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Zimbabwe seeks new investors for steel company

Zimbabwe seeks new investors for steel company Reuters > By Reuters - 13 April 2021 - 11:40 Zimbabwe President Emmerson Mnangagwa, under pressure to deliver on his promise of jobs, has anchored a revival of Zimbabwe s economy on boosting output from the mining sector. Image: GETTY IMAGES Zimbabwe s state-controlled iron and steel company ZISCO has invited new investors to help revive operations at the company that has been the target of interest from Indian and Chinese investors in the past, a company document seen by Reuters showed. Essar Africa Holdings, a unit of India’s Essar Group, agreed to invest up to $4 billion in Zimbabwe Iron and Steel Company (ZISCO) in 2011 but the deal collapsed.

Govt Seeks New Investors For ZISCO - NewZimbabwe com

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

Edo varsity VC, Aluyor, bags FAEO excellence award

Share THE Federation of African Engineering Organisations (FAEO) has honoured the vice Chancellor, Edo University Iyamho, Professor Emmanuel Aluyor, for his outstanding excellence in engineering education in Africa. The honour was bestowed on Aluyor at the 2020 General Assembly and Investiture Award ceremony of the organisation held virtually from Ghana because of the COVID-19 pandemic. According to the organisers, the award was aimed at promoting greatness in the engineering profession, chart a positive direction towards the growth of the African engineering organisations and create a platform for members to celebrate distinguished fellows. It is also meant to celebrate engineers across the globe that are friends of Africa for their immense contributions and efforts towards advancing engineering education in Africa as well as the recognition of past presidents and leaders of the association.

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