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NRZ books are very bad to the extent it is difficult to attract partners says Gumbo

Appearing before the Senate, Transport Minister, Joram Gumbo revealed that the National Railways of Zimbabwe (NRZ)’s books are in a bad state making it difficult to attract investors.

Said Gumbo:

Just yesterday (Wednesday) we presented a paper to Cabinet to look at options to resuscitate NRZ, but the problem is that their books are very bad to the extent it is difficult to attract partners, but we are negotiating with different companies for partnership.

Gumbo recently told journalists that the death of NRZ has forced transporters to move heavy loads such as granite stone, coal and raw minerals by road. Said Gumbo:

When we construct roads it is done in such a way that some roads are only meant for light vehicles and medium toll vehicles like the Harare Bindura road, but that road is now being used by trucks which carry up to 50 tonnes of black granite stones and this is now destroying the road. The point is that rail, which is supposed to provide transport for such heavy stones is not working properly and, therefore, people are forced to use the road.

More: NewsDay

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