WATCH: Canadian firm seeks to rehabilitate Zim railway system


By ZBC Reporter
A CANADIAN company with mining interests in Africa has expressed willingness to rehabilitate the railway line connecting four countries in the Sadc region, including Zimbabwe. The company, Ivanhoe Mines Limited, has operations in South Africa and the Democratic Republic of Congo (DRC).
Yesterday, former South African President Kgalema Motlanthe paid a courtesy call on President Mnangagwa in Maputo before the inauguration of Mozambican president Filipe Nyusi, where he conveyed the company’s interest. In an interview with Zimbabwean journalists before he returned home, President Mnangagwa said the proposal presented an opportunity to modernise Zimbabwe’s railway system.
“He (President Motlanthe) had a very interesting project. There is a company in the DRC and it’s a huge Canadian company which has investments in South Africa and also in the DRC.
“They would want to modernise the railway line from DRC through Zambia, Zimbabwe and South Africa and this requires the cooperation of the four States.
“For us, this is an opportunity for Zimbabwe’s railways to benefit from the regional expansion and modernisation of the railway system,” President Mnangagwa said.
The Government recently cancelled a tender it had awarded to DIDG-Transnet consortium for the recapitalisation of NRZ after it allegedly failed to fulfil its contractual obligations. Ivanhoe, formerly called Ivanplats, is based in Vancouver, Canada, and its projects include the platinum Platreef project located in the Northern Limb of South Africa’s Bushveld Complex and the Kipushi project on the DRC copper belt.