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Saturday, August 6, 2016

Shareholders pump life into CEAR operations | The Times Group

Shareholders pump life into CEAR operations | The Times Group: "Managing Director of Central East African Railways (Cear), Hendry Chimwaza, says the future of the company is now more promising following an injection of capital by Vale, the new shareholders of the company.

Chimwaza said the coming in of the new shareholder has seen the company acquiring new coaches which have improved the company’s operations. This year, according to Chimwaza, the company expects to haul twice the cargo it carried last year."



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