Articles tagged 'nrz'

Govt courts global investors for State firms privatisation drive 8 October 2018 HARARE – Government is seeking global investors to engage in the privatisation of struggling State-owned companies as part of wide-ranging reforms set in motion by President Emmerson Mnangagwa since he came to power, the Finance and Economic Planning minister Mthuli Ncube has said. A former ba...
Elections delay NRZ recapitalisation 29 August 2018 HARARE - National Railways of Zimbabwe (NRZ) has attributed its failure to finalise its $400 million recapitalisation deal on time due to the election season. Zimbabwe has for the past months been engrossed to the July 30 harmonised election such that business in many sectors was grossly affec...
NRZ, Transnet deal above board 27 August 2018 BULAWAYO - 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 allegedly involved in suspicious procurement of 1 064 diesel and electric locomotives in...
Zim rail freight volumes rise 12 August 2018 HARARE - Zimbabwe's national rail freight volumes are rising ever since government — with the help from the Diaspora Infrastructure Development Group and Transnet (DIDG-Transnet) — started rebuilding the National Railways of Zimbabwe (NRZ). Rail freight volumes rose by 13,5 percent year-on-yea...
Train suicide deaths rise 21 May 2018 HARARE - Thirteen pedestrians plunged to their deaths by jumping in front of moving trains in the first five months of the year, the Daily News can exclusively report. The figure is more than half of what was recorded in the whole of last year, giving a scary picture of what could be lying ahe...
Train deaths rise 21 May 2018 HARARE - Thirteen pedestrians plunged to their deaths by jumping in front of moving trains in the first five months of the year, the Daily News can exclusively report.
SOUTHERN NEWS | NRZ operational capacity peaks 9 May 2018 BULAWAYO - Leased equipment from Transnet has stabilised the National Railways of Zimbabwe (NRZ)'s operational capacity, enabling the parastatal to reach a peak in its operations. President Emmerson Mnangagwa in February unveiled 13 locomotives, 34 passenger coaches and 200 wagons from Transne...
More people now using trains: NRZ 2 May 2018 HARARE - The new passenger coaches recently introduced in the country are proving to be popular with passengers, National Railways of Zimbabwe (NRZ) has said. About a month ago, NRZ introduced new locomotives and coaches, leased from South African rail utility, Transnet, as part of its revival...
Zimra delays NRZ locomotives 30 April 2018 HARARE - National Railways of Zimbabwe (NRZ)'s rolling stock and locomotives unveiled by President Emmerson Mnangagwa on February 21 took over a month to be operationalised as they were held up in Bulawayo by the Zimbabwe Revenue Authority (Zimra) over customs clearance. Mnangagwa unveiled NRZ...
Govt scraps duty for NRZ, AirZim 12 February 2018 HARARE - The government has exempted two struggling parastatals, the Air Zimbabwe and the National Railways of Zimbabwe (NRZ) from paying duty on spare parts. This comes as the government is seeking to revive the rail and air transport system, which has been failing to make a mark, owing to th...
NRZ deal raises questions about the Guptas 22 December 2017 HARARE – Negotiations into a multi-million dollar deal to recapitalise the moribund National Railways of Zimbabwe (NRZ) are dogged by fears that South Africa's ill-famed billionaire family, the Guptas, could make inroads into the Zimbabwean market through their relationship with Transnet, a key p...
Govt failing to deliver on promises, commitments 5 September 2017 HARARE - Last week, President Robert Mugabe’s government announced yet another mega deal in the making. This time around, it’s billionaire Chinese investor, Zhang Li — co-founder and chairman of R&F — whom they are touting as the new survivor of collapsed iron and steel manufacturer Ziscosteel...
'NRZ revival set to boost rail traffic' 12 August 2017 HARARE - The revival of the National Railways of Zimbabwe will help boost the country's ailing economy through increased traffic, Diaspora Infrastructure Development Group (DIDG) has said. DIDG, together with its South African partners, Transnet, this week emerged winners of the NRZ $400 milli...
