The resuscitation of Air Zimbabwe has started in earnest following the commencement of work by a Government appointed administrator to superintend over the national airline’s revival, a Cabinet Minister has said.
Transport and Infrastructural Development Minister Joel Biggie Matiza said Government had appointed Mr Reggie Saruchera of Grant Thornton Chartered Accountants as an administrator to revive Air Zimbabwe in terms of Reconstruction of State Indebted and Insolvency Companies Act.
“The administrator has now started his work at Air Zimbabwe in fulfilment of his mandate. He was given six months within which to find ways to turn around the national airline. He has to identify what needs to be done and we will be working closely with him as Government,” said Minister Matiza in an interview.
He said part of the mandate given to the administrator was to explore ways to restructure both domestic and external debts for Air Zimbabwe through engagement of creditors. The national airline is saddled with legacy debts of over $334 million from both domestic and external creditors.
More to follow…
YOU MAY ALSO LIKE
11 SLAYING PICTURES OF MADAM BOSS SHOWING OFF HER SE_XY, CURVY BODY THAT HAVE SET SOCIAL MEDIA ON FIRE
Tyra Chikocho is a Zimbabwean gospel musician and comedian who is popularly known as Madam Boss. As a gospel musician she has staged shows alongside Shingisai Suluma, Kudzi Nyakudya and many others.
Chikocho was born on April 10, 1985, at Harare Hospital. She is a beauty therapist by profession. She was married to….more here