Business Reporter
The National Railways of Zimbabwe (NRZ) has appointed three new board members:
- Winnie Muchanyuka (former Zimbabwe Tourism Authority CEO)
- Simbarashe Chinyemba
- Norman Mhondiwa
These appointments bring diverse skills to the NRZ board, aiming to support the company’s turnaround strategy.
NRZ Turnaround Strategy:
- Recapitalization
- Re-organization
- Transformation
Goals:
- Become a modern and efficient transport mode
- Achieve US$12 billion mining industry target by 2030 (Vision 2030)
- Reduce road network damage by promoting rail transport for bulk goods
Strategic Plan (2020-2030):
- Short-term (2020-2025): Addressing immediate challenges
- Medium-term (2025-2028): Implementing transformation initiatives
- Long-term (2028-2030): Consolidating gains and ensuring sustainability
The NRZ is crucial to Zimbabwe’s economic revival, and these appointments are expected to contribute to its success.
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