Category: Infrastructure Projects

  • Major works for Mutare roads

    CITY of Mutare is set to carry out major works on Railway Street and Bridge Road, resulting in temporary closure of the two roads.

    Railway Street is the immediate right turn after the flyover before getting into town, while Bridge Road branches from Railway Street to connect with Park Road.

    In a notice to the public today, the local authority said the works are planned to commence today (Tuesday) and run until October 10.

    “Notice is hereby given that there will be a temporary road closure of Railway Street and Bridge Road to execute major road works. The road works are planned to commence on September 23 and run until October 10,” reads the notice.

    Mutare City Council directed all road users to use alternative routes until completion of the works.—Manica Post

  • Treasury Unveils Highway Funding Strategy

    TREASURY Secretary George Guvamatanga laid bare the financial challenges plaguing Zimbabwe’s major highway projects while introducing a novel funding strategy to ease the burden.

    Guvamatanga detailed the costs and debts tied to the Harare–Beitbridge and Plumtree–Mutare highways, emphasising the need for innovative solutions to sustain infrastructure development.

    The Harare–Beitbridge Highway, crucial for regional trade, has consumed US$600 million of its US$800 million budget, averaging US$1.4 million per kilometre.

    “We’ve made significant progress, but contractors are still owed US$100 million for work already done, which we must address urgently,” Guvamatanga said.

    This outstanding debt underscores the financial strain impacting the project’s timeline.

    The Plumtree–Mutare Highway, initially funded in 2011 with a US$206 million loan from the Development Bank of Southern Africa, faced setbacks after Zimbabwe’s default.

    “Penalties ballooned the debt to US$350 million, but through restructuring, we’ve reduced it to about US$30 million,” Guvamatanga said.

    Clearing this balance is critical to restoring Zimbabwe’s fiscal credibility.

    Looking ahead, the government plans to adopt “asset recycling,” a model championed by Africa50, the African Development Bank’s infrastructure arm.

    This strategy involves constructing infrastructure and leasing it to private operators to raise capital for new projects.

    “Asset recycling is a game-changer. It allows us to fund development sustainably without overstraining public finances,” Guvamatanga said.—Hurumende

  • Refurbishment of Parirenyatwa main hospital begins. . . Nurses’ residence 95 percent complete

    THE refurbishment of the main hospital building at Parirenyatwa Group of Hospitals has begun, marking the most extensive rehabilitation of the country’s largest referral health centre since its opening as Andrew Fleming Hospital nearly 70 years ago.

    The project is being carried out in three phases covering student accommodation, maternity facilities and the 1 400-bed main hospital.

    Presently, the first phase, focusing on the refurbishment of Adlam House, the nurses’ residence, and surrounding infrastructure, is 95 percent complete, while the second phase, targeting Mbuya Nehanda Maternity Hospital, is now 25 percent complete.

    The residence, which had deteriorated to the point of accommodating only 40 student nurses out of a possible 353, has since been transformed.

    The revamp includes the installation of eight new boreholes, a 30 000-litre water tank and a 120-kilowatt solar system, along with a swimming pool for recreation.

    Renovations of the Mbuya Nehanda Maternity Hospital will include removal of old floors and ceilings, plumbing repairs and upgrades to patient reception areas, nurseries and infection control systems.

    The third and most extensive phase will focus on the 1 400-bed main hospital block.

    Artisans and engineers are currently conducting a full assessment to determine priority areas and design a phased approach that will allow the facility to remain operational during the renovations.

    In an interview with The Sunday Mail, Health and Child Care Minister Dr Douglas Mombeshora said works were progressing well.

    “Refurbishment of Parirenyatwa is being done in three phases,” he said.

    “The first phase involved the refurbishment of the nurses’ residence, which is called Adlam House, and the surrounding infrastructure. That one is almost 95 percent complete. I think they are just polishing up, but all the work has been done.”

    He said the second phase, which is underway, will see the overhaul of the Mbuya Nehanda Maternity Hospital.

    “The work has just started,” said Dr Mombeshora.

    “They are in the process of removing the old floors, the old ceilings, repairing the plumbing. There is still quite a lot of work to be done. I would say they are about 25 percent at this stage.”

    The physical work, Dr Mombeshora said, had not yet started at the main hospital, but assessments of the planned renovations were at an advanced stage.

    “Then the third one is the main hospital,” he added.

    “For the main hospital, we are at the stage of making assessments.

    “That is a very huge hospital, and we are planning on how we will have to do the work in phases because we cannot close the whole hospital, which has 1 400 beds.

    “We can say the work has started but the real knocking down of the walls and things like that has not yet started.”

    The Parirenyatwa modernisation programme is expected to serve as a blueprint for other public health institutions and forms part of a wider national exercise to rehabilitate critical health infrastructure to improve service delivery.

