Why Air Zimbabwe is getting no takers


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The national airline Air Zimbabwe is failing to get partners because of its debts and the fact that it is failing to resolve salary disputes with its employees. Air Zimbabwe, one of the parastatals that the government wants to privatise, has a debt of about US$140 million and owes its employees over US$40 million. Transport secretary Munesu Munodawafa said: “We have quietly tried to discuss partnerships with potential investors who do not want their names to be mentioned and their key message was that they cannot partner with a company which is not operating.  I have talked to five international airlines and almost all of them said they wanted to partner with an airline that is operating and basically they were also saying we should sort out the labour issues.”

 

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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