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Parastatal reform crucial in a new Zimbabwe

Parastatal reform crucial in a new Zimbabwe

HARARE – Among the plethora of problems that will face the new government when it is sworn in and starts work, is the urgent issue of reform of the 105 State-owned enterprises (SOEs) that are currently managed by line ministries on behalf of taxpayers who are the owners or shareholders. Few other issues will demand […]

Panic as state owned National Railways of Zimbabwe moots 2 000 job cuts

Panic as state owned National Railways of Zimbabwe moots 2 000 job cuts

THE National Railways of Zimbabwe (NRZ) workers say they are in a panic mode following reports that 2 000 jobs were on the line, with the victims likely to go home without terminal benefits. The planned job cuts were expected to have taken effect starting March 31, following a similar move in 2015, where NRZ […]

Zanu-PF Hawks Eye US$500 Milion NRZ Loan

Zanu-PF Hawks Eye US$500 Milion NRZ Loan

LOAN facility to the tune of US$500 million being negotiated between the Development Bank of Southern Africa (DBSA) and the troubled National Railways of Zimbabwe (NRZ) has been mired in controversy amid indications that State bureaucrats are rubbing their hands in glee as they hope to corruptly benefit from the deal. To get its act […]

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