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*ZINARA Raises $117 Million For Road Rehab* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?rf Zimbabwe National Road Administration (Zinara) corporate communications manager Augustine Moyo last week revealed that the parastatal has raised $117 million for road infrastructure. The Ministry of Finance is expected to chip in with an additional a $50 million. Said Moyo: ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > Government’s Roads Reclamation and Development Programme, which is already underway, seeks to reclaim and transform our roads into a world-class network. > It is against this background that Zinara has mobilised $62 million from the $150 million Infrastructure Bond for 2019. > The $62 million has already been disbursed to the Department of Roads for the Harare-Masvingo-Beitbridge highway. > We also currently have another approved bond for roads with CABS/Old Mutual of $150 million, of which we have raised $55 million on a private placement basis. These are two-year bonds. *More: The Sunday Mail* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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