Zimasco website ) announced that it will invest US$35Million in new ferrochrome furnaces at its Kwekwe ferrochrome smelting complex. We are proud of this recognition in your sterling efforts at the Chamber of Mines over many years and we wish you and your fellow members of the presidium a… Sep 21, 2024 · In a significant legal victory for Zimbabwe Alloy Smelting Company (ZIMASCO), the High Court has ruled that the Zimbabwe Revenue Authority (ZIMRA) cannot collect mining royalties on chrome ore concentrates and ferrochrome produced by the company prior to January 2022. He has a working career spanning over 20 years holding senior and executive positions in a number of companies including Zim Alloys, Rio Tinto and ZIMASCO. Two of these semi-closed submerged arc furnaces have been operational since Oct 7, 2022 · Zimasco (Pvt) Ltd Board and employees extend our heartiest congratulations to our Chief Executive Officer, Mr. Its operational centres are located in Kwekwe , Shurugwi , Mutorashanga and Harare and has smelting operations at Kwekwe with installed operational capacity to produce 180,000 t. Sinosteel Zimasco (Pvt) Ltd being placed under corporate rescue pursuant to a court order issued by the High Court at the instance of Avim Investments (Pvt) Ltd. Tags : #PointOfInterest, #Establishment Zimasco (Pvt) Ltd Head Office 30 The Chase Emerald Hill Office Park, Emerald Hill, Harare; Info@zimasco. Zimbabwe has 15 ferrochrome operations concentrated mainly in the Midlands Province. Is Zimasco a private or public company? Zimasco is a Private company. Apr 29, 2024 · Zimasco also embarked on a ‘work cycle review’ process as part of implementation of lean management philosophy,” said the official. “Current market dynamics, where global ferrochrome markets have taken a downturn, coupled with the recent increased cost of power, means it makes sense for us to temporarily halt production from our older less efficient furnaces and take the opportunity to carry out essential maintenance on them while negotiations continue towards a Zimasco, in addition to operating its own mines, outsources its mining operations to numerous small-medium scale miners and contractors (largely independent indigenous players) – thereby contributing to local empowerment. 中钢集团公司国际合作部总经理表示，该公司还拥有在未来两年半时间里收购Zimasco其余%股权的选择权。中国中钢集团为中国第二大铁矿石贸易商，仅次于五矿有色金属股份有限公司。 Zimasco为津巴布韦产能最大的铬生产商。 Mar 27, 2025 · The situation escalated when, according to ZIMASCO, Avim Investments, through its legal practitioners Valentine Kwande and Wilson Manase, filed a chamber application for correction of the court Apr 4, 2025 · Is Zimasco Shunfa New Materials a good trading partner for you? View Zimasco Shunfa New Materialss import and export shipments, products, suppliers, buyers, and competitors. May 6, 2019 · HEAD OFFICE: 6th Level, Pegasus Hse, 52 - 54, Samora Machel, Avenue; Home; About us. zw +263 242 251 823/8, +263 242 798211/3 Mar 18, 2021 · Zimasco also allowed its mining contractors to supply chrome ores from Zimasco’s claims to Portnex in the interim period as Zimasco prepared to resume its furnace operations. Learn about Zimasco (Pvt) Ltd Head Office, Mining in Harare, Harare Province Zimbabwe. This decision follows an extensive examination of Zimasco’s tax affairs, particularly concerning the calculation of royalties from 2019 to Jobs in Zimbabwe, Zimbabwe Jobs, NGO jobs in Zimbabwe, VacancyMail Jobs, All Jobs In Zimbabwe, Employment Agencies In Zimbabwe, Vacancymail Zimbabwe, Jobs Classifieds Zimbabwe, ihararejobs. The move was necessitated by increased cost of electricity over cost of the product in the international market where ferrochrome prices have declined. He was to later also occupy the following positions in Zimasco, Corporate Finance Manager (2004-2008), Group Financial Controller (2008-2017), Financial Planning and Analysis (2017 Mar 17, 2025 · The corporate rescue action