Plans to resuscitate ferrochrome producer ZimAlloys have been scuttled as the ongoing legal wrangle between the company's judicial manager and Indian investor Balasore rages on, it has been establishe...
By Staff reporter | Published: 20 June 2019
AT least 229 employees of the now-defunct Gweru- based ferro-chrome producers, ZimAlloys (Pvt) Ltd, have approached the High Court seeking a court order to institute legal proceedings against their pa...
By Staff reporter | Published: 28 May 2018
Zimbabwe Alloys Ltd has appealed the High Court judgment stopping the local ferrochrome producer from terminating the $90 million take-over bid by an Indian firm, Balasore Alloys as the tussle over th...
By Staff reporter | Published: 17 May 2018
Indian firm Balasore Alloys said yesterday the deal to acquire 70 percent shareholding in Zimbabwe Alloys Limited was still on despite claims by judicial manager Reggie Saruchera this week that he had...
By Staff reporter | Published: 11 May 2018
GWERU-based giant ferrochrome producer, Zimbabwe Alloys, judicial managers - Grant Thornton International - has terminated a $100 million investment deal which the chrome smelting company entered with...
By Staff reporter | Published: 06 May 2018
The proposed acquisition of ZimAlloys' 70 percent shareholding by Balasore Alloys of India is hanging in the balance amid revelations that the Bombay Stock Exchange listed company has failed to meet t...
By Staff reporter | Published: 16 March 2018
GWERU-based ferrochrome producer, Zimbabwe Alloys (ZimAlloys), has started exploiting alluvial concentrates, at its claims along the Great Dyke as it seeks to widen its revenue base. Alluvial chrome c...
By Staff reporter | Published: 16 February 2018
There are fears that the Zimbabwe Alloys $100 million deal with Indian Investors Balasore Group could collapse amid indications that one of the Indian investors Pramod Mittal is embroiled in tax scan...
By Staff reporter | Published: 12 February 2018
MIDLANDS-BASED ferrochrome producer, ZimAlloys is set to recruit over 500 workers within the first 18 months of operating under a new investor.ZimAlloys, which was placed under judicial management in ...
By Staff reporter | Published: 02 February 2018
Gweru-based giant ferrochrome producer, Zimbabwe Alloys, under judicial management by Grant Thornton International, is expected to start operating in the next 18 months after its creditors approved a ...
By Staff reporter | Published: 13 December 2017
CREDITORS have approved a $100 million investment deal paving way for the revival of Gweru-based giant ferrochrome producer, Zimbabwe Alloys, an official said.The firm has been on judicial management ...
By Staff reporter | Published: 12 December 2017
GWERU based giant ferrochrome producer, Zimbabwe Alloys, which is under judicial management, will this week meet its creditors after securing a $100 million investment deal with Indian Investor, Balas...
By Staff reporter | Published: 03 December 2017
GWERU-based chrome smelting company Zimbabwe Alloys Pvt Ltd has finally ceded 50 percent of its chrome mining claims to Government in compliance with the Mine and Mining development Ministry's directi...
By Staff reporter | Published: 13 September 2017
ONE of India's leading ferrochrome manufacturers, Balasore Alloys, controlled by the Mittal family, is on the cusp of taking over chrome miner, Zimbabwe Alloys (Zim Alloys), with plans to inject nearl...
By Staff reporter | Published: 07 September 2017
AN unnamed Indian investor will snap up a 70 percent stake in Zimbabwe's second largest ferro-chrome producer Zim-Alloys after judicial manager Reggie Saruchera sealed a deal for a $90 million investm...
By Staff reporter | Published: 09 August 2017
FERROCHROME producer, Zimbabwe Alloys has shortlisted four investors, among them AfroChine Smelting to acquire the majority stake in the company, a source has said.An audit and advisory firm, Grant Th...
By Staff reporter | Published: 14 June 2014
Ferrochrome producer, ZimAlloys on Sunday said it is still searching for partners to inject funds into the company to enable it resume operations.The mining firm ceased operations in 2008 due to lack ...
By New Ziana. | Published: 04 June 2014
Zimbabwe Alloys Limited, (ZimAlloys) has been placed under judicial management and may face liquidation after the ferrochrome producer's debt rose to alarming levels.The latest Government Gazette reve...
By Staff reporter | Published: 18 December 2013
Ferrochrome producer, Zimbabwe Alloys Chrome Limited yesterday said it produced 2 000 metric tonnes of the metal in the first nine months of the year.The mining firm's shareholders this year injected ...
By Staff reporter | Published: 21 October 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
