DEFUNCT steel manufacturer, Ziscosteel, is set to get a new board of directors after Government retired the entire old board that had been in office for more than a decade. Industry and Commerce Minis...
By Staff reporter | Published: 14 June 2019
A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...
By Staff reporter | Published: 03 May 2019
China's Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe's Mines Minister Winston Chitando said on Tuesday.Presi...
By Reuters | Published: 24 April 2019
A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...
By Staff reporter | Published: 24 April 2019
GOVERNMENT yesterday signed an investment deal worth more than $5 billion with a Chinese steel manufacturing giant, Tsingshan, for the setting up of a new steel plant in Mvuma and to bankroll a number...
By Staff reporter | Published: 24 April 2019
Steelmakers Zimbabwe (Private) Limited in Redcliff, Kwekwe is being sued over a debt owed to an oxygen cylinder supplier.This comes after the two parties signed a deal in early 2016 which later collap...
By Staff reporter | Published: 30 September 2018
Government yesterday signed a special coal mining grant with iron and steel company Steelmakers that will allow the firm to invest $120 million on expanding its production. With iron and steel plants ...
By Staff reporter | Published: 25 July 2018
President Emmerson Mnangagwa says the re-opening and expansion of a steel plant in Masvingo will promote value addition and create employment.He said in Harare this evening during at a signing ceremon...
By Staff reporter | Published: 24 July 2018
PARLIAMENT has recommended that the country's rail system should be repaired to enable transportation of coal supplies to companies such as Ziscosteel.This came out in a report on Ziscosteel which was...
By Staff reporter | Published: 15 June 2018
China's unlisted Tsingshan Holding Group on Monday signed a $1 billion outline agreement with Zimbabwe to build a steelmaking plant there after completing a feasibility study.President Emmerson Mnanga...
By Reuters | Published: 12 June 2018
Shareholders of the Zimbabwe Iron and Steel Company (Ziscosteel), will hold an extraordinary general meeting on June 28, to approve a transaction that will see the steelmaker's assets sold to Chinese ...
By Staff reporter | Published: 11 June 2018
Industry and Commerce minister Mike Bimha on Monday commissioned a $12 million steel reinforcement bars plant expected to create employment for 450 people.Steel Brands in New Ardbennie Industrial Are...
By Staff reporter | Published: 04 June 2018
President Mnangagwa has assented to the Zimbabwe Iron and Steel (Debt Assumption) Bill enabling Government to take over its approximately $500 million debt it owes to various local and foreign credito...
By Staff reporter | Published: 30 May 2018
Government is receptive to investment in the steel industry that promotes growth of the small to medium enterprises together with beneficiation and value addition across value chains, Industry, Commer...
By Staff reporter | Published: 29 May 2018
Zimbabwe will begin feasibility studies of stainless steel production in the next two months and agreements to pave the way for this exercise will soon be signed, Mines and Mining Development Minister...
By Staff reporter | Published: 18 May 2018
China's Sinosteel Corporation has agreed to invest $1-billion in Zimbabwe to build a power plant and increase ferrochrome output, the Southern African country's President Emmerson Mnangagwa said on Mo...
By engineeringnews | Published: 15 May 2018
Zimbabwe and Sinosteel of China have signed a memorandum of understanding (MOU) to the tune of $1.01 billion for the mining of ferrochrome and coal bed methane in Matabeleland North Province.Projects ...
By Staff reporter | Published: 14 May 2018
THE iron and steel sector is negotiating with the Reserve Bank of Zimbabwe (RBZ) for a $20 million facility to source raw materials and new equipment.This comes as the sector is undercapitalised and a...
By Staff reporter | Published: 06 May 2018
CHINESE investor, Zhang Li, who is president of R&FA is in Zimbabwe to finalise the implementation of a $1 billion resuscitation of the Zimbabwe Iron and Steel Company (Ziscosteel), Southern Eye h...
By Staff reporter | Published: 22 March 2018
Ziscosteel requires at least $1billion to restart operations following its closure about 10 years ago while the new investor will need 18 to 24 months to restructure and reconstruct blast furnaces bef...
By Staff reporter | Published: 01 March 2018
Zimbabwe has approved its first application for a special economic zone (Sez) which will pave the way for the resuscitation of an industry value chain. The Special Economic Zones Authority, which is ...
By Staff reporter | Published: 19 January 2018
Government is working on modalities to resurrect the "sleeping" iron and steel giant Ziscosteel within the first 100 days of Emmerson Mnangagwa's presidency.Addressing chiefs in the Midlands capital, ...
By Staff reporter | Published: 15 January 2018
KWEKWE and Redcliff residents are optimistic that the incoming President, Emmerson Mnangagwa, would spearhead the revival of Ziscosteel and bring the two towns back to life.Redcliff Mayor Councillor F...
By Staff reporter | Published: 25 November 2017
THE future of former Zimbabwe Iron and Steel Company (Zisco Steel) workers is hanging by a thread after the Government announced that it will not be part of the recruitment process in the new deal wit...
By Staff reporter | Published: 03 September 2017
THE Government has given assurance that the $1 billion Zisco/R and F Company resuscitation deal will not collapse as due diligence procedures were done before the winning bidder was selected.Industry ...
By Staff reporter | Published: 31 August 2017
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