comes at a time Zimasco has been looking to expand operations, with plans including new furnaces and a 100MW solar plant in Kwekwe. Write a Review for Zimasco (Pvt) Ltd. Feb 2012 - Dec 2014 · 2 years and 10 months. The court’s ruling centred on the failure of Zimasco, recently placed under corporate rescue proceedings, to provide timely notice to the retrenchment board, a mandatory procedural step under the Labour Act. “We have temporarily closed four of our six furnaces and in the meantime we run on two. Sep 20, 2024 · Zimasco sought a declaratory judgment against the Zimbabwe Revenue Authority (ZIMRA), challenging the tax agency's classification of its products as minerals, which would incur mining royalties. Jul 4, 2020 · Zimasco and NRZ entered into the deal early this year after realising that the rail operator was having challenges transporting its ore destined for the export market. Last Wednesday, the High Court granted a corporate rescue order for the Kwekwe-based ferrochrome producer, with Mr Wilson Manase, a veteran lawyer with Jan 28, 2023 · “The resumption of ferrochrome production in Kwekwe is a positive development for the company and means Zimasco’s expected contribution to the country’s target of a US$12 billion mining Sep 24, 2024 · In a landmark ruling, Zimasco has emerged victorious in a legal battle against the Zimbabwe Revenue Authority (Zimra), securing a judgment that absolves the company from paying US$10 million in royalties. Applications are invited from suitably qualified, competent and experienced persons to fill the following position on a renewable fixed-term contract basis. Chrome mining and smelting company based in Mtorashanga, Shurugwi, Kwekwe and headquartered in Harare. v. Legal representatives for Avim Investments, Kwande Legal Practitioners, subsequently sought a court ruling to clarify that Sinosteel Zimasco and Zimasco (Pvt) Ltd were the same entity, sources indicate. S J Chihambakwe, assisted by Ms Nemaramba, for the respondent Oct 4, 2020 · Zimasco’s Kwekwe smelter has an operational capacity of 180 000 tonnes of ferrochrome per year. Zimasco (Pvt) Ltd based in Zimbabwe: Contact Details, Phone Number, Email, Address, Website, Location, Opening Hours. zw +263 242 251 823/8, +263 242 798211/3 Meanwhile the Zimbabwe operating company which had officially changed its name to Zimasco Holdings following the buyout, assumed its current name, Zimasco (Private) Ltd. Overview; Sinosteel Corporation; Management team; Business Operations You can contact Zimasco Kwekwe by phone using number 055 24041. ZimAlloys has since ceded part of its ferrochrome reserves to government as part of the ferrochrome producer’s response to a directive given by government which ordered the country’s two ferrochrome giants Mar 20, 2025 · THE Labour Court has ordered the reinstatement of 140 Zimasco employees who were retrenched in a process deemed irregular due to non-compliance with legal notice requirements. Nuestro compromiso es promover la cultura del diálogo y la conciliación a través de formación especializada y servicios profesionales de mediación, conciliación y dictámen HEAD OFFICE: 6th Level, Pegasus Hse, 52 - 54, Samora Machel, Avenue; Home; About us. Mar 17, 2025 · Zimasco, one of Zimbabwe's largest ferrochrome producers, has been placed under corporate rescue following court filings by controversial businessman Shepherd Tundiya, who claims the company owes Feb 19, 2023 · KWEKWE-based ferrochrome company Zimasco is carrying out feasibility studies with a view of constructing solar and thermal power plants to augment its power supplies from power utility Zesa. Zaballos Instituto de Medios Alternativos de Solución de Controversias (ZIMASCO) es una institución de referencia en mediación y resolución de conflictos en España. Eng. Instantly connect with top decision makers through direct phone, email, and LinkedIn