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*DIDG 'Pursuing NRZ Deal To The End'* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?at The Diaspora Infrastructure Development Group (DIDG) says it will pursue the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal to the end following its cancellation by the government last year. DIDG chairperson Donovan Chimhandama told NewsDay Business that the consortium will continue pursuing all options at its disposal with the singular aim of implementing the transaction. Said Chimhandama: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > There hasn’t been much movement because of this lockdown. They wrote to us saying they intend to cancel the tender. > They asked for a meeting but at the moment because we are not allowed to travel, there isn’t much we can do. > There hasn’t been any progress but our position still stands, we are pursuing NRZ to the end. In 2019, the Zimbabwean government cancelled the US$400 million deal signed more than two years ago with the DIDG saying the group had failed to comply with contractual timelines. After the termination of the deal, DIDG threatened NRZ with a US$215 million lawsuit for missed opportunities and other related costs. *More: NewsDay* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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