NRZ, Russian firm discuss supply of 100 new wagons: $10m wagons deal
THE National Railways of Zimbabwe (NRZ) is in discussions with a Russian wagon manufacturer, Uniwagon, for the supply of 100 new wagons under a $10 million loan facility. Speaking in Parliament on Wednesday, Transport and Infrastructural Development Deputy Minister Engineer Michael Madanha said NRZ has already submitted its relevant documentation to the Russians pertaining the […]
Zimbabwe Govt grants NRZ project status . . .Recapitalisation exercise subject to various incentives
THE Government has granted National Project Status to the National Railways of Zimbabwe (NRZ)’s $400 million recapitalisation programme subjecting the project to various incentives till its completion. Speaking at NRZ’s pre-bid conference on Tuesday, Finance and Economic Development permanent secretary Mr Willard Manungo said in order to show full support and to ensure smooth implementation […]