Zimbabwe National Railway Secures $5 Mln Dollar Loan

Video Player is loading.
Current Time 0:00
Duration 0:00
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
 
1x
Published
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