THE Zimbabwe Iron and Steel Company is locked in negotiations that could see the troubled steel company secure $10 billion required to boost production as well as bring to an end its working capital ...

The much-hyped takeover of the Zimbabwe Iron and Steel Company (Zisco) by Kuvimba Mining House has failed to change the fortunes of the steelmaker amid allegations that the firm linked to businessman ...

THE Ziscosteel scandal, which involves looting of public resources by politicians and top management of the company, deepened this week as it became evident that a number of ministers were involved.

Essar today said it has completed the acquisition of Zimbabwe Iron and Steel Company (ZISCO) with a commitment of $750 million (over Rs 3,300 crore) and would take over all liabilities of the company ...

Harare - Zimbabwe has received five bids, including new offers from ArcelorMittal SA [JSE:ACL] and Jindal Steel and Power of India, for the takeover of steel maker Zisco, state media reported on ...

A clerk stormed into the September hearing of the industry and international trade portfolio committee, which was gathering evidence about corruption at the state-run Zimbabwe Iron and Steel Company ...

ArcelorMittal South Africa confirmed yesterday it had not submitted a fresh bid for Zisco, the Zimbabwean state-owned iron and steel group, but said this should not be seen as a sign South Africa's ...

KWEKWE, Zimbabwe, Aug 3 (Reuters) - Indian conglomerate Essar plans to spend up to $4 billion constructing a plant to process iron ore from Zimbabwe's Mwanesi resource within the next five years, ...

New Delhi: Essar on Wednesday said it has completed the acquisition of Zimbabwe Iron and Steel Company (ZISCO) with a commitment of $750 million (over Rs3,300 crore) and would take over all ...

The Essar Group will take over Zimbabwe's state-owned Zisco Steel in a $750-million deal to revive production at the defunct firm that was once one of Africa's largest producers, Industry Minister ...