ZINARA bond oversubscribed

ZINARA bond oversubscribed
Transport and Infrastructure Development Minister, Joram Gumbo, expressed concern over Zinara’s relationship with Univern.

Transport and Infrastructure Development Minister, Joram Gumbo.

THE Zimbabwe National Roads Administration (ZINARA) this week announced that its $100 million infrastructure bond had been oversubscribed by $5 million.
ZINARA chief executive officer, Nancy Masiyiwa-Chamisa, made the disclosure at the Zimbabwe Investment Conference, whose aim was to provide a platform for potential investors, business and government to come up with ways to increase investment and improve infrastructure.

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