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Search for new NRZ suitor begins
The renewed search for a suitor for the National Railways of Zimbabwe (NRZ) is set to begin this week after the US$400 million deal with Diaspora Infrastructure Development Group (DIDG)-Transnet conso...Published: 26 Jan 2020 at 06:15hrs | 102 | by Staff reporter
NRZ to charge in forex
THE Reserve Bank of Zimbabwe has granted the National Railways of Zimbabwe permission to charge in foreign currency for goods exported under the Cost, Insurance and Freight (CIF) conditions.NR...Published: 26 Jan 2020 at 06:14hrs | 420 | by Staff reporter
New Air Zimbabwe planes must start generating revenue
The acquisition of two aircraft by the Government for Air Zimbabwe (Airzim) can impact the horticultural and tourism sectors positively, spurring the sectors' growth. This week, the Government took de...Published: 26 Jan 2020 at 06:04hrs | 286 | by Staff reporter
NRZ to collect railage charges in foreign currency
THE Reserve Bank of Zimbabwe (RBZ) has authorised the National Railways of Zimbabwe (NRZ) to collect railage charges in foreign currency for exported goods.NRZ submitted an appeal to RBZ last ...Published: 25 Jan 2020 at 19:55hrs | 958 | by Staff Reporter
NRZ loses US$3,6m infrastructure to theft, vandalism
NATIONAL Railways of Zimbabwe (NRZ) has revealed that it has lost US$3 663 725 to theft and vandalism of rail infrastructure between 2018 and 2019.The parastatal complained that despite the ar...Published: 23 Jan 2020 at 06:25hrs | 81 | by Staff reporter
Zimdollar has been a disaster for asset values, economy
The introduction of Zimbabwe's own currency, the ZWL, in February 2019 has been a disaster as many economists, as well as ourselves, had predicted. Since it was launched the ZWL has fallen fro...Published: 19 Jan 2020 at 13:14hrs | 564 | by John Legat
Job scam resurfaces in Bulawayo streets
Less than five minutes after meeting a smooth-talking stranger at the corner of George Silundika Street and 9th Avenue in Bulawayo, a dazed Nomalanga Masina feels like she has just woken up from a bad...Published: 18 Jan 2020 at 05:42hrs | 918 | by Staff reporter
NRZ land wrangle blocks investors
CONTINUED resistance by resettled villagers to vacate a National Railways of Zimbabwe (NRZ) farm in Matabeleland South has frustrated a joint agribusiness partnership between the insolvent parastatal ...Published: 17 Jan 2020 at 06:24hrs | 186 | by Staff repoirter
Britain snub Zimbabwe (UK - Africa Summit)
First and foremost, Zimbabwe economy is literally dead and dysfunctional. Zimbabwe is buffeted by lack of cohesion, lack of capacitation, inconsistencies and the bottom line is there is lack of politi...Published: 14 Jan 2020 at 14:33hrs | 1984 | by Tinashe Eric Muzamhindo
National railways seeks forex exemption
THE National Railways of Zimbabwe (NRZ) has approached Government seeking to be allowed to receive payments in foreign currency from exporters transporting their goods by rail. In ...Published: 13 Jan 2020 at 07:05hrs | 1974 | by Staff Reporter
NRZ-Chinese deal to move 2 million tonnes of iron ore annually
A CHINESE company has expressed interest in engaging the National Railways of Zimbabwe in a deal that will see over two million tonnes of iron ore being transported per year.It has not been ea...Published: 12 Jan 2020 at 08:30hrs | 1441 | by Staff Reporter
10 men attack motorists with knives at Beitbridge road
The Zimbabwe Republic Police have reported that a motorist who was travelling from South Africa was mugged by ten armed men at the 275 km peg along Masvingo - Beitbridge road near Chikago Business Cen...Published: 14 Dec 2019 at 10:34hrs | 4654 | by Mandla Ndlovu
NRZ battle with train derailments
