NRZ Continues To Seek Investors For Recapitalisation Programme

Zimbabwean national newspaper, The News Day, recently reported that the National Railways Of Zimbabwe (NRZ) intends to sell 60% of its stake to finance the company’s recapitalisation programme....

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NRZ Secures Lucrative Freight Deal from Local Fertiliser Manufacturer

Sable Chemicals Ltd, Zimbabwe’s sole producer of ammonium nitrate fertiliser, has implemented a process restructuring strategy to enable the company to respond to the agricultural sector’s...

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IMF Executive Board Removes Remedial Measures Applied to Zimbabwe

The executive board of the International Monetary Fund (IMF) approved the removal of the remedial measures applied to Zimbabwe, which have been in place because of the country’s overdue financial...

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Zimbabwe still not eligible for direct lending – World Bank states

The World Bank Group has issued the following statement with regards to Zimbabwe’s current status with the international lender: “The World Bank Group is committed to working with all partner...

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Botswana, Mozambique and Zimbabwe Plan to Build a New Inter-regional Railway

Ministers from Mozambique, Botswana and Zimbabwe have signed a memorandum of understanding committing the three states to a $US600 million railway development project, at a meeting held in Bulawayo on...

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Zimbabwe To Negotiate A Deal With Transnet For Railway Revitalisation Programme

The Zimbabwean Ministry of Transport has initiated negotiations with Transnet in an effort to broker a deal with the South African state-owned company to assist with the rehabilitation of their...

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NZR to Carry Grain Imports

The National Railways of Zimbabwe (NRZ) has initiated a wagon refurbishment programme to ensure that the operator has the capacity to carry much-needed grain imports from South Africa, Zambia and...

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DTI invitation to take part in an Investment and Trade initiative to Zimbabwe

The dti has extended an invitation to interested parties to apply to take part in an Investment and Trade Initiative to the Republic of Zimbabwe. The objective of this mission is to increase trade and...

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Zimbabwe - new legislation proposed to move freight back onto rail

Speaking at an inaugural Infrastructure Conference held in Bulawayo this week, Zimbabwean minister of transport and infrastructure development, Joram Gumbo stated that the country is looking at...

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Mass retrenchments on the cards at National Railways of Zimbabwe

National Railways of Zimbabwe (NRZ) has announced that following a forensic audit of the company, the national operator will be implementing department wide retrenchments. According to Zimbabwean...

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