Chinamasa appointed chair of Air Zimbabwe board


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Former Finance Minister Patrick Chinamasa, a close ally of President Emmerson Mnangagwa, has been appointed chairman of the board of directors of struggling national airline, Air Zimbabwe.

The Ministry of Information said Chinamasa’s appointment was a show of government’s commitment to turn around Air Zimbabwe.

The airline was at one time reduced to one plane though there have been reports that it has bought two Boeing 777s and an Embraer ERJ 145.

The national airline had debts of over US$300 million which the government might have to take over if it is go get an investment partner.

 

(107 VIEWS)

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Charles Rukuni
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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