Govt identifies Zisco partner
Government has identified a new investor to revive operations at Zisco after the $750 million deal with an Indian conglomerate, Essar Global collapsed in 2015.
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Government has identified a new investor to revive operations at Zisco after the $750 million deal with an Indian conglomerate, Essar Global collapsed in 2015.
An Indian investor has pulled out of the Zimbabwe Iron and Steel Company (Zisco) and stopped engagement with government on the planned revival of the Redcliff-based steel producer due to complications involving the steel-maker’s global debts, the Financial Gazette has learnt.