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SA firms envy Zimbabwe's Manhize plant impact
The neighbouring South Africa's steel industry is worrying and strategizing over the impact to their local industry brought in by Dinston Iron and Steel Company in Zimbabwe's Manhize area with experts...Published: 06 Dec 2024 at 13:03hrs | 4917 | by Staff reporter
South African commentator downplays Zimbabwe's giant steel plant's capabilities?
'It will just add to surplus capacity in the region, and the only way to safeguard against the commodity trade is to start adding value to the steel product itself' – Charles Dednam, South African I...Published: 01 Dec 2024 at 07:33hrs | 3454 | by Staff reporter
Chinese Steel Plant: Zimbabwe's economic boon
Zimbabwe is aiming to be home to Africa's largest steel plant, but disputes over the project continue even as it ramps up production.Over the past few months, villagers have been accusing the ...Published: 31 Oct 2024 at 06:53hrs | 7942 | by Staff reporter
ZimAlloys resumes chrome smelting
ZimAlloys, a ferrochrome producer based in Gweru, has restarted its chrome smelting operations after an 11-year break, thanks to a US$7 million investment from Kuvimba Mining House. The company's revi...Published: 18 Oct 2024 at 08:37hrs | 184 | by Staff reporter
The Chinese-owned Dinson invests over US$2 billion in Zimbabwe
The Chinese-owned Dinson Iron and Steel Company (Disco), the anchor industry for the Manhize Industrial Park near Mvuma in Zimbabwe's Midlands province, has invested more than US$2 billion in the coun...Published: 15 Oct 2024 at 18:38hrs | 3181 | by Staff reporter
Chinese mining giant invests US$3.6 bn in Beitbridge venture
A groundbreaking US$3.6 billion energy industrial park is set to transform Beitbridge following a collaboration between the Government of Zimbabwe, Chinese mining firm Palm River Energy, and the Metal...Published: 07 Oct 2024 at 07:56hrs | 1349 | by Staff reporter
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 245 | by Staff reporter
Most Popular Luxury Watch Brands in 2024
Luxury watches have long been revered as the epitome of craftsmanship, innovation, and style. For enthusiasts and collectors, they represent more than just a means to tell time - they symbolize status...Published: 19 Aug 2024 at 17:00hrs | 208 | by Staff Reporter
Dinson switches on limestone plant in Zimbabwe
The Dinson Iron and Steel Company (Disco) has activated its limestone production unit in preparation for the commencement of operations at the US$1.5 billion iron and steel plant starting today in Man...Published: 24 May 2024 at 08:32hrs | 11 | by Staff reporter
Manhize steel Plant to start production
THE majority of critical infrastructure at the US$1,5 billion Dinson Iron and Steel Company (Disco) steel plant in Manhize near Mvuma in the Midlands province has been successfully installed with the ...Published: 07 Mar 2024 at 05:04hrs | 1 | by Staff reporter
Disco's US$1,5 billion steel plant complete
CONSTRUCTION of the US$1,5 billion steel plant in Manhize near Mvuma is complete, with the project tentatively set for commissioning on June 10 this year.The plant, which is touted to be Afric...Published: 25 Feb 2024 at 07:06hrs | | by Staff reporter
Dinson set to open Zimbabwe steelworks next month
Dinson Iron and Steel Company (Disco) located near Mvuma in Manhize is set to be inaugurated next month, as announced by Minister of Veterans of the Liberation Struggle Affairs, Ambassador Christopher...Published: 03 Nov 2023 at 05:35hrs | 10 | by Staff reporter
Zimbabwe's iron and steel sector to create 40 000 jobs
The Dinson Iron and Steel Company (Disco) steelworks, valued at US$1.5 billion, situated near Mvuma in the Midlands province, is set to create nearly 40,000 new jobs, both directly and in downstream i...Published: 22 Oct 2023 at 09:10hrs | 2 | by Staff reporter
Dinson Iron and Steel Company project reaches 70% completion
Dinson Iron and Steel Company (Disco) is confident that the US$1,5 billion steel plant being constructed in Mvuma will be completed this year as the project has reached 70 percent completion. ...Published: 23 Jun 2023 at 06:29hrs | 3 | by Staff reporter
Dinson Iron and Steel Company seeks partners for Manhize-Beira rail project
PLANS are at an advanced stage for the construction of a dedicated railway line to connect the US$1,5 billion Dinson Iron and Steel Company (Disco) Manhize plant to Beira in Mozambique, which will enh...Published: 22 Jun 2023 at 06:36hrs | 1 | by Staff reporter
New city for 30 000 residents on the cards in Zimbabwe
GOVERNMENT has approved a plan for the development of a new town between Mvuma-Chivhu and Manhize in the Midlands province amid growing interest from industrialists, banks, and other service providers...Published: 19 Jun 2023 at 06:45hrs | 29 | by Staff reporter
Refrigerator features to look out for in 2023
Buying a refrigerator might seem like an easy task, but in reality, it needs a lot of planning and consideration. It is a significant expense and you do not want to end up with an ...Published: 12 May 2023 at 14:56hrs | 4 | by Staff Reporter
