Browsing Tag

Development Bank of Southern Africa

Drowning under US$206m DBSA loan, ZINARA disburses US$137m for roads

Feb 24, 2022 16,131

The Zimbabwe National Road Authority (ZINARA) is set to disburse ZWL 17 billion (US$137 096 774) towards road rehabilitation to 93 road authorities across the country.
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Business

Zinara up to date with DBSA payment

Jun 14, 2018 10,551

The Zimbabwe National Road Administration (Zinara) has repaid half of the $206 million loan from the Development Bank of Southern Africa (DBSA), secured to finance the rehabilitation of the 860 km Plumtree – Harare – Mutare Highway.
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Business

Zinara collections not enough: Govt

May 23, 2018 12,862

The cash-strapped government has said money collected by the Zimbabwe National Roads Administration (Zinara) was not enough to rehabilitate the bad road network across the country.
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Business

Moza, Zim, SA power project on cards

Apr 5, 2018 10,703

The Development Bank of Southern Africa (DBSA) is set to inject over $190 million towards the construction of a new power transmission line linking Mozambique, Zimbabwe and South Africa (MoZiSa).
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Business

Zinara paying South African tycoon $300 000 monthly

Aug 31, 2016 691

By Tendai Mugabe South African businessman Mr Niko Shefer is reportedly siphoning millions of dollars from the Zimbabwe National Roads Administration as facilitation fee for the $206 million loan accessed from the Development Bank of…
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Business

NRZ recapitalisation under threat

Aug 22, 2014 341

A recapitalisation deal for the National Railways of Zimbabwe (NRZ) has been stalled by a procurement dispute between government and the Development Bank of Southern Africa (DBSA).
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Business

Zimbabwe short-changing its small-scale farmers

Jan 29, 2014 436

A Zimbabwe state mechanism designed to promote food security is being blamed for exacerbating the country’s chronic food shortages.
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