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Steel Industry News - Africa

Latest steel industry headlines

ArcelorMittal to cut 2,000 jobs in South Africa
Wed, 10 Jul 2019 00:00:00 GMT
The group, the world's largest steelmaker, employs a total workforce of 8,800 in South Africa.

ZimCoke to recruit ex-Zisco employees
Wed, 03 Jul 2019 15:02:00 GMT
The company took over a coke oven within Ziscosteel in a $133 million deal viewed as the first steps of the revitalisation of the steel giant. ZimCoke and Zisco signed an agreement of sale in 2017

Museveni calls for equitable trade as China-Africa Expo opens
Thu, 27 Jun 2019 15:32:00 GMT
I am glad that today, we are here opening the first China-Africa Trade Expo in Changsha, Hunan Province of China ... moderate prosperity, all of us benefitted. The price of steel went from US$200 to

Prof Ncube slams debt takeover practice
Wed, 26 Jun 2019 18:52:00 GMT
Mthuli Ncube Professor Ncube said while it had taken longer than anticipated for entities such as national carrier Air Zimbabwe and ex-steel making giant, Zisco, whose suffocating debts the

Prof Ncube slams debt takeover practice
Wed, 26 Jun 2019 15:13:00 GMT
Professor Ncube said while it had taken longer than anticipated for entities such as national carrier Air Zimbabwe and ex-steel making giant, Zisco, whose suffocating debts the Government has

Government retires Ziscosteel board
Thu, 13 Jun 2019 15:39:00 GMT
Defunct Steel manufacturer Ziscosteel ... Midlands Provincial Affairs Minister Larry Mavima decried alleged theft within the parastatal. We all know that Zisco has been closed for a long period now.

Eddie Cross explains why Zimbabwe has electricity crisis and ...
Sat, 08 Jun 2019 21:08:00 GMT
Prior to this development the country had relied on three small coal fired power stations built and located in the main Cities and outside Kwekwe to accommodate the development of Zisco Steel.

The other side of Rhodesias education system
Sat, 25 May 2019 01:33:00 GMT
Although 'academic oriented' youngsters were later incorporated from 'F1' i.e. GCE Ordinary Level graduates, places like Rhodesia Railways, Zisco Steel, Rio Tinto, Shurugwi Chrome Mines

Sasol's shock slump has wiped out billions - but it's not even ...
Thu, 23 May 2019 00:00:00 GMT
Anglo American has completed the sale of its thermal coal operations in South Africa, which supply coal to Eskom, to black-owned mining company Seriti

FULL TEXT: Mthuli Ncube Labeled A Liar In Parliament
Tue, 21 May 2019 22:36:00 GMT
I would not want to start pronouncing on it. All I said when I mentioned the company was in the light of the past to say you had Hwange, NRZ and ZISCO Steel and that was a self reinforcing ecosystem

Kwekwe urges Govt to honour Zisco pledge
Wed, 15 May 2019 15:02:00 GMT
Cash-strapped Kwekwe City Council has called on Government to honour its pledge to pay the Zimbabwe Iron and Steel Company (Zisco)s outstanding water and utility charges amounting to $15 million in

Real Ocean Sounds Keep Me Up; Alexa's Ocean Sounds Put Me to ...
Fri, 03 May 2019 09:55:00 GMT
It did not come out of nowhere, or out of the forest. It was born near a massive plant in Redcliff, Rhodesia (now Redcliff, Zimbabwethe plant back then was called Risco Steel, it's now Zisco Steel).

Government scales up manufacturing industries revival efforts
Wed, 24 Apr 2019 17:18:00 GMT
Formerly the largest integrated steel producer north of the Limpopo, Zisco ceased operations at the height of economic challenges in 2008 resulting in more than 5 000 people losing jobs. Minister

Zimra lifts garnishee order on Zisco
Sun, 21 Apr 2019 15:19:00 GMT
The steel giant, which switched off its fourth and last furnace ... This brings the total Ziscosteel debt to US$494 817 324 million. Ex-Zisco employees chair Mr Abraham Dube said the employees were

Twelfth meeting decisions matrix
Wed, 17 Apr 2019 15:11:00 GMT
Cabinet approved the operationalisation of the agreement between ZISCO Steel and ZimCoke (Pvt) Ltd. The agreement entails the revival and running of the coke oven batteries, which have not been

Wed, 17 Apr 2019 14:23:00 GMT
The Zimbabwe Revenue Authority (ZIMRA) has lifted the garnishee order it imposed on the accounts of the now defunct steelmaker, Ziscosteel bringing relief to the steel company ex- employees who were

Shepco Group plans $2 million capex
Wed, 17 Apr 2019 12:22:00 GMT
Shepco Group chief executive Shepherd Chawira told NewsDay that following the demise of Zisco Steel, they were now struggling to access raw materials. We have invested a lot in trying to retool and

Zimra garnishees Ziscosteel accounts
Thu, 11 Apr 2019 00:20:00 GMT
An Indian steel conglomerate, Essar Global, signed a $750 million deal with Government to resuscitate operations at Zisco but the deal failed to sail through. The

Wed, 10 Apr 2019 17:00:00 GMT
ABOUT 3 850 former Ziscosteel workers and those of its subsidiaries, failed to get their outstanding salaries in March after the Zimbabwe Revenue Authority (Zimra) garnished the former steel giants

The global and technological effect
Fri, 05 Apr 2019 05:18:00 GMT
The deal was for Essar an Indian company to take over operation at Zisco Steel breaking it into two operational companies were it would hold the majority share of around 80% with the government

Number of news reports: 20

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