HARARE – Essar Africa Holdings (Essar) owned iron processor NewZim Steel – formerly Zisco Steel – plans to retrench once it resumes operations. The Redcliff-based steel maker, with a 3 000 workforce and has been dormant for more than five years, was acquired by the Indian group in 2011 in a $750 million deal. Abigail…
NewZim Steel to retrench