THE National Railways of Zimbabwe (NRZ) has said it is battling with constant train derailments due to climate change that is damaging the obsolete railway line. Some cases are caused by vanda...Published: 14 Dec 2019 at 08:02hrs | 226 | by Staff reporter
NRZ board defies Matiza over US$400 million deal
THE National Railways of Zimbabwe (NRZ) board is defying implementing Transport minister Joel Biggie Matiza's directive to re-tender the entity's US$400 million recapitalisation deal, citing punitive ...Published: 13 Dec 2019 at 08:00hrs | 528 | by Staff reporter
Rebuilding Zimbabwe starts with strong institutions
It is now apparent that Zimbabwe's socio-economic status needs rebuilding and radical reforms if the country is to develop. The economy is set to contract by at least 6.5% in 2019 according to data fr...Published: 09 Dec 2019 at 10:35hrs | 577 | by Victor Bhoroma
Suicidal man saved from roof of Bulawayo's tallest building
A 35-year-old man was rescued after climbing the roof of Bulawayo's tallest building before threatening to jump off.Andrew Banda of Balfour Road in Bellevue was pulled back from the roof of th...Published: 08 Dec 2019 at 15:38hrs | 7092 | by ZimLive
Council names, shames debtors
THE ruling Zanu-PF party is one of City of Harare's biggest debtors and owes the MDC-dominated local authority more than $1,2 million in unpaid rates, NewsDay has learnt.Other debtors who owe ...Published: 03 Dec 2019 at 07:45hrs | 1118 | by Staff reporter
Theft of NRZ scrap metals and spare parts lands women in trouble
Theft of the National Railways of Zimbabwe scrap metals and spares worth over $1 500 have landed three Hwange women in trouble.However the women were lucky not to be jailed as the magistrate j...Published: 01 Dec 2019 at 10:04hrs | 1308 | by Stephen Jakes
Minister Matiza 'lied' to scuttle NRZ deal
Transport minister Joel Biggie Matiza has been accused of deliberately misleading cabinet in a bid to scuttle the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation project.Th...Published: 01 Dec 2019 at 06:11hrs | 546 | by Staff reporter
NRZ spends US$10m on wagon refurbishment
THE National Railways of Zimbabwe (NRZ) has successfully refurbished more than 500 wagons at an estimated cost of US$10 million.NRZ traction and rolling stock Chief Engineer Alfred Gunzo said ...Published: 01 Dec 2019 at 06:02hrs | 120 | by Staff reporter
US$215m lawsuit for Matiza, NRZ
THE Diaspora Infrastructure Development Group (DIDG) has instructed its lawyers Atherstone and Cook Legal Practitioners to sue Transport minister Joel Biggie Matiza and the National Railways of Zimbab...Published: 29 Nov 2019 at 09:55hrs | 1645 | by Staff reporter
Fresh start for NRZ recapitalisation project
Cabinet has ordered the retendering of the National Railways of Zimbabwe recapitalisation project following the cancellation of the US$400 million deal last month. The deal, involving th...Published: 27 Nov 2019 at 06:20hrs | 282 | by Staff reporter
NRZ orders 100 freight cars from Russia
National Railways of Zimbabwe (NRZ) has awarded a contract to Russia's United Wagon Company (UWC) to supply 100 freight cars.Delivery of the 1,067mm gauge railcars is scheduled within 12 month...Published: 13 Nov 2019 at 20:04hrs | 1959 | by Staff reporter
Zimbabwe in debt distress
LACK of transparency in public debt management and the failure to comply with legal stipulations are now manifesting in depressed fiscal space and low domestic resource mobilisation, analysts have sai...Published: 08 Nov 2019 at 05:15hrs | 384 | by Staff reporter
Economic governance framework at the core of Zimbabwe's macro-economic problems
It is now a time-tested fact that the long-term macroeconomic and development outcomes of any society are not narrowly defined by simple answers to simple questions like which individual is presiding ...Published: 01 Nov 2019 at 21:54hrs | 503 | by Dr Nathan Matemera
