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Chinese company Dinson Iron and Steel Company is constructing a US$1 billion Manhize Iron and Steel Plant in Mvuma.

ZIF chief operations officer Dosman Mangisi told Standardbusiness that retooling the sector will help cut the import bill.

The Zimbabwe Institute of Foundries (ZIF) says the sector requires about US$50 million for retooling of the existing foundries dotted around the country.Foundri...

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

MINING giant Kuvimba Mining House, appointed by the Government to oversee the resuscitation of ZiscoSteel, is now on the ground following the completion of feasibility studies and the signing of the necessary contracts that should see the injection of US$300 million in new capital to kick start the rebuilding of the steelworks. Mining is expected…

HARARE - President Mnangagwa yesterday met German investors who are set to partner mining and metal giant, Kuvimba Mining House, in the resuscitation of the Zimbabwe Iron and Steel Company (Zisco). In February this year, the Government picked Kuvimba Mining House to lead the revival of the steel firm after a careful consideration of nine…

President Mnangagwa yesterday met German investors who are set to partner mining and metal giant, Kuvimba Mining House, in the resuscitation of the Zimbabwe Iron and Steel Company

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.