Published: 22 February 2018

The National Railways of Zimbabwe (NRZ) expects financial closure on the $400 million recapitalization deal with the Diaspora Investment Development Group (DIDG)/ Transnet Consortium by June 2018, an official has said.

NRZ general manager, Lewis Mukwada said the equipment, commissioned by President Emmerson Mnangagwa yesterday, was not procured using the $400 million.

Mnangagwa urged the parties in the deal to move swiftly to conclude outstanding matters for a win-win outcome.
- newsday

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