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State of the Industry Report – Engineering, Iron and Steel Industry in Zimbabwe

EISAZ will be presenting a State of the Industry Report on 16th April 2024. We write to cordially invite you to join this special occasion which will be virtually held on ZOOM Webinar on Tuesday 16th April 2024 at 9:30am. The event will also be graced by officials from Dinson Iron and Steel Company (Pvt) Ltd (DISCO) who will update the conference participants on DISCO`s project status including the raw – materials to be supplied by the steel giant in the short, medium and long term. The State of the Industry Report will enlighten you on the following important aspects; Macroeconomic environment analysis, SWOT analysis of the engineering, iron and steel value chain, Major cost drivers, constraints and opportunities of the Engineering, Iron and Steel value chain, State of the sector`s human capital and technological situation, State of the Engineering, Iron and Steel`s level of imports and exports for the past two years, Capacity situation in comparison to global trends in the engineering, iron and steel industry, Demand for major products and market share of the sector regionally and globally, Demand outlook for engineering, iron and steel products, Market developments for 2023 which include steel and raw – material prices domestically, regionally, and globally, Engineering Iron and Steel Industry Economic Outlook for 2024 and Recommendations for Policy Making Please save this day on your calendar and plan nothing on this date, so you won’t miss the event. For more information, please call us on: VoIP +2638677160776 | T+263 242746796 or Whatsapp 0773266189    

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CBA Engineering Companies in Zimbabwe NEC Engineering Steel Wage Agreement

CBA for the Engineering, Iron and Steel Industry

NEC for the Engineering Iron and Steel Industry in Zimbabwe’s Collective Bargaining Agreement SI 134/2017 was successfully registered by the Ministry of Public Service, Labour and Social Welfare. In the circumstances, a new CBA incorporating the amendments i.e. SI 107/2022 was gazetted last week and shall operate from the first day of the month following its registration until further notice. Click here to download

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CBA

Engineering Iron and Steel Industry Successfully Launch Its Sector Strategy (2022 -2026)

The Engineering Iron and Steel Association of Zimbabwe (EISAZ) would like to congratulate all businesses and relevant stakeholders in the Engineering, Iron and Steel Industry of Zimbabwe for the successful launch of the Engineering, Iron and Steel sector Strategy on 27th of May 2022, at Cresta Lodge, Harare. The strategy was officially launched by the Secretary for Ministry of Industry and Commerce Dr Mavis Sibanda, standing in for the Minister, Hon Dr Sekai Nzenza. This Strategy calls for collaborative efforts to ensure it continues to be a living document and transform our Industry. Our concerted efforts, will indeed make up the history of the industry revival. The sector strategy has the following vision and mission: Vision: “A vibrant, dynamic and competitive sector anchored by smart and strategic value chain linkages that fully embrace adaptive and smart technologies to locally produce world-class value-added engineering, iron and steel products and services, thereby generating USD 6Billion annually and employing 50,000 people by 2026.” will only be a reality if we all work towards the achievement of it. Mission: “To be the preferred provider of high quality and globally competitive value-added engineering, iron and steel products and services for the domestic and regional market through the use of smart, sustainable and locally adapted technologies to create employment for the nation and improve the country’s gross domestic product.” The strategy focuses on the following 7 key strategies: Establish stable and sufficient primary steel production capacity to meet the present and future needs of the sector. Establish a well-defined, transparent and Local Scrap Value Chain that ensures maximum utilisation of local scrap for the local industry to increase capacity utilisation of subsectors such as primary steel production and foundries. Import Substitution and Exports promotion for engineering, iron and steel products and services. Strengthening and Capacitation of Industry representing institutions. Establish robust and inclusive funding facilities for CAPEX and Working Capital for the attractive and strategic local engineering, iron and steel value chains. Human capital development through synergies with training institutions and technology suppliers to enhance competitiveness. Inclusion of MSMEs in value chain and formalisation of the informal sector. Implementation of these strategies will be closely monitored and evaluated through the following Key Performance Indicators (KPIs): Capacity utilization Employment levels Revenue generation “WE ARE ALL KEY TO THE SUCCESSFUL IMPLEMENTATION OF OUR SECTOR STRATEGY”

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