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The partner should have enough financial muscle to pay off debts and recapitalise the firm among other attributes.
Industry and Commerce Minister Welshman Ncube said the partner should also have the money to pay for Government equity in Zisco that would have been set by the current shareholder. The three companies being considered are Jindal Steel, Sino-Zimbabwe and ESA Global.
Minister Ncube said this on Wednesday in Parliament during a question and answer session.
Kwekwe Member of House of Assembly, Mr Blessing Chebundo (MDC-T) had asked the minister why it was taking so long for the Government to find a partner for Zisco Steel.
In his response, Minister Biti said they had since shortlisted three companies that they had recommended to the President for consideration.
He said the final determination of the winning firm is expected in the next two weeks.
Online Reporter