Zinara records 25% revenue growth

Zimbabwe National Road Administration (Zinara) has recorded a 25% revenue increase to $29,2 million for the first half of the year attributed to the licensing blitz nationwide to force motorists to be compliant.

In the same period last year, Zinara collected $22,7 million. In emailed responses, board chairperson Albert Mugabe said Zinara had made positive initiatives to ensure maximum collection of vehicle licensing revenue whereby over 70% of the vehicles on its database were compliant.

Zimbabwe requires $5 billion to rehabilitate its road network, but with recurrent expenditure accounting for nearly 80% of total revenue and worsened by an external debt of over $6 billion, government is unable to close the funding gap.