New Limpopo Bridge Ltd
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New Limpopo Bridge Ltd
New Limpopo Bridge (Pvt) Ltd., is a private company, incorporated and registered in Zimbabwe, and is a subsidiary of NLPI Ltd, an investment holding company whose main investment focus is infrastructure projects in Africa. Under a build–operate–transfer (BOT) concession agreement—one of the first BOT schemes in Africa—New Limpopo Bridge (Pvt) Ltd constructed the Alfred Beit Road Bridge over the Limpopo River between Musina, South Africa, and Beitbridge Beitbridge is a border town in the province of Matabeleland South, Zimbabwe. The name also refers to the border post and bridge spanning the Limpopo River, which forms the political border between South Africa and Zimbabwe. The border on the S ..., Zimbabwe, in 1994. New Limpopo Bridge Ltd recovered costs by charging user tolls, and upon the expiry of the twenty-year BOT agreement in mid-2014, the Zimbabwean government took ownership of the bridge. References {{reflist Construction and civil engineering companie ...
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Zimbabwe
Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and Mozambique to the east. The capital and largest city is Harare. The second largest city is Bulawayo. A country of roughly 15 million people, Zimbabwe has 16 official languages, with English, Shona language, Shona, and Northern Ndebele language, Ndebele the most common. Beginning in the 9th century, during its late Iron Age, the Bantu peoples, Bantu people (who would become the ethnic Shona people, Shona) built the city-state of Great Zimbabwe which became one of the major African trade centres by the 11th century, controlling the gold, ivory and copper trades with the Swahili coast, which were connected to Arab and Indian states. By the mid 15th century, the city-state had been abandoned. From there, the Kingdom of Zimbabwe was established, fol ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ...
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Build–operate–transfer
Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract. The private entity will have the right to operate it for a set period of time. This enables the project proponent to recover its investment and operating and maintenance expenses in the project. BOT is usually a model used in public–private partnerships. Due to the long-term nature of the arrangement, the fees are usually raised during the concession period. The rate of increase is often tied to a combination of internal and external variables, allowing the proponent to reach a satisfactory internal rate of return for its investment. Countries where BOT is prevalent are Thailand, Turkey, Taiwan, Bahrain, Pakistan, ...
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Alfred Beit Road Bridge
The Alfred Beit Road Bridge is a road bridge crossing the Limpopo River between Musina in South Africa and Beitbridge in Zimbabwe. History The original Alfred Beit Bridge, which now only carries rail traffic, was completed in 1929 by Dorman Long. Named after Alfred Beit, the gold and diamond magnate, it cost $600,000 and was opened by the Earl of Athlone on 31 August 1929. The new road bridge, constructed in 1995 parallel to the old bridge, accommodates far heavier traffic than the old bridge could take. It was built by Murray & Roberts Murray & Roberts Holdings Ltd. is a South African-based engineering and mining contractor. It is listed on the JSE Securities Exchange. The Group delivers its capabilities into three global primary market sectors the resources, industrial, ene ... on behalf of New Limpopo Bridge Ltd who now operate the bridge. References {{reflist Bridges in South Africa Bridges in Zimbabwe Bridges completed in 1995 Build–operate–transfer Sout ...
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Limpopo River
The Limpopo River rises in South Africa and flows generally eastward through Mozambique to the Indian Ocean. The term Limpopo is derived from Rivombo (Livombo/Lebombo), a group of Tsonga settlers led by Hosi Rivombo who settled in the mountainous vicinity and named the area after their leader. The river is approximately long, with a drainage basin in size. The mean discharge measured over a year is per second at its mouth. The Limpopo is the second largest river in Africa that drains to the Indian Ocean, after the Zambezi River. The first European to sight the river was Vasco da Gama, who anchored off its mouth in 1498 and named it Espirito Santo River. Its lower course was explored by St Vincent Whitshed Erskine in 1868–69, and Captain J F Elton travelled down its middle course in 1870. The drainage area of Limpopo River has decreased over geological time. Up to Late Pliocene or Pleistocene times, the upper course of the Zambezi River drained into the Limpopo River. Th ...
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Musina
Musina (; formerly Messina) is the northernmost town in the Limpopo province of South Africa. It is located near the confluence of the Limpopo River with the Sand River and the border to Zimbabwe. It has a population of between 20,000 and 40,000. Iron ore, coal, magnetite, graphite, asbestos, diamonds, semi-precious stones and copper are mined in the region. History After serving in the Anglo-Boer War, Colonel John Pascoe "J.P." Grenfell (1866-1948), grandson of John Pascoe Grenfell and brother of Francis Octavius Grenfell, came to South Africa after hearing rumors of valuable copper being in the area. Two prospectors, James Harper and James Campbell, told Grenfell that there were copper deposits, south of the Limpopo River, where the local tribe discovered them. Apparently, the tribe had mined the copper, but the prospectors said their mining of it had ceased. Grenfell went to the area and had the deposits inspected. After verifying that they were valuable, he purchased ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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Beitbridge
Beitbridge is a border town in the province of Matabeleland South, Zimbabwe. The name also refers to the border post and bridge spanning the Limpopo River, which forms the political border between South Africa and Zimbabwe. The border on the South African side of the river is also named Beitbridge. Background The town lies just north of the Limpopo River about 1 km from the Alfred Beit Road Bridge which spans the Limpopo between South Africa and Zimbabwe. The main roads are the A6 highway to Bulawayo and the Victoria Falls, being and away respectively and the A4 to Masvingo and Harare. According to the 2012 population census, the town had a population of 41,767 dominated by the Venda and Ndebele people . There is a sizable percentage of Shona people from other provinces this is a busy border post with traders from all over Zimbabwe. The Beitbridge border post is the busiest road border post in Southern Africa, and is best avoided during busy border-crossing seasons. ...
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Construction And Civil Engineering Companies Of Zimbabwe
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The construction ...
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