    Earlier this year, President Mnangagwa made an unannounced tour of Parirenyatwa Group of Hospitals, where he expressed concern over its dilapidated state and directed the authorities to expedite refurbishment.

    Posting on his X (formerly Twitter) account last week after handing over 10 state-of-the-art ambulances to all provinces, the President reaffirmed the Government’s commitment to prioritising public healthcare.

    “Today, I had the distinct honour to preside over the handover of 10 brand-new state-of-the-art ambulances that will be deployed across all 10 provinces,” President Mnangagwa said.

    “This milestone reaffirms the Second Republic’s unwavering commitment to prioritising public healthcare, modernising health facilities and ensuring that no place and no citizen is left behind.”

    Medical and Dental Private Practitioners of Zimbabwe Association president Dr Johannes Marisa welcomed the hospital refurbishment project.

    “Upon completion, there is set to be an increase in confidence among patients in their healthcare system, which is the first step to healing and recovery,” he said.

    “There is also set to be improved healthcare services and retention of staff because some medical personnel are leaving due to the deterioration of infrastructure.

    “So, basically, all this will lead to a reduction of morbidity and mortality rates. We applaud the Government, and we hope this exercise cascades to all healthcare centres across the country.”

    The Government recently signed several landmark cooperation agreements with Belarus for, among other things, the reconstruction of central hospitals, procurement of state-of-the-art medical equipment and establishment of local health technology manufacturing partnerships.

    The deals, signed during President Mnangagwa’s official visit to Minsk in May, are expected to complement domestic efforts.—Sunday Mail

     

     

  • PSPF Reaps Strong Returns from Real Estate Investments

    THE Public Service Pension Fund (PSPF) is enjoying strong returns from its growing and diversified property portfolio, spanning from residential property to large-scale real estate development projects.

    PSPF chief investment officer, Dr Farai Gaba, revealed this in an interview during the launch of the Midlands Park, a mixed-use complex that provides both residential housing and community facilities in Zvishavane on Tuesday.

    He said the strategic shift to real estate was expected to deliver significant returns that outperform negative real money market returns and the sometimes volatile equities, providing the fund with inflation-hedged stability.

    The PSPF was established to provide decent pensions, gratuities, and other benefits to State employees upon retirement, discharge, resignation, or death.

    The fund is actively expanding its real estate portfolio, focusing on diverse, income-generating projects across Zimbabwe.

    Apart from the Midlands Park project, officially commissioned by President Mnangagwa, the fund is also making a major move into the education sector, with multiple projects aimed at creating student housing and ensuring a steady stream of rental income.

    These developments are underway in Kwekwe, Bulawayo and Chinhoyi. 

    In the capital, Harare, the PSPF is already working on two residential projects; Madokero Creek and Westlands properties. 

    According to Dr Gaba, the middle-income housing developments will pilot an innovative rent-to-own programme, which will offer civil servants an alternative route to homeownership.

    In the future, the fund plans a large-scale urban renewal project at the Samora Machel Precinct in Harare’s Central Business District. 

    To safeguard against currency fluctuations, leases for this planned, mixed-use complex will be linked to the United States dollar.

    The PSPF also intends to build dedicated housing for civil servants in Bindura and Lupane.

    The fund’s recent acquisition of the Monomotapa Hotel is also a strategic move to secure a valuable asset. The hotel is expected to generate a significant flow of foreign currency.

    Residential properties, a core component of the fund’s strategy, are expected to deliver net yields of six to nine percent, providing a stable and reliable stream of income. 

    Student housing is a key focus for its high-yield potential, with the sector projected to generate stable returns of eight to 10 percent, underpinned by consistent demand.

    In the hospitality sector, the fund’s strategic acquisition of assets like the Monomotapa Hotel is targeting a robust Internal Rate of Return (IRR) of 12 to 18 percent. This is seen as a crucial hedge against currency volatility, as earnings in this sector are often backed by foreign currency.

    The most ambitious projections come from own development projects, which are expected to achieve impressive gross margins of 15 to 25 percent.

    These ventures, including the Madokero Creek and Westlands properties, offer the potential for substantial capital appreciation, positioning them as the most profitable segment of the portfolio.

    “These returns significantly outperform negative real money market returns and volatile equities, giving the fund inflation-hedged stability. Importantly, the drivers of performance are non-traditional investments, housing tied to essential demand, forex-earning hospitality assets, and embedded development margins,” said Dr Gaba. 

    “PSPF has demonstrated that creativity in structuring, from mortgage-linked models to renewable energy projects, increases both returns and sustainability, allowing the Fund to remain resilient even in volatile markets.”Zimpapers Business Hub

  • Angola to Host Africa’s Largest Infrastructure Financing Summit in October

    By Staff Reporter

    The African Union Development Agency (AUDA-NEPAD) and the African Union Commission (AUC), in partnership with the Government of Angola, will host the continent’s largest infrastructure financing gathering from October 28 to 31, 2025, in Luanda.

