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Treasury Estimates US$25 Million Needed for National Sports Stadium Revamp

2024-09-22 00:44:45.357000

Zimbabwe's Finance Minister Mthuli Ncube has announced that an estimated US$25 million is required to complete the renovations of the National Sports Stadium. This estimate was discussed during a meeting in July 2024 with the Ministry of Local Government and the Ministry of Sports, where it was revealed that a total of US$25.4 million is needed for the project. Of this amount, US$17.5 million is earmarked for infrastructure improvements, while US$7.9 million will cover additional works. The stadium has been closed for renovations since September 2023 after failing a Confederation of African Football (CAF) inspection. Recommendations from the inspection included the installation of new electronic turnstiles and the renovation of various facilities. So far, only US$3.8 million has been released for the project, with US$6.7 million contracted for the ongoing work. The government has set December 2024 as the target date for the completion of the renovations, emphasizing the urgency of the upgrades to meet international standards and enhance the stadium's functionality for future events. [cfeceb0d]

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