RioZim to divest Murowa Diamonds stake
... …asset sell-off drive to rescue strained balance sheet, extinguish debt and restore profitability
CLOUDINE MATOLA RioZim Limited is preparing a sweeping disposal of strategic assets, including its stake in Murowa Diamonds Mine, a restructuring drive aimed at rescuing its strained balance sheet, extinguishing debt, and restoring profitability, Business Times can report. The mining group, battling deepening financial distress, plans to offload its 22.2% shareholding in Murowa alongside multiple…
