The entire Ziscosteel board has been retired, having been in place for over 10 years.
Industry and Commerce Minister Nqobizitha Mangaliso Ndlovu said that a new board of directors will be appointed soon. He said:
We have retired the entire old board. The new one is expected anytime soon. In fact, I already have the names and am awaiting approval by President Emerson Mnangagwa.
The board has been there for long, more than 10 years. Under normal circumstances, the board was supposed to be in office for two terms of four years, that is a total of eight years in office.
We are actually celebrating their tenure and appreciating their hard work in trying to turn around the fortunes of our great national asset.
There were reports of asset stripping at Ziscosteel as it lay derelict for many years. This was revealed by Midlands Provincial Affairs Minister Larry Mavima during the commissioning of ZimCoke plant.
Minister Ncube said that the retiring of the board is part of the solution. He added that the coming in of ZimCoke will bring with it security for the entire Ziscosteel plant.
More: The Herald
Larry Mavima is the Minister of State for Midlands Province, Chairman at Jacaranda Mining Pvt Ltd Zanu- PF central committee member and former Midlands provincial vice-chairman. Mavima resigned as the National Railways of Zimbabwe’s chairman following his swearing in as Senator for Shurugwi-Zvishavane and appointment... Read More About Larry Mavima
Mangaliso Ndlovu is the Minister of Industry. Read More About Mangaliso Ndlovu
Midlands Province is one of the ten provinces in Zimbabwe. It has an area of 49,166 square kilometres (18,983 sq mi) and a population of 1,614,941 according to the 2012 census.It is home to various peoples. The province also has a blend of Shona, Ndebele,... Read More About Midlands