Zimbabwe: 70 Percent of Zisco Machinery Needs Replacement, Bimha

ZISCOSTEEL'S return to full functionality may take longer than anticipated with Industry and Commerce Minister Mike Bimha revealing that 70 percent of the machinery and equipment at the company is obsolete and needs a complete overhaul.

The Redcliff-based firm, once the largest integrated steel maker in sub-Saharan Africa outside South Africa, has been comatose after being run down by poor management and alleged plunder by politicians.

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