![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZkfqxbdFi2onR8vt7g87qqstpKGKJgIYgUXC0Sc3Ht-m6dl7dCbTP0vUlrXKOcqAVlgQwi3295BGVHKfsRQKHpS3a9dFhlWCd6rNhi7_sX-frjD49QdpWJAq95qhrSrVoYFH9c7MEng/s1600/ZIMRA.jpg)
Ziscosteel, which switched off its fourth and last furnace
at the height of economic challenges in 2008 which left it saddled with a $2
billion debt has been struggling to court new investors to resume production.
Government inherited the Ziscosteel debt in 2017 under the Debt Assumption Act
and agreed to stagger the employees’ outstanding salaries amounting to $38
million.
Ex- Ziscosteel employees chair Mr Abraham Dube, however,
said the employees were still unable to access their monthly payouts, which were
being garnished by the taxman every time Government deposits something into the
Ziscosteel accounts. Herald
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