Sachikonye quits Rio Zim

Prominent businessman, Joshua Sachikonye, has quit Rio Zimbabwe. An extraordinary General Meeting was held last week to thrash out several burning issues including his unpopular tenure.

The mining giant is seriously cash-strapped with a debt of more than $50 million at Barclays.

Rio has been forced to send its top heavy Board packing by major shareholders for allegedly abusing funds and running down a once blue chip counter on the ZSE.

Post published in: News

Leave a Reply

Your email address will not be published. Required fields are marked *