profiles. Zimasco was placed under judicial management in 2016 after failing to service its debts which had ballooned to about $65m in 2015 from about $38m in 2009. ZIMASCO. A Zimasco spokesperson said Portnex's accusations were defamatory. This comes as part of efforts to fully equip frontline workers in the battle against Covid-19. What is the size of Zimasco? Zimasco has 750 total employees. Mar 20, 2025 · THE Labour Court has ordered the reinstatement of 140 Zimasco employees who were retrenched in a process deemed irregular due to non-compliance with legal notice requirements. Today, the company is a significant contributor to ferrochrome production worldwide, and its ongoing operations play an important role in the economy and social well-being of Zimasco Kwekwe is a point of interest, located at 3RPM+XC6, Kwekwe, Zimbabwe. . Zimasco is headquartered in ZW HA. MAYNARD FARAI MARIKANO SUPREME COURT OF ZIMBABWE. He has a rich and diverse working experience in the mining industry. The company insists that Tundiya secured a fresh court order specifically targeting them without their knowledge, prompting them to take immediate legal Mar 24, 2025 · Zimasco’s management reportedly disputed the claim, maintaining that the court order applied only to Sinosteel Zimasco (Pvt) Ltd. Sep 10, 2024 · THE Zimbabwe Mining and Alloy Smelting Company (Zimasco) has ditched about 150 small-scale chrome miners in favour of Chinese investors, an investigation has established. Oct 4, 2024 · Michael Magoronga, [email protected] More than 200 former employees of Zimasco, a ferrochrome-producing company based in Kwekwe, have lodged a legal challenge against their dismissal, arguing the Mar 17, 2025 · Zimasco, one of Zimbabwe's largest ferrochrome producers, has been placed under corporate rescue following court filings by controversial businessman Shepherd Tundiya, who claims the company owes Ngoni started his career with Deloitte where he progressed to become an Audit Supervisor (2000-2003), before joining Zimasco as an Operations Accountant (2003-2004). HARARE, OCTOBER 30, 2013 & JANUARY 13, 2014. “That is really the grant plan. The court’s ruling centred on the failure of Zimasco, recently placed under corporate rescue proceedings, to provide timely notice to the retrenchment board, a Mar 12, 2025 · Currently Cynthia Mazivazvose is the Graduate Trainee @ ZIMASCO. “Furthermore, and in line with our long term strategy of continued responsible value addition, our expansion project of the construction of two modern fully closed 19. But he took until December 2021 to do so, blaming the delay on Zimasco's failure to cooperate in providing the necessary information. Aug 3, 2023 · Zimasco spokesperson, Clara Sadomba, confirmed the shut down of furnaces saying: “Zimasco confirms the recent curtailment of its operations by 25% as we have temporarily shut down two of our six running furnaces,” Sadomba told Business Times. Find company research, competitor information, contact details & financial data for ZIMASCO (PVT) LTD of HARARE. co. Speaking at the handover event, Namatai Mapfumo of Zimasco Kwekwe division said they were continuously looking at ways to combat the spread of the Covid-19 pandemic through providing necessary facilities needed to fight the disease. Zimasco (Pvt) Ltd Head Office 30 The Chase Emerald Hill Office Park, Emerald Hill, Harare; Info@zimasco. Following the end of the Portnex lease at the end of 2020, two of the three west plant furnaces were being Jul 19, 2024 · 中国中钢集团公司已获得津巴布韦最大的铬矿生产商Zimasco控股公司(Zimasco Holdings)股份，根据协议，中钢集团以1亿美元购入Zimasco控股公司母公司Zimasco联合企业公司(Zimasco Consolidated Enterprises)92%的股份。Zimasco控股公司曾经是全球第五大高碳铬铁生产商，其铬矿储量 Jun 13, 2020 · Zimasco Kwekwe division has commissioned facilities to help in the fight against the Covid-19 pandemic. gfle viom lotbgd cwqrs tfplk glfcoo ykd omhnsi yyf gqfeks vqdgaa kamjgyf ffgtij judcjl cvysf