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Zimbabwe dying slowly
It was a memorable journey back to Zimbabwe five years after I left the country in January 2018 just three months after the November 2017 coup.My friend and I arrived at the Musina border post...Published: 30 Mar 2023 at 11:46hrs | | by Leonard Koni
Turkish firm makes headway in NRZ deal
THE National Railways of Zimbabwe (NRZ) says Turkish investor Yapi Merkezi, which plans to recapitalise and modernise its railway system, has completed a feasibility study on the project.In 20...Published: 19 Feb 2023 at 17:35hrs | 15 | by Staff reporter
NRZ looting unearthed
AN internal audit has uncovered corporate governance rot, and looting at ailing parastatal National Railways of Zimbabwe (NRZ) with board chairperson Martin Dinha (pictured) and his board allegedly bl...Published: 24 Jun 2022 at 08:20hrs | 4 | by Staff reporter
Chiwenga cancels road deal while Mnangagwa is on leave
VICE-PRESIDENT Constantino Chiwenga allegedly pushed for the unilateral termination of a US$2 billion tender awarded to South African firm Khato Holdings for the dualisation of the Beitbridge-Victoria...Published: 11 Feb 2022 at 16:37hrs | 1 | by Staff reporter
Transport costs choke coal exporter
Despite a huge market potential for thermal coal in the region, local miners are finding it hard to export due to excessive costs of transportation, senior industry executives have said.Recent...Published: 13 Dec 2021 at 06:59hrs | 12 | by Staff reporter
NRZ to cut on hired wagons, locomotives
THE National Railways of Zimbabwe (NRZ) is working on a framework to reduce wagons and locomotives hired from third parties as part of a broader scope to save the organisation millions of dollars in f...Published: 15 Nov 2021 at 05:21hrs | 16 | by Staff reporter
NRZ-Turkish deal takes off
YAPI MERKEZI, the Turkish company which recently signed a Memorandum of Understanding with the National Railways of Zimbabwe (NRZ) to recapitalise and modernise the nation's railway system, has starte...Published: 26 Sep 2021 at 19:32hrs | 6 | by Staff reporter
NRZ clears $326m salary arrears
The National Railways of Zimbabwe (NRZ) has cleared its legacy salary arrears that accrued from 2012, after paying out $326 million to employees from its coffers, in a development that is expected to ...Published: 07 Sep 2021 at 18:25hrs | 12 | by Staff reporter
DIDG seek NRZ deal revival
THE Diaspora Infrastructure Development Group (DIDG) has pleaded with the Government to consider resuscitating its US$400 million National Railways of Zimbabwe (NRZ) recapitalisation proposal. ...Published: 27 Jul 2021 at 07:12hrs | 3 | by Staff reporter
Govt delays bungle US$150m solar deal
A US$150 million solar power plant deal is facing collapse after prolonged bureaucratic delays frustrated the investor, who top government officials say is now considering pulling out and suing for lo...Published: 02 Jul 2021 at 19:40hrs | 1 | by Staff reporter
NRZ slapped with US$236m lawsuit
SOUTH Africa-based business syndicate, the Diaspora Infrastructure Development Group (DIDG), has filed a lawsuit at the High Court demanding damages amounting to a staggering US$236 million from the N...Published: 24 Dec 2020 at 17:00hrs | | by Staff reporter
SA firm drags NRZ to court
THE Diaspora Infrastructure Development Group (DIDG) and a South African based railway company are suing the National Railways of Zimbabwe (NRZ) for unlawful cancelling a US$400 million recapitalisati...Published: 24 Dec 2020 at 05:03hrs | 2 | by Staff reporter
NRZ courting Turkey, Indonesia investors
The National Railways of Zimbabwe (NRZ) is courting investors from Turkey, Russia and Indonesia as it continues with efforts to restructure its operations. Despite demand for its services...Published: 27 Nov 2020 at 17:29hrs | | by Staff reporter
NRZ fights US$236m DIDG suit
THE National Railways of Zimbabwe (NRZ) will defend the US$236 million lawsuit filed by the Diaspora and Infrastructure Development Group (DIDG) following the termination of a US$400 million recapital...Published: 08 Sep 2020 at 06:22hrs | 1 | by Staff reporter
NRZ slapped with US$236m lawsuit
DIASPORA and Infrastructure Development Group (DIDG) is demanding US$236 million from the National Railways of Zimbabwe (NRZ) as compensation after cabinet controversially terminated the consortium's ...Published: 04 Sep 2020 at 06:23hrs | | by Staff reporter
NRZ increase inter-city train fares by 100%
THE National Railways of Zimbabwe (NRZ) has increased inter-city passenger train fares by 100 percent.Intra-city commuter train fares, however, remain unchanged at $1 for a return ticket....Published: 29 Aug 2019 at 23:56hrs | 1 | by Staff reporter
