Ziscosteel appeals for police, army intervention in protecting assets

By Sheron Mirriam Tazvivinga

Zisco Steel is appealing to the Joint Operations Command (JOC) to provide security so as to help protect the company’s assets.

This comes after there have been reports of vandalism and theft of the company’s assets.

With the company bent on resuscitating it’s operations,  there is need to secure it’s assets for future purposes.

Addressing stakeholders during the recently held interministirial tour at Zisco Steel,Zisco Board Chairman Engineer Martin Manhuwa said there was need for security forces to safeguard the company’s assets.

” We are appealing to JOC to provide security so as to safeguard our assets for future purposes. Currently there have been cases of vandalism and theft hence there is need to have security forces stationed at the company,”he said.

Speaking at the same event, Industry and Commerce Minister Sekai Nzenza urged the company’s management to focus more on optimising the reliability of it’s business and production assets.

” It is critical that Zisco focuses on optimising the reliability of it’s business and production assets,” said Nzenza.

Nzenza also added that the board should come up with strategies to curtail further loss of assets.

” I call upon ZISCO management to come up with specific measures to curtail loss of assets and debt accumulation,” said Nzenza.

This she said,”  is critical to establish the extent of ZISCO’s liabilities and assets as we map the way forward for the company.”

” This will optimise quick wins like limestone deposits and dumps,the operations of the subsidiaries ,”as the company will be embarking on optimising asset reliability, stated Nzenza.

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