In a bid to revamp the National Sports Stadium and end the country’s embarrassment of playing international matches outside its borders, the government is exploring innovative financing options through the Victoria Falls Stock Exchange According to the Deputy Minister of Finance, Economic Development and Investment Promotion, Kudakwashe David Mnangagwa, the government is in talks with private sector players to create a vehicle that can be listed as a right on the Victoria Falls Stock Exchange This move is expected to allow pension funds, private players, and Zimbabweans in general to crowdfund for the refurbishment of the National Sports Stadium Zanu-PF MP Farai Jere asked the Deputy Minister about the government’s plan to renovate the National Sports Stadium, given the country’s embarrassment of having to play international matches outside of Zimbabwe due to the stadium’s state of disrepair Jere, the Caps United owner, who is also Zanu PF’s Murehwa West legislator, pointed out that while US$12 million is required to complete the job, US$5 million can make the stadium usable The government’s plan, according to Mnangagwa, is to raise the necessary capital to holistically transform the stadium into a world-class facility rather than just a usable one UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,001Will the National Sports Stadium host international matches…Jul 29, 202535,062CAPS United appoint former star Ian Bakala, Zambian faces…May 9, 202516,773Contractors promise refurbishments at NSS will be completed…May 9, 202529,119 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,001Will the National Sports Stadium host international matches…Jul 29, 202535,062CAPS United appoint former star Ian Bakala, Zambian faces…May 9, 202516,773Contractors promise refurbishments at NSS will be completed…May 9, 202529,119 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,001 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,001 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and… Will the National Sports Stadium host international matches…Jul 29, 202535,062 Will the National Sports Stadium host international matches…Jul 29, 202535,062 Will the National Sports Stadium host international matches… CAPS United appoint former star Ian Bakala, Zambian faces…May 9, 202516,773 Source: Nehanda Radio All Zim News is a central hub for all things Zimbabwean, curating news from across the country so no story is missed Alongside aggregation, our team of nationwide reporters provides real-time, on-the-ground coverage Stay informed and connected — reach us at admin@allzimnews.com. Source: Nehandaradio
Image from Govt turns to Victoria Falls Stock Exchange to revamp National Sports Stadium 