Ziscosteel

By Lovemore Zigara ZISCOSTEEL workers are still to be paid their retrenchment packages six months after the Government terminated their contracts on three months' notice. The Government in August last year terminated contracts of…
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By Phillimon Mhlanga Government has cancelled Indian conglomerate, Essar Africa Holdings’ power generation licences after the company ditched the country due to government bickering over its investment in integrated steel company,…
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Parliament has called on Treasury and the Ministry of Industry and Commerce to expedite the revival of the Zimbabwe Iron and Steel Company (ZiscoSteel). Speaker of Parliament Advocate Jacob Mudenda recently said the nation is expecting a…
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By Patrick Chitumba The Government has ordered Redcliff Municipality to retrench some of its employees or cut their salaries as a condition to approve its proposed $8 million budget for this year. Last year the local authority slashed…
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Ziscosteel — once Africa’s largest steelworks — has retrenched its workers at its Redcliff plant in Kwekwe.
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By Clemence Machadu The documentary convinced me to conclude that Redcliff, home to about 40 000 people, is now a ghost town. The more than 3 500 workers who used to earn regular incomes from the steel giant have been left without…
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By Ndakaziva Majaka Government, through the Industry ministry, is in the process of vetting six investors who have expressed interest in Kwekwe-based steel manufacturer Zimbabwe Iron and Steel Company (Ziscosteel), an official in…
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By Ndakaziva Majaka Industry minister Mike Bimha said government is set to assume Zimbabwe Iron and Steel Company (Ziscosteel)’s over $370 million debt to make the Kwekwe-based steel manufacturer attractive to potential suitors.…
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KWEKWE - Ziscosteel workers are in dire straits after receiving only $100 as payment last year and having gone for more than 5 years without a salary.
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By Munyaradzi Musiiwa Ziscosteel workers have claimed that they are still reporting for duty despite an announcement by Finance and Economic Development Minister, Patrick Chinamasa during his 2016 budget presentation that the steel giant…
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