Zisco steel
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Business Briefs
Traditional chiefs perform all-night rituals at Zisco Steel, plead with ancestors
TRADITIONAL leaders from across the Midlands Province on Friday thronged the Ziscosteel plant in Redcliff where they performed rituals. Traditional opaque beer and drum beating as well as dancing characterised the all-night vigil as the traditional leaders performed their rites and dedicated the plant to their ancestors. This comes as Ziscosteel has floated an Expression of Interest (EOI) which has…
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Masiyiwa exposes how political patronage and incompetence sunk ZISCO
Zimbabwean-born businessman and philanthropist Strive Masiyiwa has said his first board appointment was at the now-defunct State-owned Zimbabwe Iron and Steel Company (ZISCO), also known as Ziscosteel. Writing on his Facebook page, Masiyiwa exposes how political patronage and sheer incompetence led to the demise of a company which was once Zimbabwe’s highest foreign currency earner. He wrote: My first board…
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Business Briefs
ZISCO board asks army to protect company from vandalism
ZISCOSTEEL board chairperson Martin Manhuwa has asked government to consider deploying the army and police to protect the Redcliff-based state-owned company from syndicates stripping its machinery and equipment. He made the request during a meeting of the inter-ministerial task force that toured the Ziscosteel plant last week. The task force was led by industry minister Sekai Nzenza. Manhuwa told the…
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