Categories: Editor's Picks

ZAMPOST committed to paying Former Employees

• Company urges former Employees to remain patient as it is doing everything possible to clear K50 million terminal benefits
• Management in talks with Government on the matter.
• Government is willing to clear the amount.

Zambia Postal Services Corporation (ZAMPOST) has urged its former Employees to remain patient as it is doing everything possible to clear the K50 million terminal benefits owed to them.
Corporation Master General Brighton Ngoma tells Money FM News in an interview that currently management has engaged Government on the matter and it is willing to take up the payment of the former workers.
“We are committed to dismantling the arrear that is why we have engaged Government to intervene in this issue,” he said.
Mr Ngoma explains that management owes about K50 million in arrears to former workers and efforts are being made to ensure that the amount is settled.
“So far Government has approved the balance shit restructuring from ZAMPOST which involves liquating the debts to Zambia Revenue Authority (ZRA), National Pension Scheme Authority (NAPSA), as well as retirees,” he stated.
Recently, National Union of Communication Workers challenged Zampost to source for funds and settle all outstanding terminal benefits it owes to its former workers.
And some retrenched ZAMPOST workers in Luanshya district on the Copperbelt and other provinces demanded payment of their terminal benefits from government.
The workers who were retrenched in 2015 were wondered to why government was not funding ZamPost to pay them their terminal benefits.

More From Author

World Bank urges Zambia to capture other benefits beyond mining sector

• World Bank is committed to supporting African countries to translate Africa’s mineral wealth into…

Read More

Kwacha gains should benefit consumers – BuyZed

• This is to ensure that consumers begin to enjoy what is produced locally.• Manufactures…

Read More

SEC attributes decline in Q4 bond trades to delayed debt restructuring process

• One of the challenges is to do with the delays in finalizing the debt…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

EAZ underscores urgency of addressing pressing economic issues ahead of Summit

  There is need to navigate the economic headwinds with determination, resilience, and a shared…

Read More

Mfuwe International Airport to be temporarily closed for rehabilitation

Mfuwe International Airport infrastructure has recorded marked deterioration. During the rehabilitation period which is expected…

Read More

ZICA calls for recruitment of registered accountants in Councils

Recruitment of registered accountants in local authorities will lead to significant improvements in financial management…

Read More