Cabinet okays $1bn parastatals debt takeoverThu, 20 Jul 2017 16:14:00 GMT
Business Reporter CABINET has approved the assumption of over $1 billion worth of debts that have been accumulated by some critical State Enterprises including Air Zimbabwe and Zisco Steel, as part of accelerated efforts to make them attractive to ...
Govt embarks on mining titles computerisationThu, 20 Jul 2017 09:48:00 GMT
The Ministry of Industry and Commerce which is pursuing a quiet diplomacy in its search for a private partner in Zisco Steel after the flop of Esser deal said; A major announcement is in the offing as they seek to revive the steel industry.
Former Zisco workers receive 40pct of months pay after 8 yearsWed, 12 Jul 2017 17:57:00 GMT
The ZISCO group virtually collapsed Redcliff steelworks and subsidiaries such as iron ore miner BIMCO, Lancashire Steel, Frontier Steel and Zisco Distribution centre. Majority-owned by the State, the company effectively stopped production at its Redcliff ...
Former Ziscosteel workers get 40% of one months salary after ...Wed, 12 Jul 2017 03:12:00 GMT
Ziscosteel joint workers chairman Benedict Moyo: The company has availed $400 000 to the workers of ZISCO group of companies. The amount translates to 37, 5% of an individual salary. The money which has been released by the company has nothing to do with ...
Closure of ZISCO affecting iron, steel industryFri, 07 Jul 2017 13:08:00 GMT
The iron and steel downstream industries say the closure of the Zimbabwe Iron and Steel Company (ZISCO) continue to affect their operations as they are failing to break even due to high cost of the imported raw materials. Some Small and Medium Enterprises ...
NRZ must avoid Ziscos fateThu, 06 Jul 2017 23:45:00 GMT
But questions remain on the governments ability to get private investors on board, following the abortive attempt to revive moribund steel firm Zisco. In 2010, government signed a $750 million deal with Indias Essar, which would see the company ...
More property to be attached at Ziscosteel over millions owed ...Thu, 06 Jul 2017 15:55:00 GMT
The layoffs followed rescue collapse with the India-based Essar group. Essar won the bid to take over Zisco against competitors including Arcelor Mittal and Jindal Steel, with the takeover hyped at an elaborate 2011 event attended by President Robert ...
Govt pledges support to iron, steel industryThu, 06 Jul 2017 08:55:00 GMT
The Engineering Iron and Steel Association of Zimbabwe President, Mr Austin Tigere said they are facing stiff competition on the international market as they are importing raw materials due to the closure of ZISCO and ZIMASCO companies. The 80 th ...
High Carbon Bearing Steel2017-2022 Global Top Countries Market ...Mon, 03 Jul 2017 20:35:00 GMT
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Redcliff cement plant recruits 100 workersTue, 20 Jun 2017 17:37:00 GMT
The new cement firm has brought a refreshing feel to the deathly silence and faltering industrial face of Redcliff since the collapse of Zisco Steel in 2008. On average Zimbabwe consumes about 1,14 million tonnes of cement per year and producers have to ...
Amplats' exit from Brazil platinum prospect sparks London listingMon, 19 Jun 2017 06:24:00 GMT
JOHANNESBURG (miningweekly.com) The withdrawal of South Africas Anglo American Platinum (Amplats) from a platinum group metals (PGM) project in Brazil has opened the ... The agreement, reached with the United Steel Workers of America, International ...
Constituents livid as Zanu MP unseen in yearsSat, 17 Jun 2017 11:49:00 GMT
Redcliff is amongst the country poorest urban constituencies. With a population of over 30 000 inhabitants, Redcliff, the once vibrant town which relied mostly on Zisco Steel, is now a ghost town. Former Zisco Steel workers who were retrenched last year ...
Global Silicon Electrical Steel Market Size 2017 Industry Trend ...Thu, 15 Jun 2017 00:54:00 GMT
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Parly summons Bimha over Zisco revivalTue, 13 Jun 2017 04:02:00 GMT
Some Zisco employees had their contracts terminated on three months ... has also said government was in the process of vetting six investors who have expressed interest in the steel concern. Mabuwa said invitation of expressions of interest had been ...
Redcliff residents urged to pay water billsSat, 10 Jun 2017 05:27:00 GMT
This has still not yielded any major results as most of the residents are former ZISCO employees who were left jobless after the steel giant crumbled. With no income to pay the bills the residents have resorted to using unprotected water bodies exposing ...
Chinese provinces explore investment opportunities in ZimWed, 10 May 2017 17:08:00 GMT
Apart from Victoria Falls International Airport, Jiangsu province has invested in areas such as iron and steel metallurgy ... The provinces were Hubei, Jiangxi, Shanxi, Anhui, Henan and Hunan. Speaking at the forum, Zimbabwean ambassador to China Mr ...
Tool Steel Market Analysis, Applications Share, Trends, 2017-2024Tue, 09 May 2017 03:16:00 GMT
The research report Tool Steel Market Size, Industry Analysis Report, Regional Outlook (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trend ...
STEEL WEEK IN BRIEF: Quarterly coal still not settled, steel ...Fri, 28 Apr 2017 15:36:00 GMT
South Africa is considering a temporary rebate of the current 10% import duty for certain steel sections, according to the countrys International Trade Administration Commission (Itac). Brazil has launched an anti-dumping probe into imports of welded ...
Ministers endorse corruption at Hwange Colliery CompanySat, 22 Apr 2017 11:17:00 GMT
In the performance of HCCl another Zisco Steel, Mashava and Kamative mines are in the making, dead mining towns brought to their knees by corruption, mismanagement and an uncaring leadership. The community of Hwange with orphans from the 1972 Wankie mine ...
Global And China Galvanized Structure Steel Industry 2017 Market ...Wed, 05 Apr 2017 00:20:00 GMT
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Number of news reports: 20