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
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
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
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
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
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
The plan to revive operations at the largest integrated steel plant, Ziscosteel, has been touted as an investment milestone which is strategic in the economic turnaround of the country.The visit by th...
By Staff reporter | Published: 29 August 2017
THE Government has secured a $1 billion investment for the revival of the country's largest steel maker, the Zimbabwe Iron and Steel Company (Ziscosteel), from a Chinese company, that will see one mil...
By Staff reporter | Published: 29 August 2017
The government is on the verge of striking a deal with some foreign investors that will see the revival of Ziscosteel.Addressing delegates during a Round Table Ministerial Conference in Bulawayo, the ...
By Staff reporter | Published: 22 July 2017
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...
By New Ziana | Published: 20 March 2014
The government has assured Essar Africa that it will secure a loan to pay off Ziscosteel's $200 million domestic debt to accelerate resumption of work at the fallen steel giant.The government inherite...
By Staff reporter | Published: 17 March 2014
The re-opening of NewZim Steel - formerly Ziscosteel - has been postponed due to extensive refurbishments taking place at the plant, Industry minister Mike Bimha has said. Bimha, who could not give sp...
By Staff reporter | Published: 12 February 2014
One of the resolutions from the 2013 Zanu-PF Annual National People's Conference on promoting mineral beneficiation and value addition is to priorities the operationalisation of New ZimSteel and engag...
By Staff reporter | Published: 18 December 2013
Government is making progress to ensure that the New Zim Steel (formerly Ziscosteel) is operational by end of year, Industry and Commerce Minister Mike Bimha said yesterday.Minister Bimha was respondi...
By Staff reporter | Published: 21 October 2013
ACQUISITION of controlling shareholding in Ziscosteel by Mauritius based Essar Holdings will be expedited now that President Mugabe has appointed Cabinet, newly appointed Industry and Commerce Minist...
By Staff reporter | Published: 12 September 2013
Essar Africa Holdings Ltd has entered into "definitive" agreements with the Zimbabwean government to revive the old Ziscosteel plant and develop an iron ore beneficiation plant in the country, busines...
By Staff reporter | Published: 06 September 2013
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
