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*Govt Shortlist 7 Investors For ZISCO* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?kv The government has announced that it has provisionally shortlisted 7 companies to be majority shareholders in the defunct steel manufacturing giant ZISCO Steel, the Chronicle reports. This was revealed by Industry and Commerce Minister Sekesai Nzenza who spoke to the publication and said: ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > We have done our due diligence on seven potential investors from Germany, China and Australia but we still have some from India making inquiries. > Our national steel strategy will be anchored on the revival of Zisco and we are working with all stakeholders such as Zimbabwe Investment and Development Agency to realise this goal, 91% of ZISCO is owned by the government and the other 9% is owned by 6 companies. The steel manufacturing company stopped operations in 2008 due to lack of capital. Many companies have shown interest in recapitalizing the former manufacturing giant but no deal has materialized to this day. More: Chronicle. itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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