Business - May 13, 2026
Mutapa Gold seeks US$250m for
Local - May 13, 2026
RioZim shareholder moves to overturn
Africa - May 11, 2026
Africa’s richest man Dangote eyes
Local - May 8, 2026
Karo Resources, lenders in US$350m
InternationalNews
RioZim shareholder moves to overturn disputed EGM resolutions
A shareholder in RioZim Limited has approached the High Court seeking to nullify resolutions passed at the company’s recent Extraordinary General Meeting (EGM), alleging serious breaches of insolvency laws and corporate governance procedures.
In a founding affidavit filed last week, minority shareholder Tendai Rwodzi argues that the EGM held on April 22, 2026, was legally invalid because it proceeded after the company had allegedly entered a mandatory legal “freeze” triggered.
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