ZISCO privatisation deal faces collapse

WASHINGTON DC — Workers at New Zimbabwe Steel Limited say they have been abandoned by the government and management of Indian steel manufacturing giant, Essar Africa Holdings, which signed a $750 million deal with the government in 2011 to revive ...

Stephen Matsaira is a former defender who played left back for Tanganda, Shabanie Mine, Zisco Steel and Lancashire Steel in his 20 years of playing soccer. These are his best of choices. It has to be Shabanie Mine, where I played alongside James ...

AFRICAN countries have often been accused of turning conferences into talk shops which fail to come up with meaningful policy proposals and resolutions to tackle the myriad of problems bedevilling the continent, including poverty, disease and human ...

That China has emerged as a global economic powerhouse in the aftermath of the global financial crisis cannot be disputed. In fact, it is credited as having been the key driver of global economic growth, in a period where the western economic ...

The Zimbabwe Multi-Donor Trust Fund (ZimFund) launched the physical implementation of the sub-transmission component of the Emergency Power Infrastructure Rehabilitation Project (EPIRP) by hosting a kick-off meeting at the African Development Bank ...

The Botswana government is believed to have been cheated out of millions of Pula through a Zimbabwe government sponsored sanction busting strategy that involved setting up companies that siphoned money out of Botswana through transfer pricing, tax ...

Zimbabwes steel industry has been dealt a serious blow after the closure of 17 companies in the last year, with the worsening investment climate said to be further straining the situation. According to Engineering Iron and Steel Association ...

Dynamos were leading Highlanders 1-0, Ali Cassims 29th minute header having thrust them ahead in a Buddie Premier League game at Barbourfields Stadium on July 17, 2005, when Collen Nyambiya struck at the Mpilo end for what later ended in a 1-1 draw.

Local Government Minister, Ignatius Chombo has issued a directive barring the Kwekwe City Council from disconnecting water supplies to NewZim Steel, formerly ZISCO, over an unpaid $10 million debt dating back to 2009. The local authority, led by ...