NRZ BOARD DEFIES MINISTER

THE National Railways of Zimbabwe (NRZ) board is defying
implementing Transport minister Joel Biggie Matiza’s directive to re-tender the
entity’s US$400 million recapitalisation deal, citing punitive legal
implications associated with the move.

Fo…

THE National Railways of Zimbabwe (NRZ) board is defying implementing Transport minister Joel Biggie Matiza’s directive to re-tender the entity’s US$400 million recapitalisation deal, citing punitive legal implications associated with the move. Following cabinet’s decision in October to cancel the NRZ’s US$400 million tender awarded to the Diaspora Infrastructure Development Group (DIDG) in