Zisco workers await windfall

Business
BY BLESSED MHLANGA REDCLIFF – A month after Indian steal giant Essar Africa Holdings acquired Ziscosteel, workers at the giant steel manufacturer say they are still unsure about their future.

Last week disgruntled workers said the company has not paid them their outstanding salaries and they are beginning to lose hope.

Government sold 60% of Zisco and 80% of Iron Ore reserves owned by one of its subsidiary, Bimco in a deal that was signed last month.

The workers who refused to be named for fear of victimisation said they had gone for 11 months without salaries.

Tonderai Zisengwe, chairman of the National Employment Workers Union (Newu) at Lancashire Steel, another Zisco subsidiary said the non payment of salaries had driven workers into dire poverty.

“The workers in the Ziscosteel group need their salaries and wages which date back some 11 months including bonuses,” he said.

Newu recently won an arbitration order that saw the workers attaching Lancashire Steel property worth US$291 473 to pay their salary arrears.

Sources Zisco board chairman Nyasha Makuvise met unions on Thursday and promised to brief them on the outstanding salaries on Arpil 28 after a meeting with Essar representatives.

Zisco CEO Alex Gowo refused to discuss the issue saying it was a sensitive matter which was “receiving due attention.”

“The issue of salaries is a sensitive matter but I can assure you that someone is working on it at the moment and results will be announced soon,” he said.