    The summit builds on the momentum of the 2023 Dakar Infrastructure Financing Summit and will focus on mobilising capital to bridge Africa’s infrastructure gap, which exceeds US$100 billion annually. Key priorities include financing cross-border energy, transport, logistics, and digital projects under the African Union’s Agenda 2063 and the Programme for Infrastructure Development in Africa (PIDA).

    Angola’s President João Manuel Gonçalves Lourenço, the current AU Chair, has made infrastructure development central to his continental agenda. At the AU handover ceremony earlier this year, he emphasised the need to “mobilise all available financial resources” to drive Africa’s trade, industrialisation, and digital connectivity.

    The Luanda Summit will feature curated deal rooms, investment pitches, and project showcases. Flagship corridors such as the Lobito Corridor, LAPSSET, and the Dakar–Bamako–Djibouti route will be presented as integrated models of trade and industrial growth.

    Energy access will be a major theme, with more than 600 million Africans still without electricity. The summit will highlight financing pathways for the African Single Electricity Market and the Continental Power Systems Master Plan, estimated to require US$1.3 trillion by 2040. Sustainable energy, digital innovation, and water security projects will also take centre stage, alongside efforts to attract climate-aligned capital and philanthropic investment.

    The event coincides with the mid-term review of PIDA’s Priority Action Plan, which will assess progress and refine strategies for fast-tracking projects. Domestic capital mobilisation will also be on the agenda, with discussions on leveraging Africa’s US$70 billion in annual pension and sovereign wealth funds for infrastructure.

    As South Africa takes over the G20 Presidency in 2025, the Luanda Summit is expected to amplify Africa’s voice on the global stage, particularly on infrastructure financing, energy access, and climate finance.

    Registration for participants, exhibitors, and partners will open in the coming weeks, with further details to be shared on the official event platform.

     

  • 50km of Kadoma-Sanyati Road upgraded

    A KEY section of the Harare-Mazowe road dualisation project was opened to traffic yesterday, marking a milestone in the Government’s ambitious infrastructure upgrade.

    The newly completed 3,3km stretch was met with applause from motorists who have long endured congested and difficult travel on the route.

    The opening was led by a high-level delegation including Transport and Infrastructural Development Deputy Minister Joshua Sacco, the Ministry’s Permanent Secretary, Engineer Joy Makumbe, and other senior Government and ZINARA officials.

    In a speech delivered on his behalf, Transport Minister Felix Mhona said the project was far more than just a road upgrade since it eventually means a modern dual carriageway highway all the way to Kanyemba Border Post in northeast Zimbabwe.

    “This project represents a key that will unlock immense potential for Zimbabwe, transforming a neglected corridor into a vibrant economic route,” he said.

    Minister Mhona outlined the project’s wide-ranging benefits, positioning Zimbabwe as a critical transit hub within SADC and creating the shortest route from Harare to Zambia and the DRC.

    He also highlighted the importance of a reliable road network for unlocking the mineral-rich potential of the region and providing direct access to agriculturally rich districts.

    The contractor for the project, Exodus and Company, was commended for its work since starting in February last year.

    Project director Engineer Alex Mashangu confirmed the contractor’s commitment to continuing the work all the way to Kanyemba.

    Zinarachairperson Dr George Manyaya assured the public that funding for such critical road maintenance is available, noting that Zinara has already disbursed ZIG6.1 billion this year alone.

    The Government’s broader road rehabilitation efforts were also highlighted, with over 50 000km of roads reportedly rehabilitated and reconstructed since the start of the Emergency Road Rehabilitation Programme (ERRP2) in 2021.

    For daily commuters and businesses, the newly opened section promises safer, faster travel and is seen as a vital artery for economic growth, connecting the capital to northern regions and beyond.—Herald

  • Govt rehabilitates Grand Reef Airstrip

    Grand Reef Airstrip in Mutare is undergoing rehabilitation ahead of the Sanganai/Hlanganani World Travel Expo, which will be running from September 10 to 12 in Manicaland Province.

    This development comes after the Government recently said it was moving to resuscitate all the country’s aerodromes.

    This Thursday, Transport and Infrastructural Development Minister Felix Mhona, Tourism and Hospitality Industry Minister Barbara Rwodzi and senior Government officials visited Grand Reef Airstrip to assess progress.

    Their visit comes after the national airline, Air Zimbabwe, is set to introduce daily return flights between Harare and Mutare from September 8 to 14 to support the Sanganai/Hlanganani World Travel Expo.

    Air Zimbabwe said the new service is part of its turnaround strategy aimed at expanding its route network, improving domestic connectivity and strengthening Zimbabwe’s tourism industry.

    The Eastern Highlands is among the country’s most scenic destinations and will be hosting the international tourism showcase for the first time.—SundayMail