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Zim wants new bids on Zisco

HARARE - Zimbabwe is inviting fresh bids for the takeover of state steel-maker Zisco, industry minister Welshman Ncube said yesterday after rejecting earlier offers from South Africa's ArcelorMittal and Jindal Steel and Power of India.

The government seeks to attract foreign investors in a bid to raise at least $10billion to fix the country's economy.

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