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The long journey of Zisco revival - Zimbabwe Situation

The long journey of Zisco revival Business Reporter It’s nearly two decades now with the Government trying to resuscitate the Zimbabwe Iron and Steel Company (zisco), which at some stage, was among Africa’s largest steel mills. Since 2006, several offers for zisco were made by global steel giants including Essar Holdings, Jindal Steel & Power and Global Steel Holdings of India, but all collapsed partly due to lengthy approval processes. zisco, a major foreign currency earner before independence in 1980, hasn’t produced since 2008 and its demise is largely blamed on mismanagement and lack of funds to upgrade the aging equipment. The plant had the capacity to produce one million tonnes of steel per year.

Zimbabwe s cartels that are not the real cartels – The Zimbabwe Mail

I JUST read the report by Daily Maverick, that is purporting to expose cartels in Zimbabwe. The problem with the report is it does not include the obvious and leading cartels in Zimbabwe, such as Old Mutual, Innscor, Cassava, Seedco (Limagrain/Monsanto), Anglo America and Delta. This immediately begs one to question the efficacy of this report and why a report on cartels in Zimbabwe, would leave out the well known cartels that control meat, food, sugar, cement, ethanol, banking, horticulture and fuel. The bias is eerily similar to the Kangaroo Court being referred to in South Africa as the State Capture Commission, which in a country where 93% of the wealth sits in the hands of the white criminals who perpetuated the crime against humanity of apartheid expects us to believe that black people who control less than 7% of a shrinking stake of South Africa’s wealth, have somehow become powerful enough to capture the state from the thugs who perpetuated apartheid.

7 investors short-listed for Zisco

7 investors short-listed for Zisco
chronicle.co.zw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chronicle.co.zw Daily Mail and Mail on Sunday newspapers.

Zimbabwe: Seven Investors Short-Listed for Zisco

Zimbabwe: Seven Investors Short-Listed for Zisco
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Seven investors short-listed for Zisco - Zimbabwe Situation

Seven investors short-listed for Zisco - Zimbabwe Situation
zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.

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