The Tanzania-Zambia railway recorded a 19.4 percent rise in freight traffic in the 2020/2021 financial year ended June 30, 2021.
In a statement issued at the end of the 117th Board of Directors meeting in Dar es Salaam, Tanzania, the railway saw an improvement of 26.7 percent in overall revenue earnings in the 2020/2021 financial year, when compared to the previous financial year that ended on June 30, 2020.
During the 2020/2021 financial year, the railway line transported 217,661 metric tons of freight, compared to 182,302 metric tons transported in the 2019/2020 financial year.
Despite limitations on the movement of people globally due to the COVID-19 pandemic, the overall passenger traffic transported was 2,760,493 passengers during the 2020/2021 financial year, down 0.66 percent from the previous financial year when 2,778,708 passengers were transported.
According to the statement, the overall revenue earnings for the 2019/2020 financial year were 24.511 million U.S. dollars.
The Tanzania-Zambia railway line was constructed as a turnkey project between 1970 and 1975 through an interest-free loan from China, with commercial operations starting in July 1976.
It covers 1,860 km from Dar es Salaam in Tanzania to New Kapiri Mposhi in Zambia.
200,000 tons in a year, that is 550 tons per day. That is a very low number. The transport minister should get a permanent secretary to get the business in better shape!
If we can enforce laws surrounding bulk transport we will at once increase rail freight and prevent rapid damage to our road infrastructure by abnormal loads that are not sanctioned properly. Let’s go, new government. Osati mazina awo mukuti new dawn. Visiyeni ivo.
That’s rare good news. If only it was more frequent, all would be well.
#2Kalok that cannot happen. Reason most trucks are owned by influential individuals not just PF but all political parties. That’s why no MP can table this before parliament.
Deja vu you are correct. It is a very tough act to follow. We need to really look at the least of us as we articulate government policy. Kaya mwandi
Zambia and Tanzania should start working on updating and modernizing the TAZARA with newer and faster trains. With the free movement of people coming across the continent, more Africans will begin to travel. It’ll be a great opportunity to generate billions of dollars.
Their train station in Kasama is a ghost place during the day, I repeat during the day, instead of diversification to keep the station active, there is no innovation, they have large premises which can even be turned into recreation facilities, they can even put up lawn tennis courts and other anmenities which are not there in Ksaama and other areas and rake in revenues. Just put up an appealing business case
You have increased volumes and revenue but have you made a profit. If so then why don’t you declare dividends to your two shareholders?