Essar Africa Holdings Limited will release more than $450 million to clear most of NewZim Steel's (formerly Zisco Steel) debt and pave the way for the operationalisation of the company.In addition to ...
The Zimbabwe government on Wednesday called for patience as modalities for re-opening of the defunct Kwekwe based steelmaker, New Zim Steel (formerly Ziscosteel) are being worked out.Deputy Industry a...
Refurbishment of the New Zimsteel plant in Redcliff is progressing well with government promising operations will resume before the end of this year.Government says engineers working on the New Zimste...