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Zimbabwe United Passenger Company

Massive corruption claims rock procurement of 550 buses for ZUPCO

The Zimbabwe United Passenger Company (ZUPCO), which now is now part of the country’s sovereign wealth fund, called Mutapa Investment Fund, an alleged shadowy launchpad for large scale looting of Zimbabwe’s natural resources and economic wealth, will this year take delivery of 550 buses that were allegedly procured under dubious circumstances involving the floating of tender procedures, Nehanda Radio can exclusively reveal.

Local bus assembly begins

The latest development comes as 100 new buses acquired by the Zimbabwe United Passenger Company are set to arrive in Durban on Thursday enroute to Harare.

Zupco forex fares spark outcry

Zimbabwe United Passenger Company (Zupco) has started charging fares in foreign currency alongside local currency, but passengers have decried the disregard for official exchange rates.