Zimbabwe News Update
📅 Published: August 16, 2025
📰 Source: expressmail
Curated by AllZimNews.com
📅 Published: August 16, 2025
📰 Source: expressmail
Curated by AllZimNews.com
The minister highlighted that Dinson Iron and Steel Company is among the few firms in Zimbabwe with a fully integrated steel production system, including mining operations, a blast furnace, and an on-site 50-megawatt power generation unit.
This integrated approach has significantly reduced the country’s steel import bill, which previously exceeded US$1 billion annually. “We are now cutting down on our import bill thanks to DISCO’s capacity to produce high-grade steel domestically,” Muswere added.
Wilfred Motsi, Projects Director at Dinson, noted that the company exports its products to regional and international markets, including South Africa, Tanzania, Botswana, and Mozambique.
He also confirmed that DISCO has been granted Special Economic Zone (SEZ) status, which is expected to further boost investment, industrialization, and job creation.
The economic ripple effects of the project are already being felt in nearby Chivhu, where rapid transformation is underway.
The town is seeing the development of new retail complexes, housing schemes, medical centers, and service stations.
At present, DISCO employs 2,000 skilled and unskilled workers, with locals being prioritized.
At full operational capacity, the project is expected to create up to 25,000 direct jobs and 150,000 indirect jobs, marking it as one of the largest industrial ventures in the countryLeave a Reply Cancel reply
Source: Express Mail Zim. 🔗
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