Once a mining giant, now an outlier: RioZim in crisis
Cam & Motor Mine produced only 185 kg of gold, a 63% decline from 499 kg in 2023, due to low gold recoveries and a shortage of high-quality ore.
By Kudakwashe Taimo
Jun. 27, 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
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
