VID impounds Zupco buses
Operations at Zupco have been grounded for more than a week over fuel shortages with mismanagement cited as one of the reasons the company is sinking in problems.A NUMBER of … Read More
Category: Logistics
Chinese firm completes study on NRZ
THE National Railways of Zimbabwe (NRZ) says the feasibility study on an investment deal with a Chinese company has been concluded and a report on this will be out soon. … Read More
Zimbabwe named among top countries blocking airline funds
Zimbabwe owes international airlines a total of US$69 million in funds that could not be repatriated, according to the International Air Transport Association (IATA). Money or capital realised when a … Read More
Unifreight banks on tobacco transport despite slow start
Listed logistics firm Unifreight Africa Limited is upbeat on improved performance in the 2024 financial year and going forward supported by the tobacco industry despite starting the year on a … Read More
Unifreight banks on fleet expansion to drive earnings growth
TRANSPORT and logistics company, Unifreight Africa is banking on its investment in fleet expansion and quality contracts to drive the group’s earnings growth. The firm has been on a recapitalisation … Read More
NRZ, Zimasco partnership pays off
THE Public-Private Partnership (PPP) between the National Railways of Zimbabwe (NRZ) and Zimbabwe Mining and Smelting Company (Zimasco) has seen the refurbishment of 51 NRZ wagons specifically designated for transporting … Read More
NRZ targets mining sector…Diverting traffic from road to rail
THE National Railways of Zimbabwe (NRZ) is strategically shifting mining traffic from roads to rail in response to Zinara’s concerns about the damage caused by heavy cargo on the country’s … Read More
Vandalism, theft threaten NRZ operations
THE spate of theft and vandalism of the railway transport infrastructure is increasingly becoming a threat to economic viability while also endangering human lives and crippling bulk commercial cargo movement, … Read More
Mutapa input into NRZ finance critical
Among the large portfolio that the new Mutapa Investment Fund is holding is the National Railways of Zimbabwe, almost certainly the oldest entity in the portfolio and the biggest, with … Read More
NRZ on track for US$115m Afreximbank facility
THE National Railways of Zimbabwe (NRZ) is making headway on its efforts to secure the US$115 million loan facility from the African Export-Import Bank (Afreximbank) after the Government approved the … Read More
