Trumps higher steel duty potential bane to BBBMon, 12 Mar 2018 09:00:00 GMT
It imports steel and aluminum from over 110 countries and territories, of which the top sources are Canada, Brazil, South Korea, Mexico, Russia, Turkey, Japan, Taiwan, Germany and India. It also imports from China, Thailand, South Africa and the United ...
Tangshan city will extend steel mill output restrictions from ...Sun, 11 Mar 2018 21:36:00 GMT
Reuters - reported that Tangshan will extend production restrictions on steel mills after the current curbs expire next week. The document issued by Tangshan government formalized a draft outline issued in late February and included the same measures.
Bimha begs parly to back Zisco debt billMon, 05 Mar 2018 16:07:00 GMT
... minister Mike Bimha appealed to parliament to support the Zisco debt assumption bill to facilitate the reopening of Zisco Steel which he claims will save the country about $350 million in steel imports while raking in over $1 billion export earnings ...
The case of a toothless LegislatureMon, 05 Mar 2018 14:08:00 GMT
Mpofu was minister of Industry and International Trade at the time when a scandal involving the plunder of the Zimbabwe Iron and Steel Company (Zisco) exploded. When the issue came up for discussion in Parliament, Mpofu had told legislators that he had ...
EDs 100 days show encouraging resultsFri, 02 Mar 2018 02:50:00 GMT
The recapitalisation of the steel giant, ZISCO now at an advanced stage is expected to see the Chinese investor; R and F inject $1 billion after Government took over the state-owned steel makers $ 500 million debt to pave way for the investor.
Foreign investors not needed for Zisco Steel revival, says MliswaWed, 28 Feb 2018 19:29:00 GMT
REDCLIFF: The government should now raise funding for Ziscosteels revival locally as talks with foreign investors have failed to make meaningful progress, a legislative committee has indicated. MPs from the parliamentary portfolio committee on mines and ...
Ex-Ziscosteel employees grappling with arrears with Redcliff ...Tue, 27 Feb 2018 20:58:00 GMT
ZBC reported that former Ziscosteel employees are still grappling to settle their arrears with the Redcliff Municipality despite a payout effected by the steel manufacturing giant ... former self due to the demise of Zisco which was the source of income ...
Stubborn economy defies 100-day deadlineSun, 25 Feb 2018 14:06:00 GMT
There is a ray of hope for the recapitalisation of steel giant Zisco as Chinese firm R&F has set in motion plans to invest $1 billion with Mnangagwas government having conceded to take on about $500 million of debt owed by the state-owned steelmaker to ...
Australia faces nervous wait over US steel tariffsSun, 25 Feb 2018 08:31:00 GMT
It proposes harsher steel tariffs of 53 per cent on imports from a list of 12 countries including China, Brazil, India, South Africa and Vietnam. aluminium would face a 23.6 per cent tariff for products from China, Russia, Venezuela and Vietnam.
Govt grants Zisco revival national project statusTue, 20 Feb 2018 23:00:00 GMT
GOVERNMENT has granted national project status to the Zimbabwe Iron and Steel Company (Zisco), paving way for the successful implementation of the nearly $1 billion investment to revamp the defunct parastatal. Industry, Commerce and Enterprise Development ...
Ex-Zisco Steel players extend hand to GweselaThu, 15 Feb 2018 20:41:00 GMT
FORMER Ziscosteel players yesterday came to the rescue of ailing ex-Zimbabwe Saints hitman Richard Gwesela Ndlovu by donating groceries and money to assist settle his medical bills. The ex-Ziscosteel duo of Mandla Mpofu, now Highlanders assistant ...
Byo industries look up to Zisco revivalWed, 14 Feb 2018 20:49:00 GMT
Industries in Bulawayo relying on steel products have appealed to government to speedily recapitalise giant steel producer Ziscosteel, to enable them to expand their operations. The remarks came in the wake of government having said that the steel ...
Mealie Brand capacity hits 80pcWed, 14 Feb 2018 14:30:00 GMT
Our major challenge is lack of the major raw material which is steel due to the closure of Zisco. We now have to import most of the steel that we need and foreign currency has been coming in dribs and drabs. Our business is seasonal and we are ...
Collective job action laws dont favour workersWed, 14 Feb 2018 14:30:00 GMT
This position was confirmed by the Supreme Court in the matter ZISCO v T. Dube and 53 others judgment number ... Also see the matter Lancaster Steel v Zvidzai and others judgment SC 29/95, where the workers were dismissed for engaging in illegal collective ...
BizVibe Reveals the Top 10 Steel Producing Countries in the WorldTue, 13 Feb 2018 13:14:00 GMT
Most of the growth in steel production comes from newly industrialized nations like Brazil, China, India, Iran, and Mexico. Some steel production in Europe, the Americas, and Africa suffered a slight decline while the production rates in Asia, the Middle ...
2018 Elections - Who will take the front seatWed, 07 Feb 2018 13:25:00 GMT
We have seen many industries that had closed re-opening again and this includes the David Whitehead Textile Industries (collapsed in 2011) in Chegutu, ZISCO Steel in Kwekwe among others. Also His Excellence the President Mnangangwa was invited to the Wold ...
South Africas Cape Town Set to Run out of Water in April But ...Thu, 01 Feb 2018 05:55:00 GMT
READ MORE. Ailing ZISCO in Zimbabwe Set To Roll Again as New Investor Prepares to Take Over $ 500 million of debt is set to be taken by Zimbabwe from state-owned Zimbabwe Iron and Steel Company (ZISCO) to pave way for another investor who will be taking ...
Chiefs Demand Sugar Cane Plots From MnangagwaMon, 29 Jan 2018 09:18:00 GMT
During the same event Midlands chiefs represented by Chief Ngungubali, pleaded with Mnangagwa for the reopening of Shabani Mine, Zisco Steel and Zimasco. As Midlands provinces chiefs we have a number of concerns in our areas and the main one being ...
Pan-African News WireSun, 28 Jan 2018 18:43:00 GMT
Once companies like NRZ and Zisco Steel are back on track, revival is almost certain, said Mr Jabangwe. President Mnangagwa held talks with IMF managing director Christine Lagarde, who said the financial institution will continue supporting Zimbabwe as ...
EDITORIAL COMMENT: Zisco revival will usher industrial boomSun, 28 Jan 2018 14:25:00 GMT
The move has ignited hopes of the revival of the defunct steel giant which used to anchor economic activities in the Midlands and beyond as it had many downstream industries in the manufacturing sector. Government has made the revival of Zisco operations a ...
Number of news reports: 20