RioZim shareholders approve turnaround plan

At an extraordinary general meeting held virtu­ally last week Wednesday, shareholders voted 100 percent in favour of the disposal of the gold mine to an unrelated third-party purchaser.

RIOZIM shareholders have approved a major capital raise involving asset disposals, debt restructuring and debt financing as part of an immediate business turnaround plan. At an extraordinary general meeting held on April 22, 2026, shareholders voted 100 percent in favour of all special resolutions. The Zimbabwe Stock Exchange (ZSE)-listed metal and mining company has been struggling…

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