Thursday, July 16

National RAILWAYS of Zimbabwe ( NRZ) set for transformation as govt prioritises rail infrastructure

THE National Railways of Zimbabwe (NRZ) is set for a major transformation as the government moves to revitalise the country’s railway system to modern standards.

 

 

 

 

NRZ has been struggling for years with ageing infrastructure and outdated systems, but a new wave of optimism is emerging as the NRZ board, under the leadership of Chairperson, Dr Misheck Sibanda, set sights on aligning operations with modern regional standards.

During his engagement with NRZ management in Bulawayo this Thursday, Dr Sibanda emphasised the need to accelerate reforms and position Zimbabwe as a central logistics hub in Southern Africa.

 

 

 

 

 

“Our focus is on bringing NRZ to modern regional standards. This is about efficiency, safety, and ensuring that Zimbabwe’s railway system can compete at the highest level in the SADC region. We must open up to expertise from our citizens abroad and partners beyond our borders,” Dr Sibanda said.

“Revamping NRZ requires the best knowledge available to ensure we build a system that is efficient, modern and sustainable. What we are going to do as NRZ is to ensure that we fulfil President Emmerson Mnangangwa’s vision of an upper-middle-income society by 2030.”

 

 

 

 

Government’s push to revamp the railways is in line with the Second Republic’s broader infrastructure development thrust, which has already seen significant investment in road networks, energy and airports.

Zimbabwe is expected to conclude a US$600 million agreement with China Railway International Group this year to rehabilitate the country’s railway infrastructure.

 

 

 

 

 

The investment is expected to upgrade locomotives, tracks and signalling systems.

The revitalised railway is set to significantly boost regional trade competitiveness, spur economic growth and lower the cost of doing busines

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Best Business Credit Cards for Small Business Owners

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The best business credit card depends on how your business spends money. Some cards offer cash back on office supplies, fuel, internet, phone service, shipping, restaurants, or travel. Others offer flat-rate rewards on all purchases. If your spending is spread across many categories, a flat-rate card may be easier to manage.

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Before applying, compare the annual fee. A card with a high annual fee may still be worth it if the rewards, travel credits, or business benefits exceed the cost. However, for smaller businesses, a no-annual-fee card may be a better starting point.

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Interest rate is also important. If you pay your balance in full every month, the interest rate may not matter as much. But if you carry a balance, a high APR can quickly become expensive. Business owners who need financing should compare credit cards with other options such as business lines of credit or small business loans.

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Some business credit cards offer employee cards. This can make it easier to control spending and track purchases by employee. Look for cards that allow spending limits, alerts, and category controls.

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Rewards can be valuable, but they should not encourage unnecessary spending. A good rule is to choose a card that rewards expenses you already have. For example, if your business spends heavily on advertising, a card with bonus rewards for digital ad purchases may be useful.

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A business credit card should support your financial system, not replace responsible budgeting. Track expenses monthly, pay on time, and avoid mixing personal purchases with business transactions.

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When used wisely, a business credit card can help small business owners improve organization, earn rewards, and manage short-term expenses more effectively.

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