Africa: Essar Africa Team Expected Tomorrow

A five-member delegation from Essar Africa is expected at New Zimbabwe Steel, formerly Ziscosteel, tomorrow as part of efforts to resume operations at the giant steelmaker, taken over by the Indian company in 2011.

Despite Government and the Indian company signing a US$750 million agreement for the takeover of the company, disagreements over the control of iron ore reserves have hampered implementation of the deal.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.