Government has maintained that it will not commit itself to bailing-out Zambian Airways from operational problems because doing so would set a bad precedent to competitors in the local airline industry.
Communications and Transport Minister, Dora Siliya, said bailing-out the privately owned airline would set a costly precedent because there were other competitors in the aviation industry which were experiencing operational problems.
Presenting a Ministerial Statement in Parliament on the suspension of operations by Mines Air Services Trading as Zambian Airways, Ms Siliya maintained that government would not offer any financial commitments to the airline because it had other serious development programmes to implement.
Ms Siliya, further, said that her ministry in collaborations with its sister ministries of Justice, Finance and Home Affairs were holding serious talks to consider taking legal action against the airline over huge sums of money owed to various government institutions.
She cited the Development Bank of Zambia, DBZ, which is owed US$4 million, Zambia Revenue Authority, ZRA, US$2.5 million, National Pensions Scheme Authority, NAPSA, US$2.5 million and National Airports Corporations, NAC, US$2 million among among government institution owed by the company.
The defunct airliner also owes Investrust Bank US$1.5 million, Finance Bank is owed US$6.3 million and US$9.5 million to other trade creditors.
Ms Siliya said government has no plans to bail-out the Zambia Airways which she said was both insolvent and illiquid with its internal management accounts standing at about US$29.4 million.
She further warned that her ministry would not hesitate to revoke the aviation airline operations license in order to protect the country’s aviation industry from further imbalances.
She was responding to a question raised by Chifunabuli Member Parliament, Ernest Mwansa, who wanted to know what stringent measures government would take to protect the country’s aviation industry from companies that will be abrogating their operating licenses.
Ms Siliya, further, said government was working out modalities to protect the aviation industry from unnecessary job loses due unjustified suspension of operations.
She cited increased investment in the sector as one such measures of safeguarding employment in the sector.
She also revealed that government through the Ministry of Energy and Water Development under the Energy Regulation Board has reduced the cost of aviation fuel from US$1.58 per litre to 85 cents per litre as another measures aimed at helping the sector grow.
She further disclosed that government will not welcome proposals to defer Zambian Airways debts as it was more political rather than a business strategy.
Ms Siliya, however, said the suspension of the airline industry was a sad development to the country as the aviation industry was key to the country’s economic agenda.
Zambian Airways suspended operations a fortnight ago, citing high operational costs triggered by high cost of jet fuel.
The move left scores of passengers booked on the airline’s local and international flights stranded.
The Mines Air Services Trading as Zambian Airways is a 100 per cent privately-owned airline with JCN Holdings Zambia holding 57.5 percent shares, Post Newspapers 30 per cent and the Seaboard Overseas of United States holding 12.5 per cent shares.
However, the information obtained from the Patent and Company Registration Office by the Ministry of Transport and Communications has reflected a shareholding of 50 per cent each between Mutembo and Nchima Nchito brothers respectively.
ZANIS/TK/ENDS/SJK
ok
To be honest we have no money
? So what next? they drown just like that? no incentives or subsidies of any form?
dont just bailout just because America has bailout, we have no money.
Yes that is the right decision. No private company has ever been bailed out anywhere in the world. Zambian Airways was not a listed company like US banks or GM. I applaud the decision by the govt.
And coming to the ZA management, how could they let such debts accumulate in such a small Zambian economy. What were they thinking? How did they think they could payback those with $100 dollars one way trips? This is gross incompetency of the highest order
It`s a shame because the people to suffer are Zambians who were using the air line. Irresponsibility or just squeezed out, the fact is it`s a step back.
Sorry to those who have lost their jobs.
#3 Have you not read. This is what is next
“Ms Siliya, further, said that her ministry in collaborations with its sister ministries of Justice, Finance and Home Affairs were holding serious talks to consider taking legal action against the airline over huge sums of money owed to various government institutions.”
These guys are going to jail. I don’t see them paying back the debt by selling newspapers and prolong trials for plunders. Convictions are rolling in thick and fast and these case will be over in no time.
I like this girl now…I am salivating with than Pinkish pinkly…but I dont like the way she has rejoiced over Zambian Airways issue…Has she got beaf with Nchiotos…most likely
#7
Is it personal?
