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Air Zimbabwe Banned From Europe… So Is It Safe for Mugabe to Use?

Air Zimbabwe Banned From Europe… So Is It Safe for Mugabe to Use?

Bad news for Zimbabwe’s national airline which is headed by President Robert Mugabe’s son-in-law: it has just has been barred from flying to Europe over safety concerns. News of the ban, contained in a press release from the European Commission, will deal a blow to the struggling carrier’s plans to resume once-popular direct flights to […]

Stressed Air Zim plumbs new lows issuing handwritten boarding passes

Stressed Air Zim plumbs new lows issuing handwritten boarding passes

Struggling national carrier Air Zimbabwe this week sunk to new lows after it resorted to issuing handwritten boarding passes — triggering a torrent of bad jokes from travellers expressing their shock at the extent of the rot devouring the airline. This comes as the debt-ridden flag carrier is struggling to operate its full complement of […]

Zimbabwe government pumps $200m into ailing parastatals

Zimbabwe government pumps $200m into ailing parastatals

Zimbabwe’s cash-strapped government has pumped nearly $200 million into the country’s struggling parastatals. This comes as calls have been getting louder for the cash-strapped country to restructure its loss-making parastatals to make them attractive for foreign investment and recapitalisation. Market experts said the opportunity cost of missing revenue from government enterprises was being felt across […]

We’re Ready to Rescue Airzim, Says Ethiopian Airlines Boss

We’re Ready to Rescue Airzim, Says Ethiopian Airlines Boss

Ethiopian Airlines, Africa’s largest cargo and passenger carrier, is dreaming big. After generating revenue of US$2,43 billion in the 2016 financial year, which saw a 70% jump in net profit and an 18% increase in passenger numbers to 7,6 million, the airline says it is buying an additional 55 aircraft, expanding its fleet to 142 […]

Treat parastatal audits seriously

Treat parastatal audits seriously

ELSEWHERE in this issue, we carry a story revealing that some parastatals have not been audited since 2009 while the Zimbabwe Anti-Corruption Commission (Zacc) and several state-owned enterprises have not submitted their accounts for many years. Eight long years! This is criminal dereliction of constitutional responsibilities. There are no two ways about it. Section 9 […]

President Robert Mugabe’s son-in-law Simba Chikore riles security chiefs

President Robert Mugabe’s son-in-law Simba Chikore riles security chiefs

PRESIDENT Robert Mugabe’s son-in-law, Simba Chikore, has effectively taken control of Mugabe’s close security unit (CSU) amid concerns that the long-time leader’s protection could be compromised, national security sources revealed. The development comes at a time Chikore has also taken over the day-to-day running of ailing flag carrier Air Zimbabwe, (AirZim) relegating chief executive officer […]

Air Zimbabwe fails to submit financials in 8 years

Air Zimbabwe fails to submit financials in 8 years

State-owned Air Zimbabwe (Air Zim) has failed to fulfil the obligation to submit financial statements for audit for the past eight years. The insolvent airline — grappling with $300 million in debt — is currently working on the 2010 financial statements, according to the office of the Auditor-General (AG). The primary objective of an audit is […]

‘Mugabes, A First Family From Hell’

‘Mugabes, A First Family From Hell’

THE opposition Peoples’ Democratic Party (PDP) has condemned President Robert Mugabe for allegedly hiring a private plane at a cost of US$1 million at a time the country is facing serious financial constraints. With his usual Air Zimbabwe plane unavailable, Mugabe hired a private jet to travel to Singapore for what officials described as scheduled […]

President Robert Mugabe splurges US$1m on flight to Singapore and Ghana

President Robert Mugabe splurges US$1m on flight to Singapore and Ghana

PRESIDENT Robert Mugabe last week splurged more than US$1 million when he chartered an ultra-luxurious Boeing 767-200 Extended Range aircraft to Singapore and Ghana at a time government is struggling to raise salaries for its civil servants as well as rescue flood victims, the Zimbabwe Independent can exclusively reveal. Investigations revealed that Mugabe chartered the […]

Job Losses – Government Must Abandon Toxic Policies

Job Losses – Government Must Abandon Toxic Policies

The proposed amendments to the Labour Act that has been tabled in parliament which mainly aims to save vulnerable workers from being dismissed on three months’ notice while simplifying the rigid, expensive and cumbersome retrenchment process, is an indication of the worsening economic crisis bedeviling Zimbabwe. While the easing of retrenchment procedures and the laying […]

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