Fully utilizing ZIDA to promote economic growth
The Zimbabwe Investment and Development Agency (ZIDA) Bill was gazetted on the 5th of April 2019. The purpose of the bill is to establish a single focal point that facilitates entry and implementation...Published: 09 Aug 2019 at 21:46hrs | | by Victor Bhoroma
DIDG loses exclusive rights to NRZ deal
GOVERNMENT has removed the exclusivity clause for the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal after investors for the project failed to provide proof of funding within...Published: 20 May 2019 at 06:36hrs | 2 | by Staff reporter
Minister Matiza in NRZ funding storm
TRANSPORT minister Joel Biggie Matiza could have mislead parliament this week when he told legislators that South African rail, port and pipeline company, Transnet, and Diaspora Infrastructure Develop...Published: 17 May 2019 at 07:18hrs | 13 | by Staff reporter
NRZ / DIDG deal hits a funding snag
TRANSPORT minister Joel Biggie Matiza yesterday told the National Assembly that the $400 million National Railways of Zimbabwe and DIDG Transnet deal which President Emmerson Mnangagwa commissioned la...Published: 16 May 2019 at 06:49hrs | 1 | by Staff reporter
Temba Mliswa talks tough on NRZ managers
Norton Member of Parliament Temba Mliswa has blasted Senior managers at the National Railways of Zimbabwe (NRZ) who are alleged tobe trampling on and changing through the back door the terms and condi...Published: 18 Apr 2019 at 16:05hrs | | by Mandla Ndlovu
NRZ set for revivals as Zimbabwe, SA clear hurdles
The National Railways of Zimbabwe (NRZ) has received a boost after both Zimbabwe and South Africa cleared all the hurdles which had delayed the injection of US$400 million into the struggling parastat...Published: 15 Mar 2019 at 06:25hrs | | by Staff reporter
Ramaphosa arrives
South African President Cyril Ramaphosa arrived in the country last night ahead of today's third session of the Zimbabwe-South Africa Bi-National Commission Summit in Harare. President Ramapho...Published: 12 Mar 2019 at 05:48hrs | 11 | by Staff reporter
Ramaphosa's team arrives for BNC meetings
Senior government officials from South Africa arrived into the country yesterday for preparatory meetings of the third session of the Zimbabwe-South Africa Bi-National Commission (BNC) amid indication...Published: 06 Mar 2019 at 23:20hrs | 1 | by Staff reporter
NRZ hikes inter-city fares
THE National Railways of Zimbabwe (NRZ) yesterday increased fares on its inter-city passenger trains by up to 150 percent on some routes with immediate effect. NRZ operates three daily and two...Published: 26 Feb 2019 at 06:52hrs | 5 | by Staff reporter
$400m NRZ deal set to top Mnangagwa - Ramaphosa talks
THE National Railways of Zimbabwe (NRZ) US$400 million deal will be one of the key items on the agenda during the South Africa-Zimbabwe bi-national commission meetings when South African President Cyr...Published: 22 Feb 2019 at 09:14hrs | 5 | by Staff reporter
Frantic talks fail to unlock NRZ logjam
A SERIES of meetings this week aimed at ending the stalemate in the finalisation of the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal failed to break the deadlock among the ...Published: 15 Feb 2019 at 08:23hrs | 7 | by Staff reporter
US hunter kills two Zimbabwean elephants; claims self defence
AN American hunter who who shot dead two elephants with his friend has seen his company's website and social media sites swamped with furious messages.Photos of Mike Jines standing over the co...Published: 12 Feb 2019 at 09:02hrs | 7 | by Agencies
Mnangagwa's plan to revive Bulawayo falters
Industries in the second city are still battling to survive despite pledges by President Emmerson Mnangagwa to breathe life into what was once the hub of the country's economy.Ahead of the har...Published: 13 Jan 2019 at 22:36hrs | 14 | by Staff reporter
$400m NRZ deal in limbo
GOVERNMENT is reconsidering the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation project to be jointly undertaken by the South African rail, port and pipeline company, Transnet and ...Published: 11 Jan 2019 at 09:54hrs | | by Staff reporter
NRZ targets 4 million tonnes of freight
THE National Railways of Zimbabwe (NRZ) has projected to increase its freight by 25,6 percent this year buoyed by the anticipated improved business and recapitalisation efforts.NRZ public rela...Published: 06 Jan 2019 at 09:51hrs | | by Staff reporter
Govt negotiates $216m for NRZ
Government is in negotiations with the Diaspora Infrastructure Development Group and Transnet Consortium for the financing of the National Railways of Zimbabwe (NRZ) to the tune of $216 million, accor...Published: 23 Dec 2018 at 08:32hrs | 2 | by Staff reporter
Mutsvangwa sabotages NRZ?
