ZINARA clears US$206m highway loan

The Zimbabwe National Road Administration (ZINARA) has fully repaid its US$206 million loan from the Development Bank of Southern Africa (DBSA), a settlement that closes a major financial obligation tied to the rehabilitation of one of the country’s key transport corridors.

ZINARA board chairperson George Manyaya confirmed the settlement, saying the debt had financed the reconstruction of the strategic Plumtree–Bulawayo–Harare–Mutare highway.

The repayment brings closure to a major financial obligation associated with the rehabilitation of the highway, which connects major urban centres and supports the movement of goods and people.

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