'NRZ must pursue SA mineral claims' 25 July 2017 HARARE - National Railways of Zimbabwe (NRZ) board and management must actively pursue the mineral claims in South Africa as they could provide an important source of leverage in sourcing funding, Parliament has said. The parliamentary portfolio committee on Transport and Infrastructural Devel...
Govt pressed over delayed NRZ wages 18 July 2017 HARARE - Parliament is pressing the executive arm of government to ensure that it makes delayed salary payments to thousands of workers at struggling State-owned National Railways of Zimbabwe (NRZ). “Employees are owed over $90 million in outstanding salaries while debts have ballooned to a st...
NRZ revamping key for economy 4 July 2017 HARARE - After decades of decline, government has drawn up plans to invest in the country’s stuttering rail company, the National Railways of Zimbabwe (NRZ). NRZ is woven into the country’s national fabric. Carrying passengers across the country’s interior, and exporting agricultural produce c...
The circus goes on, but who cares! 2 July 2017 AUDITOR General (AG), Mildred Chiri, has tabled reports in the National Assembly that make for sad reading. A perusal of the voluminous documents produced by the AG, who must be commended for her courage in telling it like it is, confirms what we had long feared; that there is a complete break...
ZimStats fails to account for $28m: AG 29 June 2017 HARARE - A report by Auditor-General (AG) Mildred Chiri has exposed serious loopholes at the Zimbabwe National Statistics Agency (ZimStat) which failed to account for $28 million used during the 2012 national census — amid concerns over veracity of suppliers’ invoices and suspicious registers of ...
Govt must recapitalise NRZ 29 June 2017 HARARE - Government must release funds to bankroll the National Railways of Zimbabwe (NRZ) to ensure a seamless, safe operation imperative to maintain the fluidity of the national rail network, NRZ artisans have said. “We do not have safety clothing,” Railways Artisans Union (Rau) president Ed...
Train fares slashed 30pc 28 June 2017   HARARE - Train fares are being slashed by a third, the National Railways of Zimbabwe (NRZ) has said, possibly because of lower-than-expected ridership. The cash fare for a one-way trip from Bulawayo to Harare, Bulawayo to Victoria Falls and Bulawayo to Sango Border Post or vice versa will...
'15 parastatals face collapse' 27 June 2017 HARARE - The Auditor-General Midred Chiri (pictured)has warned about the ability of 15 State-owned enterprises to continue as a going concern. In her State Enterprises and Parastatals Report of 2016, the government auditor named Zesa Holdings (Zesa) and its subsidiaries; TelOne, Grain Marketin...
It's time govt acts on AG expose's 27 June 2017 HARARE - The Auditor-General (AG) Mildred Chiri has once again shaken the birdcage, as she unveiled yet more reports exposing the rot in President Robert Mugabe's government  and State-run institutions. According to the 2016 reports, financial indiscipline — gross misappropriation and abuse of...
Duty on NRZ spares scrapped 16 May 2017 HARARE - Government has scrapped duty on the importation of locomotive spares in a bid to revive the cash-strapped National Railways of Zimbabwe (NRZ). This comes as government recently waived import duty on air craft spares, a development which indicates that government may be moving to resus...
NRZ using letters for railroad signals 15 February 2017 HARARE - The National Railways of Zimbabwe (NRZ) is relying on letters to communicate with train operators, risking derailment and collisions, board chairman Larry Mavhima has told Parliament. Giving oral evidence before the parliamentary portfolio committee on Transport on Monday, Mavhima sai...
Inside the coaches of mothballed NRZ fleet 30 January 2017 HARARE - With over 50 percent of its locomotive fleet down, the National Railways of Zimbabwe NRZ) locomotive yard has become a favourite location for image makers such as photographers and videographers. The rusty, broken down coaches and the unkempt grass are visually extraordinary, picture ...