National Railways of Zimbabwe have refuted claims that transport minister, Joel Biggies Matiza was plotting to smash the NRZ and Diaspora Infrastructure Development Group (DIDG)/Transet Consortium US$400 million deal.
Reports had suggested that Matiza intended to bring in a Dubai-based firm, Feonirich Investments LLC to partner NRZ in its recapitalisation process.
Mr Nyasha Maravanyika, NRZ public relations manager, in an interview with Nehanda Radio, dismissed the allegations saying Matiza had given the nod to the process. He added:
Whatever resolution that NRZ makes, it passes through our Minister of Transport and Infrastructural Development. And if the Minister does not accede to the resolution, the resolution does not go to Government.
As we stand after our resolution, the Minister (Matiza) has acceded to that and taken our resolution to Government and also to Treasury to determine the financial strength of the submissions by the prospective investor.
Maravanyika added that the allegations were reckless and were meant to divert the credit that the partners to the NRZ recapitalisation project have achieved.
He added that he was impressed by the transparency and accountability the deal had. Maravanyika also said that NRZ was now waiting for the Government’s guidance on the matter.
More: Nehanda Radio