The Dilemma of Capital Investment in a Bi-national Organisation: A Case Study of Tanzania-Zambia Railway Authority (TAZARA)

Tanzania-Zambia Railway is jointly owned and managed by the governments of Tanzania and Zambia thus qualifies to be categories as a bi-national organisation. It was built by Chinese under an interest-free loan to the two contracting states. The railway now faces the dilemma of who is responsible for its capital investment. This article examines how the railway has managed to survive and who is ultimately responsible for its capital investment.