/ 31 January 1999

ZISCOSTEEL LOOKS WEST

ZIMBABWE Iron and Steel Company (Ziscosteel) is planning to extend its operations into Namibia and is considering the possibility of setting up a steel smelter plant. The firm has already entered the Namibian market through Ondangwa-based Lancashire Steel Namibia, a joint venture with Zebra Holdings. Ziscosteel CEO, Dr Gabriel Masanga, said that expansion into Namibia and Southern Africa will gain full momentum after completion of a $240-million rehabilitation of the Zimbabwean steel plant, which includes rebuilding the steel furnace.

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