Zimbabwe Paying SA Tycoon U.S.$300,000 Monthly

The government has been reportedly paying millions as a facilitation fee for a loan accessed from a development bank.

Road construction in Zimbabwe (file photo).

  • Zimbabwe:   Tycoon Clears Air On Zinara Deal

    The Herald, 1 September 2016

    South African businessman Mr Niko Shefer, who facilitated the $206 million for Zinara to refurbish the Plumtree-Mutare Highway, yesterday said he has renegotiated his facilitation… Read more »

  • Zimbabwe:   Govt Needs U.S.$5 Billion for Roads Rehab

    The Herald, 22 June 2016

    Government requires $5 billion for the refurbishment of the country's road network,Transport and Infrastructural Development Deputy Minister Michael Madanha has said. The stretch… Read more »

  • Zimbabwe:   Government Rejects Highway Funding

    Financial Gazette, 7 April 2016

    THE cash-strapped government has revealed that it turned down funding from an undisclosed potential investor for the dualisation of the 900 kilometre Beitbridge-Harare-Chirundu… Read more »

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