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Advocate Thabani Mpofu wins at the Supreme Court again

The Supreme Court has dismissed an appeal by the Zimbabwe Revenue Authority (Zimra) in a long-running legal battle over whether ferrochrome producer Zimasco (Pvt) Ltd is liable to pay mining royalties on chrome ore concentrates and ferroch…

Published: 11 Sep 2025 at 16:11hrs | 102 | by Staff reporter

Zimasco worker dies in chrome ore accident

A tragic accident occurred this morning at Zimasco's Kwekwe Division, one of Zimbabwe's leading ferro-chrome mining operations, when a CAT tipper operator was buried underneath a large pile of chrome ore at the West Plant.Fellow workers ac…

Published: 28 Jun 2025 at 14:58hrs | 257 | by Staff reporter

Zimasco hostile takeover saga takes new twist

The ownership dispute involving Zimbabwe's largest chrome mining and smelting company, Zimasco, has taken a decisive turn after the Supreme Court dismissed an appeal against a High Court interdict that barred lawyer Wilson Manase from oper…

Published: 13 May 2025 at 15:57hrs | 558 | by Staff reporter

Judge faces serious allegations of attempting to defraud Zimasco

Zimbabwe Alloys and Smelting Company (ZIMASCO) has formally lodged a complaint with the Judicial Services Commission (JSC) against High Court Judge Joel Mambara, alleging judicial misconduct in a case involving control of the chromite mini…

Published: 28 Mar 2025 at 12:28hrs | 2739 | by Staff reporter

Zimasco placed under corporate rescue

Zimasco, one of Zimbabwe's largest ferrochrome producers, has been placed under corporate rescue following court filings by controversial businessman Shepherd Tundiya, who claims the company owes creditors over US$77 million.Tundiya allege…

Published: 17 Mar 2025 at 11:00hrs | 875 | by Staff reporter

Zimasco switches off 4 of its 6 furnaces

Ferrochrome producer, Zimasco has switched off four of its six furnaces at the Kwekwe plant owing to several challenges chief among them high power charges.The company is operating with two furnaces which were recently refurbished and cons…

Published: 27 Nov 2023 at 04:53hrs | 13 | by Staff reporter

Zimasco readies to commence production

KWEKWE-based ferrochrome producer, Zimasco, is in the process of switching on three of its furnaces as it seeks to resume operations.The ferrochrome producer switched off its Kwekwe plant in November last year following a standoff between …

Published: 01 Feb 2023 at 07:42hrs | 12 | 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 investment will also involve the refurbishment of two fu…

Published: 01 Sep 2022 at 06:29hrs | 5 | 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, company spokesperson has said. This com…

Published: 22 Sep 2021 at 06:00hrs | 8 | by Staff reporter

US$7 million Zesa debt hampers Zimasco operations

KWEKWE-based ferrochrome producer, Zimasco's plans to commence production on its Western Plant have hit a snag amid reports that the company has to first clear a US$7 million debt to the power utility, Zesa.The debt arrears were reportedly…

Published: 21 May 2021 at 05:58hrs | 9 | by Staff reporter

The death of Zimbabwean economic giants

The market landscape of any country is shaped by a few companies that underpin socio-economic activities of that particular nation. These companies are mirrored on the competitive advantages that the country has over its peers regionally o…

Published: 01 Feb 2019 at 14:16hrs | 5 | by Victor Bhoroma

'Charamba in road accident' - WhatsApp update

Please note that Bulawayo24 does not edit WhatsApp updates. We publish them as sent by our readers and we do not disclose the sender's telephone number.[05:19, 2/13/2017] +263 7* *** ****: Accident along Mvurwi-Mtorashanga highway yesterda…

Published: 13 Feb 2017 at 07:39hrs | 55 | by Concerned Citizen

Zimasco to increase production by 2012

Zimbabwe Mining and Smelting (Zimasco), a Unit of Sinosteel Corp will increase its ferrochrome output by more than a quarter by 2012 following the repair and upgrade of one of its six furnaces, an official said on Monday.Sinosteel, which o…

Published: 26 Jul 2011 at 04:49hrs | 3 | by Moyo Roy

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