Byo industries look up to Zisco revival

Industries in Bulawayo relying on steel products have appealed to government to speedily recapitalise giant steel producer Ziscosteel, to enable them to expand their operations.

The remarks came in the wake of government having said that the steel-producing firm is being revived, with shareholders meeting today to approve the takeover of the company’s $500 million debt by government, paving the way for the sale of its assets to Tian Li (Hong Kong) Limited.

Mealie Brand managing director, Walter Chigwada said they want to expand their production levels, but since the closure of Ziscosteel they are facing challenges in their business.

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