Chinese steel plant now 60% complete
THE US$1,5 billion steel plant being constructed in Mvuma, 200km south of Harare, by the Chinese giant, Dinson Iron and Steel Company (Disco), is now 60% complete, NewsDay Business heard yesterday....Published: 26 Apr 2023 at 06:31hrs | 2 | by Staff reporter
Negative reporting by SA media on new Chinese steel plant in Zimbabwe starts
Workers building the $1bn steel plant for the Chinese-owned Dinson Iron & Steel Company (Disco) claim they are exploited, forced to work in inhumane conditions, and sleep crammed eight to a small ...Published: 12 Feb 2023 at 07:39hrs | | by Staff reporter
Chinese firm to manufacture lithium batteries in Zimbabwe
CHINESE steel manufacturer Dinson Iron and Steel Company (DISCO) says it intends to locally produce lithium-ion batteries as Zimbabwe has all the raw materials required in the production process....Published: 08 Jan 2023 at 09:30hrs | 7 | by Staff reporter
Zimbabwe warms up to more investments from China
Zimbabwe stands ready to welcome more investments from China across all sectors of the economy as Harare accelerates a sustainable and mutually beneficial modernisation and industrialisation of the tw...Published: 25 Nov 2022 at 05:05hrs | 7 | by Staff reporter
Ramaphosa denies knowing his tender tycoon nephew
"I don't even know this gentleman."With these words, President Cyril Ramaphosa has, for the first time, denied knowing Hangwani Morgan Maumela, his nephew from a previous marriage, who scored ...Published: 04 Nov 2022 at 05:41hrs | | by Staff reporter
ZETDC begins work on power line for largest steel plant
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has embarked on a topographic survey to determine the route along which the 100km transmission line from Sherwood sub-station in ...Published: 26 Oct 2022 at 05:52hrs | | by Staff reporter
Mvuma steel plant 40% complete
A CHINESE stainless-steel firm constructing a US$1,5 billion plant near Mvuma says 40% of the project has been completed.An official said Dinson Iron and Steel Company (Disco) would begin prod...Published: 21 Sep 2022 at 06:03hrs | | by Staff reporter
ZIMASCO starts building two new furnaces
ZIMASCO, a unit of China's Sinosteel, has started building two new furnaces at the Kwekwe complex as it targets to raise capacity by 40 percent, a spokesperson said.The US$35 million investmen...Published: 01 Sep 2022 at 06:29hrs | 1 | by Staff reporter
UK firm discovers nickel in Bulawayo
United Kingdom-based Galileo Resources has announced the discovery of potential nickel targets at its Bulawayo gold project following the recently conducted airborne geophysical survey on its two excl...Published: 01 Sep 2022 at 06:29hrs | | by Staff reporter
Illegal miners threaten railway tracks
SMALL-scale chrome miners have invaded Mapanzure area in Zvishavane, Midlands Province, where they are conducting illegal mining activities along the Gweru-Zvishavane railway line, amid growing fears ...Published: 10 Aug 2022 at 06:31hrs | 1 | by Staff reporter
NRZ, Disco in talks on 50-km line to steel project
National Railways of Zimbabwe (NRZ) and Dinson Iron and Steel Company (Disco) are in talks to construct a 50-kilometre railway line from Mvuma to the US$1 billion steel plant in Manhize, Chivhu....Published: 12 Jun 2022 at 08:25hrs | | by Staff reporter
Chinese firm to breathe life into Zimbabwe steel sector
THE chief executive officer (CEO) of Tsingshan Investments Zimbabwe revealed this week how his firm has located immense opportunities in Zimbabwe, where it plans to weave around a string of corporate ...Published: 06 May 2022 at 19:26hrs | 9 | by Staff reporter
New dedicated railway line for US$1bn steel project
A NEW dedicated railway line will be established to connect the US$1 billion stainless steel plant in Mvuma to a new port in Mozambique to move exports on time and in quantity.The venture ...Published: 08 Mar 2022 at 05:39hrs | | by Staff reporter
Chinese firm bails out Zesa
CHINESE steel giant, Tsingshan Limited will soon release US$60 million to Zesa Holdings for the construction of a power transmission line from Kwekwe to Mvuma.This comes after the Chinese comp...Published: 07 Jan 2022 at 19:39hrs | 8 | by Staff reporter
Zimbabwe the new Cold War front
ON February 5, 2018 United States President Donald Trump wrote to the US Congress that he was extending sanctions on Zimbabwe by another year. This year President Joe Biden did the same.The gi...Published: 31 Oct 2021 at 08:28hrs | 13 | by Nevanji Madanhire
Giant steel plant roars to life… US$1bn funding secured
Afrochine Smelting - a subsidiary of the world's largest stainless steel producer Tsingshan Holdings - has secured the US$1 billion needed for the first phase of the project to establish a steel plant...Published: 17 Oct 2021 at 08:54hrs | | by Staff reporter
Villagers celebrate deaths of 6 Chinese at Zimbabwe mine
