Breaking News

AirZim still riddled with financial challenges

by Staff Reporter
25 February 2013 | 3232 Views
Air Zimbabwe Acting Chief Executive Officer Innocent Mavhunga says his company is still riddled with financial challenges and will continue staggering its workers' salaries.

The national airline, which is on the recovery path but is still affected by financial challenges, has for long been struggling to pay its workers.

The workers have over the past two years gone on strike on several occasions, but have only received part payments as the airline cannot pay their full salaries.

Speaking at a media briefing in Harare, Mr Mavhunga confirmed that the national airline is still part paying its employees as they have not received the funds which they were promised by treasury.

Last year, Air Zimbabwe paid its workers half salaries for several months, a development that saw arrears ballooning beyond its capacity to pay.

Meanwhile, the airline's debt has risen from US$140 million to US$188 million during the last 12 months.
AirZim

Source: zbc

Comments

News Updates

Email:

Latest News

Magagula dismisses Chimoio's allegations as false - A sense of disbeli...

by Thulani Nkala | 01 October 2014 | 142 Views

'ZANU PF's succession battle a threat to Zim economy'

by Ndou Paul | 01 October 2014 | 428 Views

Zanu PF, MDC-T have failed Zimbabwe, says ICG report - THE Internation...

by Staff reporter | 01 October 2014 | 350 Views

SA permits appointment schedule commence for Zimbabweans

by Staff Reporter | 01 October 2014 | 1127 Views

'Zimbabwe is now an insolvent and failing state' - HARARE - The Intern...

by Staff Reporter | 01 October 2014 | 1026 Views

British fighter jets strike ISIS jihadists west of Baghdad - London - ...

by Staff Reporter | 01 October 2014 | 850 Views

Is Zimbabwe’s unemployment rate 4%, 60% or 95%? - Why the data is un...

by Sintha Chiumia and edited by Anim van Wyk | 01 October 2014 | 958 Views

Prophet Magaya lure derails Pastor Charamba concert - Charles and Oliv...

by Staff reporter | 01 October 2014 | 2750 Views

Why does Zanu-PF fear MDC-T demos? - WhatsApp update - Please note th...

by Concerned citizen | 01 October 2014 | 1857 Views

Drivers' licences for sale - YOUTH in Zimbabwe are involved in corrupt...

by Staff reporter | 01 October 2014 | 2901 Views

Zoey dancer undresses on stage - A DANCER with the group Sexy Angel...

by Staff reporter | 01 October 2014 | 3069 Views

Cops harassing motorists over licence disc that expired at midnight - ...

by Concerned Citizen | 01 October 2014 | 1662 Views

Woman sues 5 men for maintenance - A MOTHER of five children sired wit...

by Lethokuhle Moyo | 01 October 2014 | 3088 Views

Plumtree police ordered to release impounded bus - A court has ordered...

by Staff reporter | 01 October 2014 | 2362 Views

Mugabe's spy appears in court - A CENTRAL Intelligence Organisation (C...

by Staff reporter | 01 October 2014 | 2877 Views

Police complicit in the Breakdown in the Rule of the Law - Police comp...

by David Conolly | 01 October 2014 | 1285 Views

Ziqhenye ngolimi lwakho kuloba - Bekusindwe ngobethole izolo eMaphalal...

by Butholezwe Mpofu | 01 October 2014 | 942 Views

Chiwenga's ex-wife gets threatening phone calls - JOCELYN Chiwenga, ...

by Staff reporter | 01 October 2014 | 2702 Views

Grace Mugabe on campaign trail - First Lady Grace Mugabe is hitting th...

by Staff reporter | 01 October 2014 | 2054 Views

Mugabe faces gay gangsters - PRESIDENT Robert Mugabe is today expecte...

by Staff reporter | 01 October 2014 | 2214 Views

Mugabe loses Zanu-PF grip - There was widespread agreement among polit...

by Staff reporter | 01 October 2014 | 2405 Views

Child 'killer' driver in police custody

by Staff reporter | 01 October 2014 | 1522 Views

Truck hits 2 pupils, 1 dies on spot - A Grade Three pupil in Gweru was...

by Timoth Makohliso | 01 October 2014 | 1541 Views

Bulawayo cop steals bull

by Staff reporter | 01 October 2014 | 1618 Views

Abusive ex-policeman hammers wife to death - A woman granted a protect...

by Staff Reporter | 01 October 2014 | 1839 Views

Driver killed in haulage trucks collision

by Staff Reporter | 01 October 2014 | 1713 Views

Phillip Chiyangwa: his social media antics

by Problem Masau | 01 October 2014 | 2373 Views

Banana 'ended' Gukurahundi, says Mudenda - SPEAKER of Parliament Jacob...

by Staff Reporter | 01 October 2014 | 3077 Views

Zanu-PF fights spill into court - Zanu-PF's vicious succession battles...

by Staff reporter | 01 October 2014 | 1638 Views

Entertainment

Pokello urges Zimbos to support local BBA reps

by Staff Reporter | 01 October 2014 | 1148 Views

Izithunywa Zezulu Gospel Group - Yizwa Imithandazo Yethu - Sekwenzakel...

by Staff Reporter | 30 September 2014 | 608 Views

Tuku releases lyrics for new album ahead of launch

by Entertainment Reporter | 30 September 2014 | 1460 Views

Mtukudzi to release new album - Music superstar Oliver "Tuku" Mtukudzi...

by Staff reporter | 29 September 2014 | 1451 Views

Parliament TV Channel in pipeline - PARLIAMENTARY debates might soon ...

by Staff reporter | 28 September 2014 | 1212 Views

Omkhula, the funniest guys I have ever seen - NOW that the Intwasa Ar...

by Christopher Mlalazi | 28 September 2014 | 2745 Views

Albert Nyathi collaborates with Shabalala Rhythm's Maqhinga Radebe - R...

by Bekezela Tshuma | 28 September 2014 | 978 Views

'Return of Mukanya' cancelled due to visa delays - THE much-awaited Th...

by Staff reporter | 27 September 2014 | 1916 Views
iBlog

Yet Another Wave Of Digital Destruction Is Coming

Malware fever keeps on raging, taking sophisticated forms to wreak havoc around the worldwide web. even if your system is guarded thoroughly, you are still skating on thin ice, so you should better keep your eyes open and think twice before you make ... Read More
SecNews 02 March 2014 ago

Obviously, Windows Xp Has Nothing More To Offer

With no support from the manufacturer, windows xp no longer receives antivirus updates, which provoked an increase in the number of attacks on xp users. according to avast company, windows xp systems are attacked 6 times more often than the devices r... Read More
Sergey 12 June 2014 ago