FOURTEEN locomotives, which the National Railways of Zimbabwe (NRZ) paid a deposit for in China in 2011, are yet to be manufactured with the contracted firm demanding full payment or credit guarantees first before completing the job.
THE government is making frantic efforts to revive companies regarded as strategic players to the national economy, a government official has said.
A NATIONAL Railways of Zimbabwe worker is reported to have died at Mater Dei Hospital in Bulawayo yesterday after his legs were crushed by the engine coach he was servicing.
THE GOVERNMENT says it has engaged the Development Bank of South Africa (DBSA) to provide $450 million for the rehabilitation of railways and procuremhent of rolling stock as a way of addressing some of the challenges besetting the railways sector.
THE NATIONAL Railways of Zimbabwe is seeking investors to partner in the construction of a railway line between Kadoma and Sengwa coal fields in Gokwe in anticipation of increased business from coal mining in the area, acting general manager Lewis Mukwada said on Wednesday.
The National Railways of Zimbabwe (NRZ) plans to set up two manufacturing plants in Bulawayo at a combined cost of $14 million to revive its comatose operations laid low by debt, undercapitalisation and mismanagement.
TWO Victoria Falls teenage boys were run over by a goods train on the Victoria Falls-Bulawayo railway line yesterday morning.
THE NATIONAL Railways of Zimbabwe (NRZ) is urgently scouting for close to $40 million to finance rehabilitation projects in the short term as the state enterprise continues to rapidly deteriorate.
A SENIOR National University of Science and Technology (Nust) official has urged local universities to come to the rescue of the economy by leading in research and innovation.