VILLAGERS from around SAS Mine in Mazowe where two gas explosions claimed eight lives have expressed joy following the death of six Chinese nationals who were managers at the site.SAS Mine is ...Published: 09 Oct 2021 at 07:25hrs | 1 | by Staff reporter
Zimasco completes feasibility study for Mberengwa furnaces
ZIMASCO, a local ferro-chrome producer owned by China's Sinosteel, has completed a feasibility study for the construction of furnaces in Neta, Mberengwa District, where it intends to build new mines, ...Published: 22 Sep 2021 at 06:00hrs | 5 | by Staff reporter
Mnangagwa govt's fake mega-deals raised false hopes
IN the run-up to the 30 July 2018 elections, President Emmerson Mnangagwa repeatedly claimed that Zimbabwe had attracted investment commitments amounting to over US$16 billion since he took over power...Published: 18 Sep 2021 at 19:38hrs | 3 | by Staff reporter
Reasons for buying a stainless steel wall shelf
Previously, stainless steel furniture could only be found in kindergarten kitchens or school canteens. Today, such furnishings are widely used both for equipping a professional kitchen area in various...Published: 02 Sep 2021 at 19:02hrs | 5 | by Staff Writer
Chinese mining giant starts coking coal production in Zimbabwe
Zimbabwe's ambitious value addition got a boost yesterday after Dinson Colliery Company had its successful first production of coking coal at its Hwange plant.The company, which is a subsidiar...Published: 02 Jun 2021 at 07:03hrs | | by Staff reporter
Global giant fires Hwange furnaces
CHINESE global investor, Tsingshan Holding Group, has started construction of its second 150 000-tonne coke battery in Hwange, Matabeleland North Province, following completion last month of the first...Published: 13 May 2021 at 06:41hrs | 8 | by Staff reporter
Stanbic resuscitates Sally Mugabe Hospital maternity theatre
Leading financial services institution, Stanbic Bank has purchased equipment to resuscitate operating procedures in theatre number 1 at the maternity wing, and also refurbished its recovery room at Sa...Published: 27 Apr 2021 at 10:16hrs | | by Agencies
UK firm in talks with Chinese steel giant for Hwange coking coal deal
CONTANGO, the London-listed resources company, is in talks with Afrochine for the supply of coking coal to be produced at Contango's Lubu project in Hwange.A statement by Contango says it is i...Published: 01 Apr 2021 at 07:21hrs | 5 | by Staff reporter
Rains to drive Zimbabwe exports rebound
ZIMBABWE has been projected to narrow its trade balance in 2021 owing to better yields in the current agricultural season following a good rainfall season.According to a report by IH Securitie...Published: 21 Feb 2021 at 07:05hrs | | by Staff reporter
US$300m for Beitbridge Border Post upgrade
THE ZimBorders Consortium has secured nearly US$300 million for the upgrade and modernisation of Beitbridge Border Post, the country's busiest inland port of entry and one of the region's key transit ...Published: 03 Dec 2020 at 06:33hrs | 1 | by Staff reporter
Covid-19 virus 'survives on phones and cash for 28 days'
The virus responsible for Covid-19 can remain infectious on surfaces such as banknotes, phone screens and stainless steel for 28 days, researchers say.The findings from Australia's national sc...Published: 11 Oct 2020 at 17:34hrs | 5 | by BBC
Tensions flare over Chinese miners in the Midlands
Mounds of black chrome shimmer along the highway that runs through this area, as mine workers labour near heavy machinery marked with Chinese writing.The workers toil about 5km from the road, ...Published: 30 Aug 2020 at 10:43hrs | | by Staff reporter
Zimbabwe pins hope on oil findings
Zimbabwe may start producing its own diesel and petrol within the next 10 years following encouraging exploration findings by Australian company, Invictus Energy, in the Muzarabani area, a Cabinet min...Published: 04 Jun 2019 at 07:04hrs | | by Staff reporter
Mnangagwa demands end to bureaucracy
PRESIDENT Mnangagwa on Friday demanded an immediate end to bureaucracy by companies and individuals against foreign investors as the country witnesses unprecedented investor interest in the mining sec...Published: 02 Jun 2019 at 08:17hrs | 2 | by Staff reporter
Mnangagwa has little to show for $27bn
When Emmerson Mnangagwa took over the leadership of Zimbabwe from Robert Mugabe in November 2017, he promised to revive the moribund economy and adopted a mantra he's repeated regularly ever since —...Published: 22 May 2019 at 10:44hrs | 2 | by Bloomberg
Zimbabwe's US$1 billion steel project kicks off
ONE of the world's largest stainless steel producers, Chinese company Tsingshan Holding Group, has begun work on setting up of the US$1 billion steel plant in the country that will eventually produce ...Published: 12 Apr 2019 at 09:15hrs | | by Staff reporter
Government amends Private Voluntary Organisations Act
GOVERNMENT has resolved to amend the Private Voluntary Organisations Act (Chapter 17:05) to ensure that it complies with the requirements of the Financial Action Task Force for combating money launder...Published: 15 Mar 2019 at 05:56hrs | | by Staff reporter
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