It also recommended the appointment of a new board after it found out that NRZ officials were operating without supervision or being accountable to anyone. A new board, headed by Khotso Dube, was only put in place recently.
But analysts said it would be a tall order for Dube to turn around the loss-making entity. “For the past 30 years no investment has been put into railways,” noted Mudzuri. “You will notice that all the wagons we are using were bought by Ian Smith. The money is not being put where it is supposed to go.”
Chitambara urged government to partner with the private sector to ensure speedy and efficient infrastructural development in the country. “However, the problem is the high political risk,” said Chitambara.
“Most investors are wary of the indigenisation and empowerment law. They are very hesitant.”
