Future Privatisation

Mulobezi Railway. The Mulobezi Railway line covers a distance of 163 kilometres, linking Livingstone in the Southern Province of Zambia to Mulobezi in the Western Province. The railway line was constructed by Zambezi Sawmills Company over a period of ten years and reached Mulobezi in 1934. Construction of the permanent way was done using second hand materials from Rhodesia Railways. The railway track was built primarily to transport commercial hardwood timber from areas around Mulobezi to Livingstone, from where it was further transported to the Copperbelt and other areas. MRL operated as a privately owned railway line up to about 1973 when the assets were nationalised by the State and placed under the management of ZRL.

Government is considering options of offering the concession for recapitalising and operating the railway line.

Tanzania Zambia Railways (TAZARA). TAZARA is owned by the Government of the United Republic of Tanzania and the Government of the Republic of Zambia [GRZ] on a 50:50 basis. The Railway line covers a distance of approximately just below 2,000 km from Kapiri Mposhi in Zambia to Dar es Salaam in Tanzania. Options studies for private sector participation were completed in March 2005. A joint committee headed by the Ministry of Communications and Transport in Zambia and Tanzania were established to review the options for private sector participation, and to establish a process for its implementation. Approvals from both the Government of Zambia and Tanzania are required to commence the process of concessioning the company.

Mukuba Hotel Limited. The Hotel has 52 ensuite bedrooms, comprising 31 twin rooms, 1 executive twin, 7 standard doubles, 7 executive doubles, 2 luxury suites and 1 deluxe suite. There is also a one bed roomed flat and a two bed roomed flat with self catering facilities. Cabinet approved the sale of 51% shares to a suitably qualified hospitality industry investor. ZITF is considering other options including a private placement to re-develop the Hotel.
 

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Highlight

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