Gov’t should bail out the airline or possibly do a take over so as to serve jobs and as well promote a “national airline”. Zambian Airways is the country’s flag carrier.
The debt is too big, well, I saw this coming. After those differences with the govt you can’t expect them guys to be bailed out. Sad state of affairs.
This company was badly managed and probably plundered by the owners (dividends instead of re-investment). A bailout is would be rewarding them for their plunder.
Yapakisa mahafu aya..ba! But if the company is insolvent/illiquid…taking court proceedings drg efforts to repay creditors.
This is all the evil works of RB. He has a foreign investor in mind who has bribed him. Just wait and see. Has the Mwanawasa legacy already melted?
#11 Concerned CitizenI like your idea…GRZ should take aquisitions of the airline…but the problem with that is welcome back Zambia Airways, where every child of Zambia Airways employ was on honey moon with its flights to any destination of their choice…results are likely to be the same anyway.
MMD Chief Bootlicker I have seen how you get excited whenever this story pops up.
Just asking, have you got personal issues with the guys? Is it a case of being jealousy as is the case with us Africans?
If it`s jealousy, rise above it my brother. If it`s personal then;). I bet you are over the moon if it`s the latter. Server the moment.
10. Ultra..
The flag carrier is you & every other Zambian,Zambian Airways is a privately registered airline that does not deserve to be further mismanged using tax payers money.Our govt has made its calculations,it’s not worth it taking over a private airline because it’s simply illogical; as all airlines are almost doomed these days,the 250 or so employees at ZA do not warrant a bailout by govt or take over,it’s simply not worth it,would have been different had the company had a huge workforce.
#9 It is not personal, its business in the real world. If you don’t play devil’s advocate to your decisions, reality will do it for you..and when reality does, it is not pretty and their is no appeal anywhere in the world courts when reality delivers it’s judgment.
That is what is happening
Pardon me LT is does this paragraph have the correct amount?
I quote, ‘Ms Siliya said government has no plans to bail-out the Zambia Airways which she said was both insolvent and illiquid with its internal management accounts standing at about US$29.4 billion.
Did you mean US$29.4 Billion or Million ?????’
:o:o:o
Iyo mayo namwina,ala mwalapoleka
Legal proceedings actaully are meant to property grab the air-crafts by Siliya…because if a company is illiquid…it has no capacity to ofset debts…but can only surrender its assets in equivalent value.
#16
Nothing personal here but you fail to contend your excitement more like a child in a candy shop.
I only hope we don`t get to hear stuff about this issue. It`s not right for these guys to accrue such debts yes but in Zed anything is possible.
I hate ili i hule – Siliya!
LESSON NUMBER ONE: There is a difference between being a smart prosecutor/Lawyer and being a business chief executive. We never learn, do we!! Amazing! Zambian Airways went under due to management’s incomptence, FULL STOP. It had nothing to do with the global credit crunch. You don’t run an airline like the way you manage your fleet of cars at home. Mtembo Nchito, take a leaf!
#19
By a process called “inductive reasoning”…I deduce LT meant USD 29.4 Millions.
#18 MMD Chief Bootlicker
#22 Was a continuation of #16. You have already answered thanks. No offence, and yeah nothing personal! :d
23. Keyser Söze
Is it because you prefer high school dropouts to run affairs of our nation,you prefer people who don’t analyze before deciding.
Wake up Zambians,it’s nothing about RB vs Nchito & The Post,it’s about reality,i ain’t no fun of RB but i think his govt has made the right decision # 12. Suchi has summed it up well.
#23
Mwalilya bushe naimwe! Was it take way! Chalikwata kaa!
Help them out if you can & if they influence the economy!!!!!!!
This is the correct decision madam. Can government also explain why so many of its departments were unable to collect money from Zambian Airways for so long? In the case of DBZ it looks like its board was just forced. Zambian Airways saga is a classical corruption case. Can these people be prosecuted so that they follow their friend Musonda in jail? What goes round comes round. This is what happens when you play with fuel.
# 27
Exhibit A: the wife to the CEO would jump on an airline to shop in Jo’burg bwana. Even when going to work to teach students on field work in Ndola….she would fly to Ndola baba. That seat was worth something.
