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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 | 1920 | 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 | 365 | 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 | 496 | 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 | 5307 | 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 | 511 | 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 | 281 | 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 | 162 | 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 | 1882 | 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 | 385 | 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 | 438 | 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 | 408 | 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 | 12 | 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 | 687 | 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 | 3138 | 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 | 1723 | 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 | 563 | 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 | 5937 | 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 | 1236 | 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 | 334 | 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 | 136 | 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 | 269 | 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 | 216 | 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 | 7632 | 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 | 772 | 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 | 863 | 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 | 370 | 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 | 538 | 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
NRZ deal back on track
THE National Railways of Zimbabwe (NRZ) recapitalisation project is now back on track after the utility's board yesterday approved a US$420 million funding offer from the Diaspora Infrastructure Devel...Published: 10 Sep 2019 at 05:57hrs | 624 | by Staff reporter
RMS Vehicle pushing tribalism
It has come to my attention that there is a spirited effort by a Mr Chifamba and a Mutakaya and previously "Taruvinga who have since retired, to eliminate all Ndebele people from work at RMS. The case...Published: 09 Sep 2019 at 10:00hrs | 1542 | by Mbonisi Gumbo
High bus fares trigger demand for train service
THE ever-increasing fares of buses servicing long haul routes has resulted in passengers resorting to rail transport as it is more convenient and affordable. Reporters visited the National Rai...Published: 31 Aug 2019 at 18:30hrs | 394 | 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 | 2671 | by Staff reporter
Wrong to blame Zimbabwe crisis on war veterans
I have always been a fan of Zimbabwe Independent. It has an excellent record of providing the nation with sound and truthful analyses of the economic situation in Zimbabwe.The last edition of ...Published: 19 Aug 2019 at 11:54hrs | 262 | by Staff reporter
ZACC goes after Dinha
FORMER Minister of State for Mashonaland Central Province, Advocate Martin Dinha is being investigated by the Zimbabwe Anti-Corruption Commission (ZACC) on allegations of criminal abuse of office duri...Published: 10 Aug 2019 at 08:56hrs | 2125 | 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 | 509 | by Victor Bhoroma
Rail leisure to run steam train to Figtree
The National Railways of Zimbabwe (NRZ) is running a steam train from Bulawayo to Figtree on 10 August 2019 following requests from steam train enthusiasts for regular outings on the aged locomotives....Published: 07 Aug 2019 at 14:44hrs | 1507 | by N Maravanyika
NRZ loses clients to Zupco
THE National Railways of Zimbabwe (NRZ) missed its passenger target in the first six months of the year by five percent to 508 148 people. NRZ public relations manager, Mr Nyasha Maravanyika, ...Published: 29 Jul 2019 at 07:37hrs | 663 | by Staff reporter
Zimbabwe economy needs free-market policies to grow
The introduction of the foreign exchange interbank market by the Reserve Bank of Zimbabwe (RBZ) in February 2019 was a major milestone towards free market economics. Even though there are fears of gov...Published: 28 Jul 2019 at 17:59hrs | 575 | by Victor Bhoroma
NRZ fails to meet demand for passenger services
The National Railways of Zimbabwe (NRZ) carried more than half a million passengers on its commuter and inter-city passenger trains in the first six months of 2019.A total of 508 148 peo...Published: 25 Jul 2019 at 19:22hrs | 898 | by N Maravanyika
NRZ refurbishes 10 locomotives, 336 wagons
THE National Railways of Zimbabwe (NRZ) has completed refurbishment of 10 locomotives and 336 wagons in an effort to boost its fleet and position the entity for increased freight volumes, a senior Gov...Published: 22 Jul 2019 at 08:13hrs | 452 | by Staff reporter
Donald Trump's message to Mnangagwa
US President Donald Trump's administration is ratcheting up the pressure on Harare, saying the time has come for President Emmerson Mnangagwa to make a clear choice between implementing much-needed re...Published: 08 Jul 2019 at 08:31hrs | 16122 | by Staff reporter
Mnangagwa rejects conditions on US money
Zimbabwe has rejected preconditions set by the US government to access a US$60 billion facility availed to the African continent at the recent US-Africa Summit held in Mozambique. This was sai...Published: 06 Jul 2019 at 10:01hrs | 1693 | by Staff reporter
NRZ eyes regional markets for turnaround
GOVERNMENT plans to improve the interconnectivity of the National Railways of Zimbabwe with other countries in the region to improve the parastatal's market share and revenue, a Cabinet Minister said ...Published: 14 Jun 2019 at 07:51hrs | 282 | by Staff reporter
NRZ misses revenue target
THE National Railways of Zimbabwe (NRZ) generated ZWL$29,4 million revenue in the first quarter of the year, ZWL$4 million short of its ZWL$33,4 million target, an official has said.NRZ spokes...Published: 04 Jun 2019 at 07:17hrs | 639 | by Staff reporter
NRZ demands US Dollars
National Railways of Zimbabwe has joined the list of government departments which are now charging clients in United States Dollars.In a statement the parastatal said due to the fluctuat...Published: 31 May 2019 at 10:36hrs | 7420 | by Mandla Ndlovu
A uniquely Zimbabwean problem
As inflation, among other key economic indicators, keeps worsening at a pace reminiscent of the 2008 experience, public demands, often through protests, for dollarisation have become more pronounced. ...Published: 30 May 2019 at 07:58hrs | 1387 | by Livison Bhebhe
Mnangagwa's 'Open for business' mantra collapses
THE surprise move by major gold producer Metallon Corporation to sue the government over its failure to pay for gold deliveries commensurately has brought into sharp focus the country's continued fore...Published: 24 May 2019 at 07:31hrs | 1954 | by Staff reporter
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 | 865 | 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 | 2554 | 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 | 1010 | by Staff reporter
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