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Amendment of Iron and Steel Act commendable

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Amendment of Iron and Steel Act commendable

It is that time of the month again when we bring you your favourite read, ZiMining. This month’s edition features some exciting news that you have been eagerly anticipating. We continue to provide updates on the revival of the iron and steel sector, which has been dormant since the closure of ZISCO in 2008.

Since then, small to medium-sized players have been sustaining the industry, albeit with difficulties in meeting demand. This struggle has cost the country at least US$1 billion in lost imports of iron and steel products. The arrival of DINSON Iron and Steel Company has brought renewed hope to the sector, with the company recently announcing the commencement of iron and steel manufacturing.

This development has provided much-needed relief to a country burdened by a hefty import bill, as it aims to satisfy local demand and even export to the region. During the inaugural Iron and Steel Indaba in Kwekwe last December, President Emmerson Mnangagwa urged all players in the iron and steel sector to collaborate in reviving the industry.

The revival of the iron and steel sector also signals the potential resuscitation of ZISCO, which is promising news not only for the Kwekwe and Midlands communities but for the country as a whole, as it will support the positive initiatives underway at Manhize.

ZiMining spoke to the Minister of Industry and Commerce, Mangaliso Ndhlovu, who emphasised the importance of revitalising the sector.

He also pointed out that, to create a level playing field, his ministry is working on amending the outdated Iron and Steel Act, originally established in 1942 and last amended in 1956.

This archaic legislation presents numerous challenges for the sector, as it was designed to regulate the then sole iron and steel manufacturer, ZISCO. Therefore, the amendment of this act is long overdue.

The Mines and Mining Development Minister, Winston Chitando, has urged small-scale miners to exercise caution during this rainy season to prevent loss of life from ground falls. This advice is crucial for every small-scale miner, who should implement safety measures while working underground. It is essential that all miners take this warning seriously.

We are excited to introduce a new column, The Blast Zone, where experts in the blasting industry will provide insights into their field.

We invite companies and individuals involved in blasting equipment and chemicals to support this initiative by sponsoring the column. This is a valuable opportunity to showcase your brand as a leader in the blasting sector.

We would also like to congratulate T&A Drilling and Blasting for their ongoing excellence and for winning awards at the recent Zim Trailblazers Community Awards.

Thank you for your continued support, and we look forward to connecting again next month.

Thomas ZiMining Editor

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