Mnangagwa facing massive pressure to reshuffle cabinet
PRESIDENT Emmerson Mnangagwa is facing enormous pressure from senior Zanu PF officials and the military to reshuffle cabinet and fire some senior government officials for failing to stem the economic ...Published: 01 Nov 2019 at 06:48hrs | 5369 | by Staff reporter
Economic governance framework at the core of Zimbabwe's macro-economic problems
It is now a time-tested fact that the long-term macroeconomic and development outcomes of any society are not narrowly defined by simple answers to simple questions like which individual is presiding ...Published: 31 Oct 2019 at 13:03hrs | 526 | by Dr Nathan Matemera
Govt yet to formally communicate on DIDG contract cancellation
GOVERNMENT has not yet formally communicated to the Diaspora Infrastructure Development Group (DIDG) concerning the termination of the US$400 million deal meant to revive the National Railways of Zimb...Published: 29 Oct 2019 at 06:57hrs | 292 | by Staff reporter
NRZ signs wagons deal in Russia
A NEW lease of life is beckoning for the troubled National Railways of Zimbabwe (NRZ) after the entity signed a new deal with Union Wagons of Russia here on Tuesday, for the supply of wagons and locom...Published: 25 Oct 2019 at 09:31hrs | 168 | by Staff reporter
Freedom trains from Bulawayo to Harare for sanctions day march
THE National Railways of Zimbabwe (NRZ) will run special free passenger trains for people travelling from Bulawayo to Harare for the Anti-Sanctions march on Friday. In a statement, NRZ Public ...Published: 23 Oct 2019 at 06:03hrs | 1929 | by Staff reporter
Zupco, NRZ ready for anti-sanctions march
The Zimbabwe United Passenger Company (ZUPCO) and the National Railways of Zimbabwe (NRZ) yesterday indicated that they are ready to ferry people from different parts of the country intending to take ...Published: 23 Oct 2019 at 05:53hrs | 394 | by Staff rpeorter
DIDG cries foul after Zimbabwe cancels NRZ, Transnet deal - legal battle looms
A LEGAL showdown is looming between the Diaspora Infrastructure Development Group (DIDG) and government after cabinet this week dramatically terminated the US$400 million National Railways of Zimbabwe...Published: 18 Oct 2019 at 05:32hrs | 447 | by Staff reporter
US$400m NRZ deal divides ministers
CABINET's shock decision this week to cancel the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal won by the Diaspora Infrastructure Development Group (DIDG) and South African ...Published: 18 Oct 2019 at 05:27hrs | 418 | by Staff reporter
Massive NRZ tender cancelled
Government has cancelled the US$400 million deal with Diaspora Infrastructure Development Group-Transnet consortium meant to revive the National Railways of Zimbabwe (NRZ) after the group failed to co...Published: 17 Oct 2019 at 08:42hrs | 16 | by Staff reporter
NRZ mulls setting up shopping malls
THE National Railways of Zimbabwe (NRZ) plans to invest towards construction of shopping malls to transform its main stations to match global standards. Speaking on the sidelines of the NRZ Te...Published: 14 Oct 2019 at 06:38hrs | 697 | by Staff reporter
6 injured as train derails
Six people were injured and have been rushed to a nearby clinic while several others sustained minor scratches after a Bulawayo bound passenger train derailed in the Dorset area of Shurugwi this eveni...Published: 11 Oct 2019 at 21:02hrs | 3157 | by Staff reporter
Mnangagwa reins in Matiza over NRZ
PRESIDENT Emmerson Mnangagwa this week moved to rein in Transport minister Joel Biggie Matiza over his bid to scuttle the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation project by...Published: 11 Oct 2019 at 07:11hrs | 1734 | by Staff reporter
Chiyangwa's loss making company to manufacture and refurbish wagons?
