Articles tagged 'transport'

I won't resign — Gumbo 10 October 2018 HARARE – Energy and Power Development minister Joram Gumbo has stuck to his guns, declaring that he will not resign despite pressure from stakeholders peeved by the worsening fuel situation. This follows calls for his resignation for allegedly misleading the nation into believing that the coun...
Broke Air Zim nears collapse 26 March 2018 HARARE - So bad has the financial and operational rot ravaging Air Zimbabwe become, that the flag carrier can now barely manage to ferry its domestic and international passengers — who are increasingly enduring horrendous flight cancellations and reschedulings. Read full story in today's paper...
Troubled AirZim seeks $190m 5 March 2018 HARARE - Beleaguered national flag carrier, Air Zimbabwe (AirZim), is pleading for a $190 million capital injection from its sole shareholder, government, to fund its revival. Saddled with a debt overhang of over $300 million, the State-run airline has an ambitious plan to acquire several plan...
'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 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...
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...
'Air Zim pilots frustrated' 30 March 2017 HARARE - Air Zimbabwe pilots are working under appalling conditions, Parliament has been told. Presenting a parliamentary portfolio committee report on Transport and Infrastructural Development, chairperson of the committee Dexter Nduna said the poor working conditions had fast- tracked brain ...
Air Zim fails to submit financials in 8 years 22 March 2017 HARARE - State-owned Air Zimbabwe (Air Zim) has failed to fulfil the obligation to submit financial statements for audit for the past eight years. The insolvent airline — grappling with $300 million in debt — is currently working on the 2010 financial statements, according to the office of the...
Air Zim to reinstate 300 fired workers 21 February 2017 HARARE - National carrier, Air Zimbabwe, has been ordered by the Labour Court to reinstate about 300 workers it fired nearly two years ago. Air Zimbabwe chief executive Ripton Muzenda told a parliamentary portfolio committee on Transport and Infrastructure Development chaired by Chegutu West Z...
AirZim needs urgent recapitalisation 21 February 2017 HARARE - With critical losses having washed out cash and the national airline sinking deeper into financial dire straits, it remains to be seen how quickly the anchor shareholders of the stuttering carrier — the government — will come up with a rescue package. The ongoing financial crisis expo...
Air Zim needs good management 14 February 2017 EDITOR — The Finance minister must not act as if he is an agent of some aircraft manufacturers. AirZim needs not buy new air craft. It can lease them. All it needs, however, are the following: — Working capital, say $100 million to fund some severance packages, pay expenses for the first six m...
Muzenda appointed new Airzim boss 16 August 2016 HARARE - National Airline, Air Zimbabwe (Airzim), has appointed Ripton Muzenda as its new chief executive. Muzenda, who is son to the late Vice President Simon Muzenda, takes over from Edmund Makona who has been in an acting capacity since September 2013. The qualified pilot already has his...
Air Zim seeks new synergies 16 May 2016 HARARE - Government has finally given debt-saddled Air Zimbabwe the green-light to seek an investment partner to help in its revival efforts. Presently, the airline is struggling to service a lease agreement of $200 000 per month per plane for the two A320 aircraft leased from China Sonangol s...
New kombi management system on cards 21 March 2016 HARARE - Harare City Council (HCC) has engaged a local company that will be setting up a pilot project that will manage commuter omnibuses as well as billboards advertisement so as to avoid leakages. In minutes of the environmental committee, Southern Region Trading approached HCC with the pro...
AfDB to fund Zim transport system study 7 January 2014 HARARE - The African Development Bank (AfDB) is set to commission a $1,5 million Zimbabwe national transport master plan study aimed at providing the framework for the sustainable development of the transport sector to stimulate economic growth and reduce poverty. The study — to be implemented...
'Zim not ready for urban tollgates' 19 November 2013 HARARE - Munesuishe Munodawafa, permanent secretary for Transport and Infrastructural Development, said yesterday government was not yet ready to introduce urban tollgates as more consultations were needed on the matter. Presenting oral evidence before the parliamentary portfolio committee on ...
Overhaul urban transport before e-tolling 4 October 2013 EDITOR ? The Ministry of Transport is planning to introduce tollgates in urban areas according to recent press reports. It is not yet clear whether these tollgates will be manual or electronic, but the electronic road pricing system is preferred as it is efficient and eases congestion as oppos...