RioZim Turns the corner

by Golden Sibanda Senior Business Reporter (Herald)

RESOURCE firm RioZim Limited appears to have turned the corner after a solid financial performance in the first quarter of 2013. A trade update released by management at the firm’s annual general meeting in Harare last week shows RioZim is consolidating

gains that started rolling in over the better part of 2012. The firm that teetered on the brink of liquidation last year has suddenly found a new lease of life under new chief executive Mr Ashton Ndlovu, who took over as CEO in April last year.

“RioZim will soon return to its rightful place as one of this country’s blue chip institutions, supporting employment and growth,” Mr Ndlovu said.

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