TRANSPORT & TOURISM

NRZ says happy with DIDG deal

THE National Railways of Zimbabwe (NRZ) has expressed satisfaction with progress made towards concluding the US$400 million recapitalisation deal with the Diaspora Infrastructure Development Group (DI...

By Staff reporter | Published: 24 September 2019
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TRANSPORT & TOURISM

NRZ $400m deal still on - DIDG

THE $400 million National Railways of Zimbabwe (NRZ) recapitalisation deal is still on track with six financiers having shown interest to release close to $1 billion to fund the project. In 2017, NRZ ...

By Staff reporter | Published: 01 January 2019
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BUSINESS NEWS

DIDG scheme targets investors abroad

THE Diaspora Infrastructure Development Group (DIDG) has appointed Imara Corporate Finance and EY South Africa as its advisors to set up the Collective Investment Scheme meant to allow other Zimbabwea...

By Staff reporter | Published: 19 July 2018
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CONSTRUCTION & PROPERTY

DIDG acquires Fort Concrete

The Diaspora Infrastructure Development Group (DIDG) has acquired stake in Gweru base reinforced concrete structures manufacturer, Fort Concrete. People familiar with operations said that DIDG which r...

By Staff reporter | Published: 22 June 2018
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TRANSPORT & TOURISM

DIDG / Transnet delegation tours NRZ facilities

A delegation from the Diaspora Infrastructure Development Group (DIDG)/Transnet Consortium was in the country last week for a due diligence engagement with the National Railways of Zimbabwe (NRZ) mean...

By Staff reporter | Published: 07 May 2018
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BUSINESS NEWS

DIDG eyes NetOne

THE Diaspora Infrastructure Development Group (DIDG) is looking at the possibility of investing in State-owned telecommunications company, NetOne.DIDG executive chairman Mr Donovan Chimhandamba said t...

By Staff reporter | Published: 28 February 2018
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BUSINESS NEWS

DIDG to deliver 13 locomotives, 200 wagons

The Diaspora Infrastructure Development Group, in partnership with South Africa's Transet will next week deliver the Transet will next week deliver the first consignment of 13 locomotives and 200 wag...

By Staff reporter | Published: 09 February 2018
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