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Cyril Ramaphosa's 'plot' to kill the ANC
SOME senior ANC leaders have accused President Cyril Ramaphosa of working with external parties to collapse the governing party and replace it with a centre-right coalition led by him after the 2024 g...Published: 17 Jul 2024 at 09:09hrs | 1719 | by Staff reporter
Zinara on course to clearing DBSA debt
The Zimbabwe National Road Administration (Zinara) has made significant progress in reducing its US$200 million debt with the Development Bank of South Africa (DBSA), now owing US$59 million. Zinara b...Published: 04 Jun 2024 at 11:54hrs | 7 | by Staff reporter
Zimbabwe infrastructure upgrades to boost revenue performance
GOVERNMENT expects the on-going infrastructural development projects, particularly the upgrading of major highways, to impact positively on revenue performance through improved transport and logistics...Published: 01 Aug 2022 at 06:34hrs | | by Staff reporter
Ramaphosa's 'plot' to kill the ANC
SOME senior ANC leaders have accused President Cyril Ramaphosa of working with external parties to collapse the governing party and replace it with a centre-right coalition led by him after the 2024 g...Published: 30 Jun 2022 at 19:46hrs | 7 | by Staff reporter
$7 billion to upgrade tollgates infrastructure
THE Zimbabwe National Road Administration (Zinara) has set aside $7 billion for the upgrading of all tollgates across the country as part of efforts to plug revenue leakages and improve efficiency....Published: 18 Jun 2022 at 07:24hrs | | by Staff reporter
Zinara pleads with DBSA after default
ZIMBABWE'S roads administrator revealed on Tuesday that it had re-engaged the Development Bank of South Africa (DBSA) to review terms of a US$206 million loan granted about seven years ago, following ...Published: 24 Feb 2022 at 05:41hrs | | by Staff reporter
SA bank restructures US$200m Zinara loan
Zimbabwe got a reprieve after the Development Bank of Southern Africa (DBSA) agreed to restructure the US$206 million loan that the Zimbabwe National Road Administration got to refurbish the Plumtree-...Published: 27 May 2021 at 07:02hrs | | by Staff reporter
Cyril Ramaphosa's 'plot' to kill the ANC
SOME senior ANC leaders have accused President Cyril Ramaphosa of working with external parties to collapse the governing party and replace it with a centre-right coalition led by him after the 2024 g...Published: 07 May 2021 at 11:34hrs | 2 | by Piet Rampedi
'Dubious' contractors prejudice Zinara of US$71,5 million
THE Zimbabwe National Road Administration (Zinara) could have been prejudiced of about US$71,5 million in special projects undertaken with a number of "questionable and dubious" contractors between 20...Published: 27 Apr 2021 at 08:03hrs | | by Staff reporter
Road infrastructure decay needs policy change
The pace of Zimbabwe's road infrastructure decay has reached alarming levels which call for a policy change by the government. The country's major highways and urban roads have become a living hazard ...Published: 16 Feb 2021 at 14:34hrs | | by Victor Bhoroma
Knowledge for all, not ignorance, can restore hope in Zimbabwe
"IGNORANCE is bliss", but only temporarily. As the world commemorates the International Day for Universal Access to Information, it is worth re-stating the importance of knowledge, for everyone – no...Published: 02 Oct 2020 at 07:40hrs | 1 | by Chris Mhike
Revisiting the Beitbridge-Harare highway
The state of the Beitbridge-Harare (A4) Highway is now a cause for concern as the number of human fatalities grows by each day due to deadly accidents in the narrow strip that links Zimbabwe and South...Published: 06 Jul 2019 at 08:06hrs | | by Victor Bhoroma
Mnangagwa dumps Chinese contractor
GOVERNMENT has abandoned talks with Chinese contractor Anhui Foreign Economic Construction Group Limited (AFECC) for the dualisation of the Beitbridge-Harare-Chirundu Highway, opting for local financi...Published: 30 Nov 2018 at 10:35hrs | 1 | by Staff reporter
Zinara committee audit report questioned
The credibility of a report compiled by a committee appointed by former Transport and Infrastructural Development Minister Dr Joram Gumbo to study the findings of an audit by Grant Thornton on the ope...Published: 26 Nov 2018 at 05:46hrs | 1 | by Staff reporter
Inept bosses cost Zinara US$200m
The Zimbabwe National Road Administration (Zinara) has suffered a financial loss in excess of US$200 million due to incompetence and lack of expertise by its senior managers to negotiate contracts ben...Published: 19 Nov 2018 at 05:39hrs | 1 | by Staff reporter
Zinara bosses off the hook
THE National Prosecuting Authority (NPA)'s bid to revive corruption charges against five Zimbabwe National Roads Administration (Zinara) bosses yesterday hit a snag after the Supreme Court threw out t...Published: 14 Nov 2018 at 05:37hrs | 1 | by Staff reporter
Zinara board fired
