NRZ makes new board appointments
NATIONAL Railways of Zimbabwe (NRZ) has made three new appointments to its board including former Zimbabwe Tourism Authority (ZTA) chief executive officer, Winnie Muchanyuka.
The other two new members are: Simbarashe Chinyemba and Norman Mhondiwa.
Reads part of the statement: “As NRZ, we are happy that the three eminent business leaders bring with them diverse critical skills that will be key to the NRZ’s turnaround.
“Given their immense qualifications and experience, there is absolutely no doubt the NRZ will benefit immensely from their contributions to the company.”
NRZ, one of the parastatal’s under the Mutapa Investment Fund, is key to the country’s economic revival and so far due to the absence of an efficient railway system, concerns have been raised over the extent at which Zimbabwe’s road network was being damaged as bulk goods are transported by haulage trucks.
In line with Vision 2030, NRZ embarked on stabilising the “ship and preventing it from further sinking”.
The strategies for recapitalisation, re-organisation and transformation are aimed at making NRZ a “modern and efficient mode of transporter of choice for both bulk passengers and freight especially with regards to the attainment of the US$12 billion mining industry”.
The NRZ adopted a phased approach to its strategic plan covering the period 2020 -2030 aimed to turn around its fortunes and the above initiatives were mainly addressing short-term requirements. The three phases are intertwined spreading over the strategic horizons namely the short-term, medium-term and long-term.-ebsinessweekl
