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Struggling National Railways of Zimbabwe patches together $400m recapitalisation plan

Struggling National Railways of Zimbabwe patches together $400m recapitalisation plan

THE financially-struggling National Railways of Zimbabwe (NRZ) yesterday held a recapitalisation pre-bid conference in Bulawayo, as it seeks to raise $400 million to revive its operations and to repair infrastructure and equipment, to regain its lost market share. Addressing prospective bidders, who included international and local investors, NRZ deputy board chairperson, who is also chairman […]

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