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ZISCOSTEEL’S US$255 MILLION DEAL CANCELLED – NewsdzeZimbabwe
THE deal between defunct steel giant Ziscosteel and ZimCoke, has been cancelled with immediate effect, acting Ziscosteel board chair, Engin…
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skip to sidebarMonday, September 14, 2020
NewsdzeZimbabwe
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THE deal between defunct steel giant Ziscosteel and
ZimCoke, has been cancelled with immediate effect, acting Ziscosteel board
chair, Engineer Martin Manuhwa, has said.
ZimCoke was set to take over a coke oven within the defunct
Ziscosteel in a $255 million deal, which was viewed as the first step towards
revitalisation of the steel giant.
The two companies signed an agreement of sale in 2017 when
ZimCo…
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