THE Diaspora Infrastructure Development Group (DIDG) has started manufacturing 6 000 rail sleepers for Beitbridge Bulawayo Railway while plans are underway to produce 60 000 more for the National Rail...Published: 09 Oct 2019 at 06:50hrs | 572 | by Staff reporter
Mnangagwa boosts NRZ deal
President Emmerson Mnangagwa yesterday said there was no conflict between him and his Transport minister Joel Biggie Matiza on the US$400 million deal to modernise the National Railways of Zimbabwe (N...Published: 08 Oct 2019 at 06:56hrs | 5970 | by Staff reporter
Mnangagwa, minister cross swords over NRZ
PRESIDENT Emmerson Mnangagwa is on a collision course with Transport minister Joel Biggie Matiza over the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation project, as it reaches cri...Published: 04 Oct 2019 at 07:56hrs | 1241 | by Staff reporter
Cable fault disrupts Zimbabwe - SA train movement
A FAULTY electricity cable that supplies power to the National Railways of Zimbabwe signals grid has disrupted local and regional train movement between South Africa and Zimbabwe through Beitbridge....Published: 26 Sep 2019 at 07:32hrs | 339 | by Staff reporter
In your wildest imagination did you ever envisage Zim would have a reincarnation of the devil Mugabe in Mnangagwa?
The removal of Mugabe was an unexpected early Christmas present in November 2017.We threw away our differences as we cheered the removal of one of Africa's dictators who had brought Zimbabwe on its kn...Published: 26 Sep 2019 at 06:50hrs | 142 | by AT Kadada
Let us not kill the last surviving black companies
It is our black government that was behind the death of Olivine, willowvale, cottco, NRZ, Barbican, just to name a few. We do not want the same to happen to Sakunda and Croco Motors. The Minister of F...Published: 26 Sep 2019 at 06:46hrs | 275 | by Engineer Jacob Kudzayi Mutisi
NRZ says happy with DIDG deal
THE National Railways of Zimbabwe (NRZ) has expressed satisfaction with progress made towards concluding the US$400 million recapitalisation deal with the Diaspora Infrastructure Development Group (DI...Published: 24 Sep 2019 at 07:54hrs | 219 | by Staff reporter
'Majaivana is not my real father!'
"SO here is the bigger shocker, and this painful, I have lived with the wrong clan for 40 years. My father's real name is Abel Khanyi."These were the words of a crestfallen Derick Sipho Majaiv...Published: 22 Sep 2019 at 07:29hrs | 7735 | by Staff Reporter
Minister in plot to scuttle NRZ deal
TRANSPORT minister Biggie Matiza is reportedly manoeuvring to smuggle through the backdoor a Dubai-based firm into the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal, despite...Published: 20 Sep 2019 at 07:22hrs | 774 | by Staff reporter
NRZ to bring 100,000 tons of maize from Tanzania
THE National Railways of Zimbabwe (NRZ) will transport 100,000 tons of corn from Tanzania as the country seeks to overcome a severe shortage of the staple due to drought and floods from a cyclone....Published: 19 Sep 2019 at 17:11hrs | 869 | by Bloomberg
NRZ - DIDG deal awaits guidance from Treasury
The National Railways of Zimbabwe (NRZ) has received the submissions for funding made towards the US$400 million recapitalisation project by Diaspora Infrastructure Development Group (DIDG)/Transnet C...Published: 14 Sep 2019 at 11:19hrs | 379 | by Advocate Martin Dinha
NRZ sues ex-Zanu-PF MP over $45 000 rentals debt
Former Zanu-PF Marondera Central legislator Lawrence Katsiru has been taken to court by the National Railways of Zimbabwe (NRZ) over rental arrears amounting to $45 000.The parastatal issued s...Published: 13 Sep 2019 at 13:01hrs | 542 | by Staff reporter
'Zimbabwe loses US$98 billion due to sanctions'
Foreign Affairs and International Trade Minister, Dr Sibusiso Moyo, yesterday presented a paper to Cabinet, indicating Zimbabwe lost about US$98 billion due to the illegal sanctions imposed on the cou...Published: 11 Sep 2019 at 06:01hrs | 5 | by Staff reporter
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