Mashonaland Railway Company
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Mashonaland Railway Company
The National Railways of Zimbabwe (NRZ), formerly Rhodesia Railways, is a state-owned company in Zimbabwe that operates the country's national railway system. It is headquartered in the city of Bulawayo. In addition to the headquarters, it has a commercial-administrative center in Harare and a supply center in Gweru. The Zimbabwean railway system was largely constructed during the 20th century. History NRZ's history begins with the creation of the Bechuanaland Protectorate, Bechuanaland Railway Company on May 24, 1893. It was renamed Rhodesia Railways Ltd (RR) on July 1, 1899.Günter Krause. ''Eisenbahnmuseum Livingstone (Sambia) und die Zambesi Saw Mills Railways''. 2 Ed. 2018. At the same time, on April 13, 1897, the Mashonaland Railway Company (MRC) was founded. On March 1, 1905 the small Ayrshire Gold Mine & Chinhoyi, Lomangundi Railway Company — which had been founded in 1900 — merged with MRC. A similar event would occur with the Beira, Mozambique, Beira & Mashona ...
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State-owned Company
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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