Parliament Formally Declares Ziscosteel a Dead Asset

Parliament has officially written off Ziscosteel, declaring the former industrial giant a dead asset. This move marks the final chapter for a facility that was once the cornerstone of Zimbabwe’s manufacturing sector, now reduced to a symbol of systemic economic decay. The declaration highlights the failure of successive revitalization attempts and raises urgent questions about the future of the thousands of workers left in the wake of the collapse. While the government seeks to pivot toward new industrial policies, the loss of such a massive asset underscores the structural challenges facing the national economy. Bottom line: A formal admission of industrial failure that forces a pivot in economic strategy.