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Economy

Modernise the country's border posts to improve efficiency in the facilitation of movement of people and trade and to equip border posts with modern infrastructure and technology to enhance security. Prioritise Beitbridge, Plumtree, Chirundu, Forbes, Nyamapanda, Victoria Falls and Kazungula.

In Progress

RMB celebrates landmark Beitbridge border post modernisation project

https://www.businesslive.co.za/companies/financial-services/2021-02-12-native-rmb-celebrates-landmark-transaction-beitbridge-border-post-modernisation-project/     

Feb. 12, 2021

RMB’s $300m Beitbridge border post modernisation project, which recently reached a financial close, involved the upgrade and rehabilitation of the Zimbabwean side of the Beitbridge border post, under a 17-and-a-half-year concession granted by the Zimbabwean government to La Frontiere. RMB has acted as financial adviser to La Frontiere since 2018, and later took on the roles of joint mandated lead arranger and hedging bank for the project. We partnered with five other financial institutions in structuring the transaction.

Previous Updates

The government budgets $4 Million for Binga Air-strip upgrade

Chronicle

    

May 23, 2019

The government has set aside about RTGS$4 million for the refurbishment of the Binga airstrip to improve accessibility to the district and facilitate smooth tourism business. Despite lacking infrastructure, Binga is one of the rich districts in terms of natural resources with the potential to attract thousands of tourists. These include fishing activities, a beach, hot springs, cruise and boating, wildlife and others.

    

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