National Railways of Zimbabwe forensic audit complete
A FORENSIC audit of the struggling National Railways of Zimbabwe (NRZ), the country’s sole railway transport operator, has been completed, the Financial Gazette’s Companies & Markets (C&M) has established. The company’s board chairman, Larry Mavhima, revealed that the report, which covered the past five years, was handed over to his board last week. Mavhima, however, […]
Zimbabwe cabinet approves NRZ recapitalisation programme
CABINET has approved the National Railways of Zimbabwe (NRZ)’s recapitalisation programme which will see the ailing parastatal going into the market to source funding through technical partners and institutional investors. Addressing journalists in Bulawayo on Saturday, NRZ board chairperson Larry Mavhima said the framework for the recapitalisation of the company was made by cabinet on […]
Minimum speed limits, licence points docking on course in Zimbabwe
THE Government is working on a law that will see traffic offenders accumulating demerit points that will result in their drivers’ licences being revoked as part of measures to curb reckless driving that has contributed to road accidents. In addition, new traffic signs stipulating minimum speed limits will also be erected on certain stretches of […]