THE Minister of Transport and Infrastructural Development, Engineer Joel Biggie Matiza has dissolved the Zimbabwe National Roads Authority (Zinara) board. He said the entity's board, whose management ...Published: 11 Oct 2018 at 06:22hrs | 1 | by Staff reporter
Motorists fume over new tollgate
MOTORISTS have expressed dismay over the establishment of the Colleen Bawn tollgate along Bulawayo-Beitbridge Road, saying they were already paying too much at existing tollgates. Government y...Published: 20 Sep 2018 at 06:25hrs | 1 | by Staff reporter
State challenges Zinara bosses' acquittal
PROSECUTOR-GENERAL, advocate Ray Goba has petitioned the Supreme Court challenging the recent acquittal of five Zimbabwe National Roads Administration (Zinara) executives, who were facing criminal abu...Published: 09 Jul 2018 at 07:55hrs | | by Staff rpeorter
Zinara bosses acquitted
The High Court has acquitted five Zimbabwe National Road Administration (Zinara) executives who had been accused of fraudulently transferring more than $2 million into bogus companies' accounts in a s...Published: 25 Apr 2018 at 10:31hrs | | by Staff reporter
G40 looting spree 'exposed'
Zimbabwe National Road Administration (Zinara) executives, inspired by Zanu-PF's G40 faction, allegedly colluded to embark on a looting spree, in case the party lost the forthcoming general elections....Published: 05 Feb 2018 at 04:41hrs | 1 | by Staff reporter
Zinara bosses 'sourced' $2,9m from black market
Five Zimbabwe National Road Administration (Zinara) executives, charged for fraudulently transferring more than $2 million into bogus companies' accounts in a shady loan repayment deal, have been accu...Published: 31 Jan 2018 at 10:40hrs | | by Staff reporter
Zinara exonerates execs in fraud case
The case of five Zimbabwe National Road Administration (Zinara) executives accused of allegedly fraudulently transferring more than $2 million into bogus companies' accounts in a shady loan repayment ...Published: 31 Jan 2018 at 05:55hrs | 1 | by Staff reporter
Govt buys forex on black market
THE country's foreign currency squeeze has reportedly forced some government departments and parastatals to source the elusive United States dollars from the parallel market to fund their various acti...Published: 31 Jan 2018 at 05:25hrs | 2 | by Staff reporter
Audit unearths rot at Zinara
AN internal forensic audit on the operations of the Zimbabwe National Road Administration (Zinara) has exposed massive financial abuse, including the payment of $71 million and R31 million to contract...Published: 06 Oct 2017 at 06:35hrs | | by Staff reporter
Zinara trio in forex scam
Three Zimbabwe National Road Administration (ZINARA) bosses appeared in court yesterday charged with illegally sourcing foreign currency on the pretext of servicing a $206 million loan for the rehabil...Published: 20 Jul 2017 at 06:27hrs | | by Staff reporter
Zinara bosses loot $300 000
THE Zimbabwe National Road Administration Director Simon Mudzingwa Taranhike (53) and Finance Manager Shadreck Matengabadza (44), suspended recently by their employer, appeared in court today charged ...Published: 12 Jul 2017 at 16:52hrs | 1 | by Staff reporter
Only 10% of Zimbabwe roads are in good condition
ONLY 10 percent of the surfaced (tarred) national road network is in good condition, with 30 percent in poor condition while 57 percent is in fair condition, a senior Government official has said....Published: 10 Jul 2017 at 06:48hrs | 8 | by Staff reporter
Zinara top brass suspended
THE Zimbabwe National Road Administration has suspended its top brass in the finance, administration and human resources departments on charges which include violating tender and procurement procedure...Published: 30 Jun 2017 at 06:29hrs | | by Staff reporter
'Toll fees not enough for road rehabilitation'
ROAD maintenance across the country remains a challenge as the bulk of the money from toll fees collected is going towards the $206 million loan repayment to the Development Bank of South Africa, ...Published: 11 Feb 2017 at 09:21hrs | | by Staff reporter
'Zinara revenue insufficient for road maintenance backlog'
ROAD authorities must pursue other innovative strategies to fund the rehabilitation of roads as revenue from Zinara is insufficient to cover the maintenance backlog.According to the Transp...Published: 22 Jan 2017 at 12:11hrs | 1 | by Staff reporter
Zimbabwe struggles to service DBSA loans
Zimbabwe's cash strapped government said it is struggling to service its $206 million loan sourced from the Development Bank of Southern Africa due to deteriorating economic conditions. Th...Published: 14 Sep 2016 at 07:47hrs | 1 | by Staff reporter
IDBZ courts investors for $250 million stake
THE Infrastructure Development Bank of Zimbabwe (IDBZ) will allow local and international institutional investors to take up equity in the bank as part of measures to grow its capital base to $250 mil...Published: 11 Sep 2016 at 12:44hrs | 1 | by Munyaradzi Mlambo and Africa Moyo
SA tycoon clears air on Zinara deal
