ZINARA settles US$206 million DBSA loan for highway upgrades

ZINARA settles US$206 million DBSA loan for highway upgrades

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The Zimbabwe National Road Administration (ZINARA) has fully repaid a US$206 million loan from the Development Bank of Southern Africa (DBSA). The loan, issued in 2011, funded rehabilitation and upgrades of the 860-kilometer Plumtree-Bulawayo-Harare-Mutare highway. This repayment was announced at ZINARA's 10th annual general meeting in Harare by board chairman George Manyaya.

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Originally published by gnews