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Mliswa Tells Govt To Shelve Plans To Reopen ZISCO Steel, Says Invest In Viable Projects Instead

6 years agoTue, 06 Mar 2018 12:37:41 GMT
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Mliswa Tells Govt To Shelve Plans To Reopen ZISCO Steel, Says Invest In Viable Projects Instead

Norton legislator and chairperson of the Parliamentary Portfolio Committee on Mines and Energy, Temba Mliswa, has called on the government to invest in viable projects instead of trying to resuscitate the Zimbabwe Iron and Steel Company (ZISCO steel). The resuscitation needs $1 billion. Speaking at the Zimbabwe Trade and Investment Conference and Expo 2018 in Harare, Mliswa said,

One Billion dollars is the money required for Ziscosteel to re-open, but that money is enough to build a new company instead…In 50 years should we still be talking about steel and coal or the green revolution that is there now?

How can the government invest a Billion dollars in Ziscosteel, which is still using coal for energy which in 50 years will run out?

The government cannot do everything when they do they cannot do it properly, why not let the people do the business.

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