http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.15Change: 0.09
R/$ = 10.69Change: 0.05
Au 1279.62 $/ozChange: 4.67
Pt 1419.00 $/ozChange: -1.20
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Sep 14, 2012

Railway investments needed to cope with Zimbabwe coal growth

Back
Beitbridge|Construction|Harare|CoAL|Development Bank Of Zimbabwe|Locomotives|Projects|Resources|Road|Roads|System|Systems|Zimbabwe|USD|Electrification Systems|Km Railway Network|Mining|Railway Network|Systems|Transport|Unserviceable Railway Signal Systems|Alex Machimbirike|Indaba|Infrastructure|Mufaro Gumbie|Rail|Locomotives
Construction||CoAL|Locomotives|Projects|Resources|Road|Roads|System|Systems|||Mining|Systems|Transport||Indaba|Infrastructure|Rail|Locomotives
beitbridge|construction|harare|coal|development-bank-of-zimbabwe|locomotives|projects|resources|road|roads|system|systems-company|zimbabwe|usd|electrification-systems|km-railway-network|mining|railway-network|systems|transport-industry-term|unserviceable-railway-signal-systems|alex-machimbirike|indaba|infrastructure|mufaro-gumbie|rail|locomotives-product
© Reuse this



HARARE (miningweekly.com) – In its current state, Zimbabwe’s railway network would not be able to accommodate the anticipated growth in the country’s coal sector, Zimbabwe Ministry of Transport, Communications and Infrastructural Development principal director Mufaro Gumbie said this week.

With sufficient financial assistance, Zimbabwe’s coal production was expected to reach seven-million tons a year, from two-million tons forecast for 2012.

“The rail system, as it is, will not be able to cope with the movement of the quantity of coal that will be required,” Gumbie told Mining Weekly Online at this year’s Zimbabwe Mining Indaba, in Harare.

Gumbie said most of Zimbabwe’s 2 583 km railway network required rehabilitation, which would cost $1.14-billion, while upgrading and replacing rolling stock would cost $870-million.

However, the funding shortfall for infrastructure development continued, with the country’s revenue reaching only $62-million in 2009.

At the peak of its operations in 1991, the National Railways of Zimbabwe moved about 14.4-million tons of freight, but 18 years later, this dropped to 2.5-million tons.

The decline was attibuted to a lack of availablity of locomotives and wagons, vandalised electrification systems and unserviceable railway signal systems.

The country’s roads were also in a dire state and Gumbie said Zimbabwe’s funding requirement for road maintenance in 2012 was $200-million, but that only $35-million was allocated for this purpose.

Similarly, the country required $2-billion for rehabilitation projects of roads, but a mere $209-million was set aside for projects.

Gumbie said that the ongoing rail and road infrastructure constraints created prospects for public–private partnerships. “There are opportunities for the private sector in rehabilitation and development of infrastructure.”

Infrastructure Development Bank of Zimbabwe infrastructure projects division acting director Alex Machimbirike told delegates that $1.5-million had been raised for feasibility studies for the Harare-Beitbridge and Harare-Chirundu toll road projects.

Studies were completed for the Harare-Chirundu road and would soon start for the Harare-Beitbridge road.

A further $22-million had been disbursed on the dualisation of Harare-Skyline road and Harare-Norton road, including the construction of two bridges.

For the rehabilitation of the national railway network $28-million had been spent, Machimbirike said.

He added that to mobilise resources for infrastructure development in Zimbabwe, its financial sector would have to forge alliances with external strategic partners with stronger financial capabilities and direct access to deep financial markets.

“Government has taken a proactive stance in financing infrastructure and is further encouraged to speed up the conclusion of public-private-partnerships legislation and the regulatory framework required to attract private sector investment,” Machimbirike indicated.
 

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Mining News
Newco CEO-designate Graham Kerr (right) and Martin Creamer
Updated 6 hours ago The assets that BHP Billiton plans to hive off into a new standalone global diversified metals and mining company generated sales revenue last year of close to $10-billion. In the last ten years, the commodities of the proposed new company (Newco) enjoyed an...
The global resources industry was gearing up for a busy second half as far as merger and acquisition (M&A) activities were concerned, researcher SNL Metals reported on Friday. Data from the researcher indicate that, in the first six months of the year, some 117...
It has been 20 years since the dawn of democracy in South Africa and women are better represented in the mining industry as legislation now enables them to work in the industry. However, legacy issues owing to the exclusion of women in the past persist. More mining...
More
 
 
Latest News
Sacci CEO Neren Rau
Updated 2 hours 29 minutes ago The South African Chamber of Commerce and Industry (Sacci) would work with the office of the Afican National Congress (ANC) secretary-general Gwede Mathashe on a series of constructive engagements on improving the domestic economic climate and building a more...
Updated 2 hours 41 minutes ago JSE-listed investment and empowerment group Grand Parade Investments (GPI) and electronics contract manufacturer Tellumat have teamed up to create a 51:49 joint venture company Grand Tellumat Manufacturing. The transaction would see the engineering skills and...
Updated 2 hours 41 minutes ago JSE-listed property group Redefine Properties on Friday said its acquisition of all the assets and the property portfolio of Fountainhead Property Trust, had not been approved by the requisite majority of Fountainhead unitholders and would, therefore, not be...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
MODDERFONTEIN NEW CITY Modderfontein New City will aim to exemplify an integrated city node and improve infrastructure utilisation through mixed-use spaces
The multibillion-rand development of the Zendai Modderfontein New City, east of Johannesburg, will aim to exemplify an integrated city node, says property group Zendai South Africa COO Wenhui Du. The development will focus on the Modderfontein Gautrain station to be...
The South African Civil Aviation Authority (CAA) hopes to have finalised regulations for the flying of Unmanned Air Vehicles (UAVs) – also designated Remotely Piloted Air Systems (RPAS) and popularly called drones – in the country’s civilian airspace by the end...
Various stakeholders have expressed optimism that the Small Business Development Ministry, created after the national elections in May, will add much needed impetus to enterprise development in South Africa, where a strengthening of the entrepreneurial culture is...
BOB SCHOLES To ensure that emissions plateau by 2020 and then decline until a net negative emission level is achieved by the end of the century, CO2 capture and storage in addition to major emission reduction efforts will be needed
Capturing and storing carbon dioxide (CO2) is the only way through which the world will achieve the lowest of the United Nations Framework Convention on Climate Change’s (UNFCCC) global warming predictions, called the representative concentration pathway (RCP) 2.6....
PARKS TAU Ongoing investigations had identified at least 30 large power users in Johannesburg as having defrauded the city
The City of Johannesburg has recovered R107-million following the arrest of 22 people allegedly involved in corruption, collusion, fraud and tampering with the city’s electricity systems, which had ultimately cost the city R200-million in lost revenue.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks