Foundries engage banks to raise US$15m for retooling
The number of companies operating in the profitable steel recycling sector has increased as a result of the increased demand for steel.
By Freeman Makopa
Feb. 23, 2024
Foundries require US$50m for retooling
ZIF chief operations officer Dosman Mangisi told Standardbusiness that retooling the sector will help cut the import bill.
By Freeman Makopa
May. 21, 2023
‘Zim loses US$1,5m/yr to scrap metal smuggling’
Steel manufacturers which depend on scrap metal as a raw material used to flourish in the country, but during the past 10 years, hundreds of businesses nationwide have closed.
By Freeman Makopa
May. 15, 2023
Steel manufacturing industry bullish
Zimbabwe used to have a thriving manufacturing sector during the time ZiscoSteel, Zimasco, Zimcast and Zimalloys were at their peak.
By Emmanuel Mpofu
Apr. 30, 2023
Zesa losing eight transformers weekly
The destruction could explain why rolling blackouts have returned to haunt both domestic and industrial consumers.
By Mthandazo Nyoni
Nov. 17, 2022
