Breaking News

AirZim still riddled with financial challenges

by Staff Reporter
25 February 2013 | 3274 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

Latest Classifieds (Click Here For More)

News Updates

Email:

Latest News

'Mugabe strong armed by the Chinese to support Mnangagwa': Report - T...

by Staff Reporter | 31 October 2014 | 446 Views

Mugabe urges party to follow regulations - President Mugabe has implor...

by Staff reporter | 31 October 2014 | 635 Views

Mujuru's lawyers speak out - Musunga and Associates law firm said it c...

by Staff reporter | 31 October 2014 | 1448 Views

Woman drags young sister to court for sleeping with her hubby

by Staff reporter | 31 October 2014 | 1080 Views

Man commits suicide after girlfriends clash at his place

by Court Reporter | 31 October 2014 | 948 Views

Mujuru on the ropes as Mugabe says Grace has right to be in politics -...

by Staff reporter | 31 October 2014 | 778 Views

Woman gets protection order against love rival

by Court Reporter | 31 October 2014 | 444 Views

Mujuru, Mnangagwa to be probed - President Robert Mugabe will soon set...

by Staff reporter | 31 October 2014 | 1055 Views

Thousands demand Mujuru's resignation - Scores of Zanu-PF supporters y...

by Staff reporter | 31 October 2014 | 606 Views

Our hands are clean, says DJ Munya

by Court reporter | 31 October 2014 | 656 Views

Zanu PF divisions reach boiling point, Gwanetsa fired

by Staff Reporter | 31 October 2014 | 816 Views

Britons plan $100 million Zimbabwe investment - The Zimbabwe Investmen...

by Staff reporter | 31 October 2014 | 399 Views

Delta cuts down Chibuku production - DELTA CORPORATION has stopped pro...

by Staff reporter | 31 October 2014 | 418 Views

Man kills wife with the help of granddaughter

by Staff reporter | 31 October 2014 | 548 Views

Mugabe takes a swipe at Kaukonde for bankrolling Mujuru's underground ...

by Staff reporter | 31 October 2014 | 831 Views

Mugabe defends 'Cde Gamatox'

by Staff reporter | 31 October 2014 | 842 Views

Bogus car dealer busted

by Court reporter | 31 October 2014 | 576 Views

'Vote Mujuru out at congress,' says Mugabe - PRESIDENT Robert Mugabe o...

by Staff Reporter | 31 October 2014 | 1001 Views

Grace Mugabe's mini 'unity accord' collapses - THE mini 'unity accord'...

by Staff reporter | 31 October 2014 | 904 Views

Chaos in Zanu-PF structures

by Staff reporter | 31 October 2014 | 676 Views

Constitutional amendments divide Zanu-PF - A SILENT war is raging in t...

by Staff Reporters | 31 October 2014 | 540 Views

The British are coming to kneel before us, Cdes - Dear Cabinet andPoli...

by cznotebook | 31 October 2014 | 541 Views

'Jabulani Sibanda sent by Satan,' says Mugabe

by Staff reporter | 31 October 2014 | 1313 Views

'Black Jesus' demands to be declared paramount chief - CONTROVERSIAL M...

by Staff reporter | 31 October 2014 | 543 Views

Bus accident, 2 drivers killed - TWO people, both of them drivers, die...

by Staff reporter | 31 October 2014 | 715 Views

'Teacher steals students' exam fees' - A TEACHER at a private secondar...

by Staff reporter | 31 October 2014 | 475 Views

Tsvangirai speaks on MDC-T coup and Grace Mugabe - Zimbabwe's main opp...

by Staff reporter | 31 October 2014 | 1129 Views

Kembo Mohadi suffers a major blow - HOME AFFAIRS minister Kembo Mohadi...

by Staff reporter | 31 October 2014 | 860 Views

MDC defector struggling to pay back Welshman Ncube's bail money - THE ...

by Staff reporter | 31 October 2014 | 418 Views

Entertainment

Oliver Mtukudzi to get 'real' PhD - ICONIC musician Oliver Mtukudzi is...

by Staff reporte | 30 October 2014 | 2512 Views

Zimbabwe's JJ survives Big Brother Africa eviction... again - Zimbabw...

by Staff reporter | 27 October 2014 | 2017 Views

Carl Joshua Ncube to star in game show - Comedian Carl Joshua Ncube wi...

by Staff reporter | 23 October 2014 | 1554 Views

LadyBee Anondida - Official video

by Staff Reporter | 23 October 2014 | 4010 Views

Zim representative in the Big Brother Africa survives eviction - Zimba...

by Staff reporter | 20 October 2014 | 3456 Views

Grace Mugabe's political comedy takes ZTV hostage - For the past two w...

by Staff reporter | 20 October 2014 | 6498 Views

Oliver Mtukudzi to deliver lecture at Musica 2014 - Zimbabwe's interna...

by Staff reporter | 19 October 2014 | 2115 Views

Gezha maoko - Ladybee (Official Video)

by Staff Reporter | 19 October 2014 | 4104 Views
iBlog

The Zero-day Vulnerability Cve-2014-4114 Impacting All Versions Of Microsoft Windows

new microsoft windows zero-day vulnerability - cve-2014-4114on tuesday, october 14, 2014, isight partners - in close collaboration with microsoft - announced the discovery of a zero-day vulnerability impacting all supported versions of microsoft win... Read More
SecNews 16 October 2014 ago

The Nsa Gets An Ok For Telephony Metadata Collection Yet Again

As much as we’d like to forget about the national security agency (nsa) and its mass surveillance program, it seems that there is no distracting ourselves from this unnerving reality.missing from the news for quite some time now, the issue has resu... Read More
SecNews 09 July 2014 ago