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*Canadian Firm To Upgrade Part Of Zimbabwe's Railway - Report*

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A Canadian Firm through former South African President Kgalema Motlanthe approached the president whilst he was in Mozambique to negotiate a railway upgrade deal on behalf of a Canadian firm Ivanhoe Mines Limited, The Herald reports

This was revealed by President Mnangagwa when he spoke to journalist in Mozambique before he returned home. The president said:

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> He (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.

Ivanhoe Mines’ bid is coming a few short months after diaspora investment group DIDG’s bid to recapitalise NRZ fell apart and the government ordering NRZ to retender the project.

More: The Herald

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