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Once southern Africa’s largest integrated steel operation, Zisco collapsed under the weight of unrestricted plunder and corruption by Zimbabwe’s elite over a decade ago. ....
news Labour standoff: CFI to fork out US$177 000 The Zimbabwe Independent FIDELITY MHLANGA DIVERSIFIED agro concern, CFI holdings will have to pay US$177 408 in outstanding benefits and salaries to one of its former workers after losing its case at the Labour Court. In 2012 the Supreme Court annulled the suspension from employment of CFI employee Andrew Mashaya after he was suspended in April 2003. Instead of reinstating him, CFI retired Mashaya before paying him salaries and benefits for the period 2009 to the time he was retired. At that time there was no issue about benefits and salaries as they were paid in United States dollars at a time the country had dollarised. ....