DAR ES SALAAM, Jan. 16 -- THE Public Investment Committee (PIC), Chairperson, Dr Raphael Chegeni has urged Tanzania and Zambia governments to think of immediately amending a law that would enable Tanzania Zambia Railway Authority (TAZARA) recover in its long decades' debts and improve in operations.
Briefing members of the press here yesterday, Mr Chegeni said that immediate action by amending laws would save the corporation, adding: "We need Tazara and we must change the mode of operations, because Tazara is important for both countries' economic growth."
That was after members of the PIC were notified that Tazara was being blacklisted in the country, and not allowed to receive any loan from any financial institution as a result of being...