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Govt renegotiates Essar deal

HARARE – Government and Essar Africa Holdings have renegotiated an improved Zimbabwe Iron and Steel Company (Ziscosteel) deal,  providing for a complete overhaul of the company’s equipment that has been lying idle for years. The African unit of India’s Essar Group in November 2011 agreed to buy 54 percent in Ziscosteel in a deal worth…

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