I understand the stance the govt has taken on this, the directors of the airline should have acted sooner……….i’m sure the govt has better priorities for the $30 million the airline needs like a new major hospital or more schools!!
Hello fellow Zambians can anyone help …Do Zambians holding a Zambian passport need a visa to gain entry into China. and if any what are the restrictions or conditions to enter canada , because i want to travel to china …any one help
Sometimes it can be important to take such drastic measures to protect some angles in the countries economy, jobs for example ,so it is not a very strange idea if magande almost did it to protect not only peoples jobs but also the countries pride in having an airline which is a flag carrier. :)>-
sorry , ment restrictions and conditions to enter China
Well let us hope this government knows whats best for the economy!!
the bailout would obviously come with conditions (directors and owners could have been replaced)………… pity though because the copper prices are already low and the tourism industry will now be negatively affected by the closure of zambian airways 🙁
SO dora has the guts when nearly all countries are bailing out,for the sake of saving jobs. :x:x
# 25 thanks brother, your sentence construction reminds me of my science classes. I salute you. :-w
33 call the Chineese offices where ever you are. Conditions differ from place to place and from individual to individual. But all the best. :-c:-c
# My friend, 3RqU, to be honest, what got me worked up on this story was those calling for a bailout for a private company. That goes against the core values of capitalism.
There are great Zambia companies like ZAMBEEF which has been working hard creating a lot of jobs and increasing dividends to shareholders and last year with the credit crunch they increased dividend payout by 53.5 %. This is a public company listed on LuSE and any Zambian with K 3 500.00 today can own a piece of this company and their directors & management have proved that they work for Zambians. These are the companies I will entertain bailout talks if they hit a bad patch. All financial records are public.
Ala bwafya. This is the end of fred and the Nchitos.
Na imwe kuno muchengele other wise the locals will grab those jobs you are holding on to. I mean UK job losses. Inform on sky blog.
correct decission by the gov’t. But they should now replace it with a new air line and they should stop waiting or hoping for investors to always do there job. We vote them in so they can take the blame and make something out of mistakes like this.
From the figures the Minister has given, I have done simple addition. Zambian Airways owe government departments US$11 million. Government cannot just afford to lose so much money. What happened, why were government departments sleeping instead of collecting their dues? There was certainly negligence on the part of government for letting the debt swell to such gigantic levels. This air line looks like it was just a scam used to symphony money. If corruption involved in this case cannot be prosecuted, then we are certainly not serious about fighting corruption. Then there is no need to prosecute Singongo for a mere generator. It does not make sense.please no selective prosections
#41 MMD Chief Bootlicker. No worries.
After this Zambian Airways saga there are potential criminal charges hanging over the Nchitos. It is therefore prudent for the Task Force to re valuate its continued use of the Nchitos as its hired prosecutors in the Plunder cases. The Nchitos now have no moral standing to prosecute anyone.
Dora did the right thing on behalf of the country. These chaps are just opportunists. Their Air line collapsed a long time along. It was in a coma. Now that there is a global financial crisis, these opportunists want to claim that their company collapsed because of the same. These opportunists have never run a business and do not know the difference between debit and credit or receipt and payment.
#44 i could be wrong but by the looks of things i dont think GRZ was sleeping when these bills wre accumilating at some point in time attemps have been made to collect the dept owed but .there must have been an invisible sheild by the name of Mangende or something like that tha finance minister in mwanawassa days that was protecting this airline hence . the fred memebe support of this mangnde to run for plot 1. now Dora the explorere has found the chance to do the right thing .
Besides , there are more viable airlines Grz can support for national airline …….PRO FLIGHT …..what do you thing
Government has made a good decision. These directors did everything possible to block RB from becoming the president so that they receive a favour from Sata.Just concetrate on newspapers and plunder cases.
Nab Mutembo.He has been 2 hard on others.God sees everything here on earth.
Sarah jones, how is work so far? That woman you snatched the husband, is in misery. Take her husband back please.
If they owe ZRA the people intrusted to collect money on behalf of the govt. then it will be drama in the country.
mwatampa ukutuchinga-ifyesu tafilefika
I wonder where we are heading to in Zed. We are killing ourselves as we don´t know what is good for economy. Think like wise people.
