Zimbabwe Institute of Foundries plans $15M retooling, Dinson Iron & Steel completes $1.5B steel plant creating 6,600 jobs and reducing import reliance.
Zimbabwe Institute of Foundries (ZIF) plans to raise $15M to retool foundries, cutting import bill & benefiting automotive industry; sector previously employed 30,000+ people. ZIF also calls for scrap metal industry regulation due to infrastructure vandalism. Dinson Iron & Steel Company completes $1.5B steel plant in Manhize, set to create 6,000 direct jobs & reduce Zimbabwe's steel import reliance.
February 25, 2024
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