Once the preferred mode of transport for Zimbabweans, the southern African country's rail network has mirrored its economic decline.On Thursday, the government announced that it is canceling a deal to recapitalise the financially struggling state-owned National Railways of Zimbabwe , to the tune of $400 million.
But a government official said several deadlines to provide proof of funding had been missed and that differences had emerged between consortium partners, leading DIDG to present a funding structure that excluded Transnet.
Because there is no room for kickbacks.
Bullied by China to cancel the deal already.
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