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All posts tagged "National Railways of Zimbabwe"

News4 months ago

Mutapa secures US$2bn capital

ZIMBABWE'S sovereign wealth fund, Mutapa Investment Fund, has got a massive US$2 billion capitalisation loan from the government through Treasury bonds.
News3 years ago

Circus as moribund firms win gold at ZITF

WITH a handful of ancient locomotives fit for museum display, crumbling infrastructure and saddled with huge debts as documented by Auditor-General Mildred Chiri, the troubled National...
News3 years ago

Loss-making parastatals in trouble

…Zupco, NRZ in huge debt AUDITOR-GENERAL Mildred Chiri has questioned the going concern status of four parastatals whose current liabilities exceed current assets and have...
Business4 years ago

Rejected DIDG investors seal US$300m deal

SOME executives of the Diaspora Infrastructure Development Group (DIDG) who were elbowed out of the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation project have appointed...