Recommendations
The Committee makes the following recommendations:
The Plumtree to Mutare Highway Project
The Committee makes the finding that the Plumtree-Mutare Highway Project, covered by the Development Bank of Southern Africa Limited (DBSA) and Infralink (Private) Limited was a proper PPP, covered by the definition of a PPP in international law and Zimbabwe’s Joint Venture Act [Chapter 22:22]
The Committee makes the finding that Zimbabwe must express gratitude to the Republic of South Africa and to DBSA for providing a loan of US$ 206 million at a time no other country was willing to provide Zimbabwe with any resources.
The Committee makes the findings that, Zimbabwe must therefore honour its contracts in respect of the Plumtree to Mutare Highway Project.
However, to the extent that some of the conditions of this contracts are now too onerous for ZINARA, the Committee makes the finding that ZINARA must renegotiate these contracts to suit the limited scope and capacity.
Recommendation
The Minister of Transport is directed, within three months of the presentation of this report to Parliament to present a report to Parliament on the Plumtree-Mutare Highway Project and all other incidental issues including the result or status of the renegotiation process.
(314 VIEWS)
This post was last modified on April 25, 2021 6:38 pm
Former United States ambassador to Zimbabwe, Charles Ray, says the decision by Zimbabwe President Emmerson…
Dollarisation of revenue in Zimbabwe increased by 7 percentage points last year when it should…
United States Secretary of State Marco Rubio today said the United States is looking forward…
The real test for Zimbabwe’s currency, the Zimbabwe Gold(ZiG), has now begun after the government…
A group of plotholders at Irene Farm outside Mutare, but under Mutasa District, have been…
Life may be tough for most Zimbabweans but in terms of income, Zimbabwe is better…
View Comments