[The East African] Private investors to run Tazara

This article was written by Beatrice Materu and was published by The East African, July 9 August. In summary, Tanzania and Zambia are planning a law review to accommodate private investors in the running of their joint railway company. A review of the Tanzania-Zambia Railway Authority Act would allow private investors to buy shares in the railway and help boost efficiency.

Tazara boost trade between Tanzania, Zambia, Great Lakes region and Southern Africa

Tanzania and Zambia are planning a law review to accommodate private investors in the running of their joint railway company, Tazara. Dar es Salaam said a review of the Tanzania-Zambia Railway Authority Act would allow private investors to buy shares in the railway and help boost efficiency.

We are eager to improve operations so as to boost trade between Tanzania and Zambia, the Great Lakes region and Southern Africa,” said deputy Minister for Works, Transport and Communications Atashasta Nditiye.

Tazara is the region’s longest railway line, linking the East African Community, the Common Market for Eastern and Southern Africa, and the Southern African Development Community three blocks, with a market of more than 600 million people.

According to the Mr. Nditye a reliable railway makes trade between countries easier and more efficient; it also reduces delays and congestion on the roads.

Please find the full article through this link.

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