The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) Group Finance Director Mr. Eliab Chikwenhere says there is urgent need for investment in capital-intensive projects such as Hwange Electricity Supply Company (HESCO), as a way to improve power generation in the country. HESCO is a $1,5 billion project funded by China Exim Bank, Sinohydro and the […]

The National Railways of Zimbabwe (NRZ) has concluded a feasibility study with Chinese company TransTech, a subsidiary of China Railway International Group. The study explores a potential $533 million investment for modernizing rail systems which will see the provision of locomotives and other rail equipment, construction of a new Beitbridge-Harare railway line as well as […]

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