Development Bank of Southern Africa (DBSA)

THE country’s road infrastructure authority sees licence fees collections doubling to $55 million this year from $27 million collected last year, but remains too low to fund the country’s aging road  network,  an official told a Parliamentary committee on Monday. Zimbabwe requires $5 billion to rehabilitate its road network, but with recurrent expenditure accounting for nearly 80 percent of total revenue and worsened by a $10 billion foreign debt overhang, government is unable to close the…