Categories: Editor's Picks

CTPD urges Govt to release financing plan for Zambia Airways

The Center for Trade Policy and Development has called on the Ministry of Finance to release the financing plan for the Zambia Airways Limited.
The government, through the Ministry of Transport and Communications is set to relaunch the national airline this year.
CTPD Executive Director Isaac Mwaipopo says his organization continues to call on government to provide further financing plan for the national airline apart from the US$30 million that was announced.
Mr. Mwaipopo also maintains that the government should release the feasibility study that was conducted to show that the national airline will be profitable when relaunched.
He says Zambia should learn from South Africa and Malawi before relaunching the national airline.
He says Zambia is already indebted and hence the need to shelve the project until a time when the country is stable.
He has also noted that the appointment of the Chief Executive Officer of Zambia Airways shows that the government is going ahead to relaunch the national airline despite several calls for them to halt this project given the current economic standing for Zambia.


_________________________________________
MONEY FM IS ZAMBIA’S FIRST AND ONLY BUSINESS & PERSONAL FINANCE RADIO STATION. WE FOCUS ON BUSINESS AND MONEY-RELATED TOPICS, AS WELL AS GENERAL NEWS AND DISCUSSION OF WIDER SOCIAL TOPICS SUCH AS HEALTH, EDUCATION, FOOD, MUSIC, FITNESS AND MORE
___________________________________________

More From Author

Marketing Like A Prostitute

Ndiili Kunda and Michael Mulusa have an interesting conversation on hands-on marketing with Edwin Ngwane…

Read More

Future-Proofing Your Business Building

News of the Abyssal Wonders discovery has reverberated throughout the scientific community, sparking intense interest…

Read More

Car Enthusiast’s Dream: Exploring High-Performance Models

News of the Abyssal Wonders discovery has reverberated throughout the scientific community, sparking intense interest…

Read More

Leave a Reply

Your email address will not be published.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

You May Also Like

Indo Zambia Bank disburses K64 million under SAFF

Indo Zambia Bank has been actively involved in promoting sustainable agriculture through the credit facility.…

Read More

IZB receives positive Credit Rating, as Bank’s total asset base grows to K18.2 billion

AA- rating signifies that investors can have confidence in the Bank, making it an attractive…

Read More

IMF downgrades Zambia’s economic growth forecast to 2.3 percent

Growth in 2024 is now projected at 2.3 percent. Near-term reform priorities should focus on…

Read More