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Investment: National Railways of Zimbabwe opens its network to private actors

06/09/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Dans le but to increase freight volumes that have collapsed after decades of under-investment, Zimbabwe's public rail operator has opened its network & agrave; private actors, including a unit of the South African company

Grindrod.

The South African logistics company is positioning itself for freight rail partnerships in southern Africa, as underfunded public operators open their faulty networks to private investors. In reality, in the 1990s, National Railways of Zimbabwe carried 12 million tons of goods per year, in reality, in the 1990s, National Railways of Zimbabwe transported 12 million tons of goods per year, but today it handles less than 3 million tons of goods per year, but today it handles less than 3 million tons of goods tonnes due to a lack of locomotives and poor maintenance of its rail infrastructure. The company recently entered into a partnership with the DRC's inland railways company and says it is ready to partner with the South African company Transnet, which is also considering opening its network to private actors

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