South African businessman Mr Niko Shefer, who facilitated the $206 million for Zinara to refurbish the Plumtree-Mutare Highway, yesterday said he has renegotiated his facilitation fee from two to 1,3 ...Published: 01 Sep 2016 at 06:31hrs | 3 | by Staff reporter
SA tycoon bleeds Zinara
A South African businessman Mr Niko Shefer, is reportedly siphoning millions of dollars from the Zimbabwe National Roads Administration (Zinara) as facilitation fee for the $206 million loan accessed ...Published: 31 Aug 2016 at 06:32hrs | | by Tendai Mugabe
SA pumps R20 billion into Zimbabwe
SOUTH Africa has invested about R20 billion into the Zimbabwean economy in the last 12 years as the two countries intensify economic ties, a South African minister said yesterday.Mzwandile Mas...Published: 17 Mar 2016 at 05:43hrs | 1 | by Lovemore Zigara
MPs condemn Group Five over poor workmanship
SOUTH Africa-based roads engineering firm Group Five International came under intense onslaught by legislator's over melting of roads in Harare.There roads where recently rehabilitated and exp...Published: 25 Nov 2015 at 13:21hrs | | by Thobekile Zhou
$1.3bn Harare-Beitbridge highway project resumes
Work on Harare-Beitbridge highway is expected to resume soon following the withdrawal of a two year court case filed by Zimhighways Consortium against government. The $1.3 billion rehabilitati...Published: 04 Sep 2015 at 07:27hrs | | by Staff reporter
No South African Cash for Zimbabwe
President Jacob Zuma has been the state-owned DBSA to fund projects in Zimbabwe to help the country's economic recovery, while also promoting his country's investment agenda. Senior South ...Published: 28 Aug 2015 at 07:13hrs | | by Staff reporter
Zimbabwe, SA, Mozambique to construct 550km interconnector transmitter
Zimbabwe and power utility firms in South Africa and Mozambique are set to construct a 550-kilometre inter-connector transmitter. A grant agreement of $3,5 million has already been signed ...Published: 05 Aug 2015 at 05:55hrs | | by Staff reporter
Zinara mulls border upgrades
The Zimbabwe National Roads Administration (ZINARA) has dangled the idea of a corridor master development plan (CMDP) towards the dualisation of the Beitbridge-Chirundu road, which emphasises the upg...Published: 22 Jun 2015 at 10:37hrs | 1 | by Staff reporter
Zanu-PF hawks eye $500m NRZ loan
State bureaucrats are rubbing their hands in glee as they hope to corruptly benefit from a $500million facility being negotiated between DBSA and NRZ. The deal is facing resistance from St...Published: 28 May 2015 at 07:15hrs | | by Staff reporter
Mugabe admits Zim economy is in 'dismal state' to Zuma
Mugabe surprise SA President Jacob Zuma by admitting that the Zimbabwe economy is in a "dismal state"."South Africa has of course always been aware of the state of Zimbabwe's economic problems...Published: 27 Apr 2015 at 06:19hrs | | by Wilbert Mukori
NRZ workers in sleep-in protest
WORKERS at struggling National Railways of Zimbabwe have resorted to a sleep-in at the parastatal's premises in protest over unpaid salaries.The company is 10 months in salary arrears....Published: 17 Mar 2015 at 09:31hrs | 1 | by Auxilia Katongomara
Beitbridge - Chirundu highway rehab to go ahead
THE government says it will go ahead with the rehabilitation of the Beitbridge-Chirundu road despite a 13-year long court battle that has stalled the widening of the country's busiest highway....Published: 17 Mar 2015 at 07:13hrs | 1 | by Oliver Kazunga
Heads to roll at Zinara
Zinara has embarked on a major staff shake-up which workers allege is a purge to staff to cover up for years of financial impropriety. The purge has already claimed the scalp of FD Thomas...Published: 05 Jan 2015 at 08:46hrs | | by Staff reporter
DBSA finally approves $750 million for NRZ
THE Development Bank of South Africa (DBSA) has finally approved the $750 million loan facility meant for the renovation of the National Railways of Zimbabwe.Transport and Infrastructural Deve...Published: 26 Nov 2014 at 07:14hrs | | by Staff Reporter
Cellphones replace NRZ signals
The National Railway of Zimbabwe (NRZ)'s entire railway system has been run down to a point where enginemen have to resort to using cellphones to communicate, Transport and Infrastructural Development...Published: 21 Sep 2014 at 10:47hrs | 1 | by Staff reporter
Obert Mpofu attacks striking NRZ workers
Transport and Infrastructural Development minister Obert Mpofu today attacked National Railways of Zimbabwe workers who held demonstrations over unpaid salaries last week accusing them of scaring...Published: 17 Sep 2014 at 19:48hrs | | by Staff Reporter
NRZ owes employees $55 million in salary
HARARE - Struggling National Railways of Zimbabwe (NRZ) owes its employees $55 million in salary arrears for nine months, but has ruled out laying off part of its over 6 500 workforce, Parliament hear...Published: 05 Aug 2014 at 08:34hrs | | by Staff Reporter
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