Sorry, but streets never forgets, not necessarily streets but dont step on people´s toes when going about doing business especally when you very well know that you are replacing business with personality. Fred said many personal things about Banda even Siliya herself the time she was in Egypt calling her a “party girl”. Now lets see how good his defence is. Fred your offence is over. When two elephants( the Gov vs Nchitos and Fred) fight , it is the grass that suffers( ZA employees). More popcorns please, the Filimu has started.
The govt of Rupiah Banda is a bit of a disaster! I wish them a happy stay in power.
halo flash#33 &35.i like your humble enquiry and openess maybe i can share something with you from my experience.
Yeah.you need a visa to go into china which you can get from their embassy here.but the process is long you need docs like invitation letter from china.company letter and statement of accounts etc. But the quickest way is you can fly into hong kong you dont require a visa then go to kowloon at tsim tsha nsui at eithier mirador or chung king mansions.these are cheap loding apartments.
contnd from#58. Once there the same apartment you lodge in they act as visa argents for china,thailand, etc. The file in your applicatins at 9am and by 16pm you get your visa then you can plan your journey going to mainland china.there is an electric train from hongkong to guangzhou from 06am to 20pm at intervals.am sure you have learn something
Ndumbwiii….Dumbwiiii….Thats the sound of a stone falling into a water well.
The above motion has similar eigen values to the process of investing money in an airline. The resonance frequency is reached in the first mode when mismanagement is introduced thereby by reducing the damping factor as per Kelvin model. The company vibrates at a frequency greater than the natural frequency of the supporting structure (govt, creditors) and collapses.
Whilst the Governments stance is appreciated we need to know why;
1.It took them so long to act in order to try and collect monies owed to it ,if at all any serious attempts have been made.
2.It allowed the airline to fail only after the general elections and after the death of LPM-SC (MHRIP)
3.Why they prefer to sue an “illiquid ” company that clearly by their definition has no capacity to pay back what it owes to its creditors.
4.Why they prefer to absorb millions of dollars in losses and stiil claim they have no money for bail outs.
In any case Zamabian Airways have merely suspended operations and have not asked government for a bailout as far I know,however their ability to borrow money in order to finance their operations depends on them getting government backing as a gurantor of their loans.In short Yakosa Bola :d
The post, are we safe?
“Ms Siliya, further, said that her ministry in collaborations with its sister ministries of Justice, Finance and Home Affairs were holding serious talks to consider taking legal action against the airline over huge sums of money owed to various government institutions.”
Please do this thing very fast as the said ZA owes GRZ a lot of money which could be used to build hospitals and buy equipment to help in treating heart attacks and strokes.
The stance on not bailing out ZA is also a positive one as it is bad practice to do so since the company is privately owned. Hats offf to the President RB Banda MMD GRZ for this stance.
No need to bail out Zambian Airways.
ZAMBEZI AIRLINES has just leased two boeing 737-500 (like the ones Zambian Airways was using) and will be soon servicing the Joburg-LSK and Dar es salaan-LSK route.
Good business ethics must be praised and bad business ethics must be frowned upon.
CONGRATULATIONS ZAMBEZI AIRLINES AND GOOD LUCK!!!! >:d<
If the truth be known, the Government have done sufficient to try and bail out Zambian Airways, thus the debt of circa $11 million. Whilst appreciating the recent high oil prices and general economic downturn, Zambian Airways has been mismanaged by a CEO who has no place being a CEO in a specialised industry requiring massive expertise. Bottom line, when you look at companies requiring urgent bail out from government, Zambian Airways comes no where near as say Luanshya Mines, which could lead to the entire town coming to a stand still with no economic activity. With the fall of Zambian Airways another airline will take up the opportunity to close the void.
hhhhhmmmm Looking at the way the Post were conducting themselves during the elections campaigns, its difficult to see how they could get govt sympathy. They concetrated in trying to make Kings for Zambia instead of running their bussiness….
As to weather Govt should bail them out: The answer can only be found by compairing how many jobs would be created of saved if govt invested the same amount in the mines or agriculture. I hear ZA employees about 200 people, thats far too less compaired to the mines. So, the principle of resource maximisation would require govt to leave ZA to themselves and use that money if they have it, in other sectors that would benefit more than 200 people.