Presidential advisor Chris Mutsvangwa has been accused of being part of a group of people sabotaging the Diaspora Infrastructure Development Group (DIDG)-Transnet consortium to recapitalise the Nation...Published: 20 Dec 2018 at 14:48hrs | 2 | by Mandla Ndlovu
Mega deals remain elusive for Zimbabwe
Locally, thousands have called him a hero for toppling the only leader Zimbabwe has known for almost four decades.Abroad, investors are, for the first time in decades, considering Zimbabwe as ...Published: 08 Dec 2018 at 14:50hrs | 1 | by Staff reporter
Mnangagwa calls for rail network overhaul
PRESIDENT Emmerson Mnangagwa has called for a total revamp of the country's rail network and re-equipping the National Railways of Zimbabwe (NRZ) workshops to enable the parastatal to serve the entire...Published: 26 Nov 2018 at 06:14hrs | 1 | by Staff reporter
'Ring-fence bulk goods to save NRZ'
FORMER chairperson of the Parliamentary Portfolio Committee on Transport, Dexter Nduna, says it would be difficult for the National Railways of Zimbabwe (NRZ) to be turned around despite the $400 mill...Published: 21 Nov 2018 at 05:12hrs | | by Staff reporter
Business success in Zimbabwe no longer hinges on political connections
The Diaspora Infrastructure Development Group, a leading investor in Zimbabwe that won the tender to recapitalise the National Railways of Zimbabwe (NRZ) to the tune of $400 million (R5.7 billion), sa...Published: 18 Oct 2018 at 09:08hrs | | by African News Agency
Vandalism puts struggling NRZ off track
THE struggling National Railways of Zimbabwe (NRZ) has expressed concern over the increase of vandalism of its points machines, resulting in train movement disruptions and derailments.The poin...Published: 05 Oct 2018 at 06:46hrs | 1 | by Staff reporter
Zimbabwe still awaits mega deals
LOCALLY, thousands have called him a hero for toppling the only leader Zimbabwe has known for almost four decades.Abroad, investors are, for the first time in decades, considering Zimbabwe as ...Published: 30 Sep 2018 at 20:38hrs | 2 | by Staff reporter
Matiza talks tough on VID corruption
Transport minister Joel Biggie Matiza inherited a portfolio that superintends over struggling, but key parastatals such as Air Zimbabwe and the National Railways of Zimbabwe.Matiza (JBM) told ...Published: 30 Sep 2018 at 18:59hrs | | by Staff reporer
Mnangagwa ally resigns as NRZ board chairman
NATIONAL Railways of Zimbabwe (NRZ) board chair, Larry Mavima, has resigned as the parastatal's chairman following his recent swearing in as Senator for Shurugwi-Zvishavane and appointment as Minister...Published: 18 Sep 2018 at 06:34hrs | 1 | by Staff reporter
NRZ defends Transnet deal
National Railways of Zimbabwe (NRZ) has allayed fears that it might have entered into a questionable deal with Transnet, following the issuing of suspension notices to three top officials who were all...Published: 27 Aug 2018 at 13:04hrs | 1 | by Staff Report
NRZ reports jump in first half freight volumes
THE National Railways of Zimbabwe (NRZ) moved 1 772 million tonnes of freight in the first seven months of the year, an 11% increase on its performance during the same period last year, according to a...Published: 22 Aug 2018 at 06:08hrs | | by Staff reporter
NRZ equipment lease deal pays off
THE National Railways of Zimbabwe (NRZ) says its decision to hire equipment from Transnet South Africa has started paying dividends, with cargo freight volumes increasing since April this year....Published: 10 Aug 2018 at 07:59hrs | | by Staff reporter
Zimbabwe diasporans told to invest back home
ZIMBABWEANS living in the diaspora should invest back home and be part of the country's transformation process, a top industrialist has said.Donovan Chimhandamba, chairman of the Diaspora Infr...Published: 07 Jun 2018 at 09:25hrs | 2 | by Staff reporter
NRZ records 50% surge in passengers
THE National Railways of Zimbabwe (NRZ) has recorded a 50% increase in the number of passengers using its trains following the deployment of new coaches early this year, an official has claimed....Published: 02 Jun 2018 at 15:50hrs | 1 | by Staff reporter
NRZ's $400m mega deal equipment incompatible
NRZ is facing a crisis owing to the incompatibility of railway equipment received under the $400 million Diaspora Infrastructure Development Group (DIDG) deal. Sources at the company said some...Published: 24 May 2018 at 08:03hrs | | by Staff reporter
New railway line linking Hwange to Harare to be constructed
A NEW rail line linking Hwange to Harare via Binga and Gokwe will be constructed as part of the revitalisation of the National Railways of Zimbabwe (NRZ), a Cabinet Minister has said.The giant...Published: 15 May 2018 at 07:07hrs | 11 | by Staff reporter
Bulawayo de-industrialisation, ZITF success juxtaposed
The 59th edition of the Zimbabwe International Trade (ZITF) was by far the largest in decades both in terms of attendance by local and foreign exhibitors as well as the business activity.Not o...Published: 02 May 2018 at 11:49hrs | 2 | by Staff rpeorter
Serious work to revive NRZ begins
SERIOUS work to revive the National Railways of Zimbabwe is set to start in the near future amid indications that all outstanding legal issues to the $400 million recapitalisation deal are to be seale...Published: 02 May 2018 at 06:45hrs | | by Staff rpeorter
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