HARARE – Zimasco (Private) Limited (Zimasco)’s revival prospects have continued to dim as the company has reportedly failed to secure a $7 million bailout from its major shareholder Sinosteel Africa Corporation (Sinosteel) to finance short-term operations. This also comes as the Midlands-based company’s judicial management process has been mired in fresh controversy amid revelations that it…
Sinosteel dumps Zimasco?
