Zisco – newzimbabwevision

Prof Welshman Ncube Blamed For Zisco Deal Collapse . . . ‘Indian Investor Was Broke’-Says Speaker Of Parliament.

Posted on July 5, 2016 by newzimbabwevision

FORMER Industry and Commerce Minister Professor Welshman Ncube “misled” the Inclusive Government into signing the collapsed $750 million Essar Africa Holdings’ Ziscosteel deal without doing due diligence on the capacity of the investor, the Speaker of Parliament, Advocate Jacob Mudenda, has said. Zisco ceased operations in 2008 due to choking financial constraints and its re-opening has had many false starts in the past four years. Under the $750 million deal, Essar was supposed…

‘Zanu PF UK Chapter Consols Workers Who Lost Their Jobs’: Supreme Court Ruling

Posted on August 17, 2015 by newzimbabwevision

Zanu PF United Kingdom Chapter has consoled the over 20 000 workers who lost their jobs after the Supreme Court of July 17 ruled in favour of Zuva Petroleum granting the company permission to fire workers at three months notice. In its FaceBook post the Zanu PF UK said workers take heart. “The Labour Amendment bill which was gazetted on Friday obligates the employer who heartlessly threw you on the street without even the 3…