, RioZim said the Zimbabwe Diamond & Allied Minerals Workers Union lodged an urgent chamber application on July 29, 2025, seeking to bar the company’s board from proceeding with the transactions.
