Industry News

Zimbabwe aims for top spot in carbon steel production

Views : 242
Update time : 2023-01-31 19:41:23
ZIMBABWE is now on a sustainable economic growth path following a number of interventions and is set to become one of the top carbon steel producers in sub-Saharan Africa in the next three years on the back of game-changing investments by wealthy global investors, Finance and Economic Development Minister Professor Mthuli Ncube has said.

Speaking in an interview with CNBC Africa on the sidelines of the recent World Economic Forum (WEF) held in Davos, Switzerland, Prof Ncube said Zimbabwe and the rest of Africa deserved special treatment in global economic affairs because of the various endowments available mainly in the mining sector and human resources, due to a generally young population.

He said in Zimbabwe, more investors continued to enquire about opportunities they could take up in mining, agriculture and tourism, among others.
Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern