Government hails Mutapa, NRZ rail recapitalisation initiatives
Zimbabwe's Transport Minister Felix Mhona has praised the Mutapa Investment Fund and the National Railways of Zimbabwe for their $400 million rail recapitalization project. The initiative aims to shift bulk freight from roads to rail to boost long-term economic development.
Why it matters
Improving rail infrastructure is critical for regional trade and reducing the logistical costs of moving goods across Southern Africa.
TRANSPORT and Infrastructure Development Minister, Felix Mhona has commended the Mutapa Investment Fund (MIF) and the National Railways of Zimbabwe (NRZ) recapitalisation initiatives saying such efforts will spur economic development in the long term.
The article reports on government initiatives and ministerial statements in a standard news format.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in