The Diaspora Infrastructure Development Group (DIDG) has written to its shareholders advising them on the range of options available to the consortium in its spirited bid to salvage the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation bid that was controversially terminated by government last year.
This comes after the consortium indicated that it would slap the NRZ with a US$215 million lawsuit if it proceeded ahead with re-tendering the multi-million dollar NRZ recapitalisation transaction which Treasury was assessing before it was terminated by cabinet at the behest of Transport and Infrastructure Development minister Joel Biggie Matiza.
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