The Board of RioZim Limited advises its shareholders, other stakeholders and the investing public that publication of the Company’s interim financial statements, which was due on the 30th of September 2019, will be published on or before 31 October 2019. The Company has obtained regulatory approval from the Zimbabwe Stock Exchange.
The delay is due to the implications of policy pronouncements made in the first half of the year. The pronouncements have had a significant impact on the underlying information that forms the basis of the Company’s financials. This has necessitated adjustments to the Company’s overall financial recording and reporting systems. The process has taken longer than was anticipated.
The Company believes that within the period specified above, it will have finalised all due processes and will be able to publish its interim financial statements.
By order of the Board
RioZim Management Services (Private) Limited (Secretaries)
Per Mupanduki E
1 Kenilworth Road Highlands, Harare