The Mutapa Investment Fund (MIF) has finalized a $455 million concession agreement with Indian conglomerate Jindal Steel and Power Company for the rehabilitation of Units 1 to 6 at Hwange Thermal Powe...
By Staff reporter | Published: 17 July 2025
Parliament has called for swift amendments to Zimbabwe's antiquated Iron and Steel Act of 1942, warning that the outdated legislation is stifling the country's steel industry, undermining export compe...
By Staff reporter | Published: 26 June 2025
A towering blaze tore through the Steelworks Industrial area in Bulawayo on Thursday afternoon, destroying property estimated to be worth millions of dollars and leaving a trail of devastation.The inf...
By Staff reporter | Published: 24 June 2025
Zimbabwe's steel industry is poised for a major revival following the Government's recent introduction of import licensing requirements for specific steel products. Industry stakeholders have welcomed...
By Staff reporter | Published: 18 May 2025
Dinson Iron and Steel Company (DISCO) Chief Executive Officer, Takana Xu, has called on Zimbabwean industries to stop importing steel and instead support local production, saying the country is now ca...
By Staff reporter | Published: 10 May 2025
Zimbabwe's steel industry is set for a significant revival as the Zimbabwe Iron and Steel Company (Zisco) collaborates with Dinson Iron & Steel Company to drive growth and development in the secto...
By Staff reporter | Published: 10 May 2025
Years after pledging to revive the defunct ZISCO Steel, the Zimbabwean government is still grappling to present a clear, actionable plan for restoring the once-iconic steel manufacturer to its former ...
By Staff reporter | Published: 09 May 2025
The Zimbabwean government has introduced new restrictions on the importation of specific steel products, requiring importers to obtain licences before bringing them into the country, in a move designe...
By Staff reporter | Published: 02 May 2025
Zimbabwe has taken a major step toward economic transformation and self-sufficiency with the launch of full-scale finished steel production at the Dinson Iron and Steel Company (Disco) plant in Manhiz...
By Staff reporter | Published: 17 April 2025
DEFUNCT steel manufacturer, Ziscosteel, is set to get a new board of directors after Government retired the entire old board that had been in office for more than a decade. Industry and Commerce Minis...
By Staff reporter | Published: 14 June 2019
A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...
By Staff reporter | Published: 03 May 2019
China's Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe's Mines Minister Winston Chitando said on Tuesday.Presi...
By Reuters | Published: 24 April 2019
A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...
By Staff reporter | Published: 24 April 2019
GOVERNMENT yesterday signed an investment deal worth more than $5 billion with a Chinese steel manufacturing giant, Tsingshan, for the setting up of a new steel plant in Mvuma and to bankroll a number...
By Staff reporter | Published: 24 April 2019
Steelmakers Zimbabwe (Private) Limited in Redcliff, Kwekwe is being sued over a debt owed to an oxygen cylinder supplier.This comes after the two parties signed a deal in early 2016 which later collap...
By Staff reporter | Published: 30 September 2018
Government yesterday signed a special coal mining grant with iron and steel company Steelmakers that will allow the firm to invest $120 million on expanding its production. With iron and steel plants ...
By Staff reporter | Published: 25 July 2018
President Emmerson Mnangagwa says the re-opening and expansion of a steel plant in Masvingo will promote value addition and create employment.He said in Harare this evening during at a signing ceremon...
By Staff reporter | Published: 24 July 2018
PARLIAMENT has recommended that the country's rail system should be repaired to enable transportation of coal supplies to companies such as Ziscosteel.This came out in a report on Ziscosteel which was...
By Staff reporter | Published: 15 June 2018
China's unlisted Tsingshan Holding Group on Monday signed a $1 billion outline agreement with Zimbabwe to build a steelmaking plant there after completing a feasibility study.President Emmerson Mnanga...
By Reuters | Published: 12 June 2018
Shareholders of the Zimbabwe Iron and Steel Company (Ziscosteel), will hold an extraordinary general meeting on June 28, to approve a transaction that will see the steelmaker's assets sold to Chinese ...
By Staff reporter | Published: 11 June 2018
Industry and Commerce minister Mike Bimha on Monday commissioned a $12 million steel reinforcement bars plant expected to create employment for 450 people.Steel Brands in New Ardbennie Industrial Are...
By Staff reporter | Published: 04 June 2018
President Mnangagwa has assented to the Zimbabwe Iron and Steel (Debt Assumption) Bill enabling Government to take over its approximately $500 million debt it owes to various local and foreign credito...
By Staff reporter | Published: 30 May 2018
Government is receptive to investment in the steel industry that promotes growth of the small to medium enterprises together with beneficiation and value addition across value chains, Industry, Commer...
By Staff reporter | Published: 29 May 2018
Zimbabwe will begin feasibility studies of stainless steel production in the next two months and agreements to pave the way for this exercise will soon be signed, Mines and Mining Development Minister...
By Staff reporter | Published: 18 May 2018
China's Sinosteel Corporation has agreed to invest $1-billion in Zimbabwe to build a power plant and increase ferrochrome output, the Southern African country's President Emmerson Mnangagwa said on Mo...
By engineeringnews | Published: 15 May 2018
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
