Council of Ministers resolves to finance the re-capitalisation of TAZARA
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We, the Tanzania-Zambia Railway Authority (TAZARA) Council of Ministers, comprising the Ministers responsible for Transport, Finance and Industry in Tanzania and Zambia, meeting in Dar es Salaam, Tanzania, this 13th Day of October 2019, do hereby declare the following. Operational Performance We noted that the performance of the Authority remained below breakeven point and therefore requiring immediate action to improve the situation. Review of the TAZARA Act We noted that the review of the TAZARA Act is nearing final conclusion and the Bilateral Agreement to pave way for the revision of the Act will be signed by the end of...