Zimbabwe's national Railway company has secured a 5 million dollar loan from a local bank to repair its ageing fleet, as it pursues a longer term investment to resuscitate operations. NRZ infrastructure, which includes the rail and locomotives, has deteriorated in the last two decades. The situation was made worse by a slump in economic activity that translated into low volumes for the rail transport.
- Category
- Zimbabwe
Be the first to comment
Up Next
Autoplay
-
02:48
Uganda secures $300M for crude oil pipeline
-
02:30
Zimbabwe Residents Abandon South African Rand As It Falls Against U.S Dollar
-
02:52
Bond Notes Replace U.S. Dollar As Dominant Currency In Zimbabwe
-
02:19
Sierra Leone: Bio secures second term as opposition leader rejects results
-
05:22
Zimbabwe’s gold-backed ZiG rises against dollar for second day
-
01:06
Zimbabwe Secures $200m To Import Maize
-
01:01
Zimbabwe is Canceling a Deal To Recapitalize the National Railways of Zimbabwe-VOA60 Africa 10-17
-
04:48
Zimbabwe Government Hoping To Boost Dollar Reserves After Leaf Sales
-
06:36
IMF Lifts Restrictions Following Zimbabwe's Clearance Of Loan Arrears
-
01:05
Zimbabwe's government imposes national lockdown
-
59:15
The Chinese are Coming
-
01:55
Sudan: Miners face harsh conditions as they search for gold in desert
-
03:11
Mugabe: Zanu PF Says Heroes Acre Only For Party Supporters
-
01:30
Coronavirus: South Sudan reports first case
-
01:12
Polls open in Zambia elections, President Edgar Lungu casts vote
