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Time to act on Essar deal

HARARE – Govevrnment’s threats this week to cancel Essar Africa’s licence to establish a 600 megawatt (MW) thermal power plant after the company failed to commence the project shows government’s ineptitude. Essar, the African unit of India’s Essar Group in November 2010 agreed to buy 54 percent in the country’s collapsed steel giant, Ziscosteel (now…

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