FJT must be the most happy person in all this given the prosecution by the Nchito Brothers/Membe. I can understand why he was ever so eager to campaign for RB in Luapula. Its’ all about sorting each-each out and yest FJT supported the owernership of Mine Air Services by the Nchito Brothers before they fell out. I hope these events do not derail Fred Membe’s campaign against corruption/theft as his association with these brothers could have a negative impact on how him/post are perceived in the future. Go on boys sort each-each out!
No Government bailout for Zambian Airways
Good!
The money will do more good at UTH or UNZA, or rural clinics or Primary schools……
This is one of the smartest business and policy decision GRZ has ever made to avoid rewarding plunders and dangerous incompetent self allorted CEOs.You don’t risk public funds to a private business way off its debt risk ratio beyond redemption.Withing few operational months ZA has become both insolvent and illiquid with staggering US$29.4 million debt yet without financial structure to convince creditors the way forward.Bailing them out without security value will be promoting the mushrooming of these 408 nigerian type of business scammers ZA has proven to be.Don’t bail them out but stand with creditors.They have committed economic sabotage. :”>
Must be made to settle their obligations.Letting them loose will only promote 408 scamming businesses there by eroding investment confidence in the economy as unregulated and protected.Both institutional and private investors, creditors or venture capitalists would become too strict with the process of risk to our economy.Borrowing would become very difficulty resulting into higher interest rates and security value to loans.ZA was run by economic saboteurs no different to Aaron Chungu, Kabwe, Stella Chibanda, XF Chungu and Chiluba before the courts.Pursue them to the recovery line and restore confidence in the economy.
#52 Anonymous.
Am really sick of your attitude towards me.
I and my husband have decided to sue you.
I can’t have someone saying lies about me on a public website.
I will contact LT for your details.
With this credit crunch I might end up getting your wifes’ wages and yours as well. You better tell your wife that you are in trouble for your loose mouth.
When is Zambia and Zambians going to come out of this pull him down syndrome, who suffers at the end of all these struggles and fights, it’s the common Zambian who may think of investing in Zambia as this means if one critises the Govt then there is pay back time, where is democracy, i hope the people rejoicing will not weep 10 years later when they look back at an opportunity that was there to correct wrongs in our country and economy. God bless Zambia.
How did she manage to gain weight, is she comfortable?
#73,
It is incompent thinking to think indignisation is characteristic of rewarding incompency and 408 scamming business.How do you justify a 100% indebted business expanding on more debt 100% capitalization? No financial structure in place for 2 straight years but sinking deeper and deeper in debts.You expect public money to go into this? What is the difference to Luanshya’s Binani mines that shreded US $375 million in series of US $ 100 Million plus allortments? If you call that PHD, then you are a danger to your place in public life.
It will be very shameful to be part of a country withiout a national airline should the gov decide to liquidate it. Probabuly the best option is to nationalise it though nationalisation discourages competion in a particular industry. But at the moment, well.. that the way forward.
MR. MWANAWASA AND MRS WERE SHAREHOLDERS OF ZA THROUGH MUTEMBO. THATS WHY GOVT TOOK LONG TO ACT. THE TRUTH WILL ALWAYS TRIUMPH OVER EVIL AND LIES. REMEMBER CHILUBA SAID HE WILL LOOK AND SEE THE STONE CRUSH THOSE WHO HAVE BEEN CALLING HIM ALL SORTS OF NAMES. THE STONE HAS STARTED TO FALL. WATCH THIS SPACE
It would be even more shameful to be part of a country whose government is sinking money into a national airline that is not economically viable for reasons of pride while its citizens suffer in poverty.
Business is about taking risks and making sound judgements. That applies to both the custodians of the business and the owners. If the airline cannot stand on its own feet, and it also does not have a business model that can convince investors that it is a viable going concern, then the government should not waste tax payers money bailing it out. There are higher priorities for the Zambian government to address.
Right on girl!
The darkest day and shame will be when as a people and country we will subscribe to the push of rewarding incompetence, 408 scams and greedy with tax payers’s money.
Let me just ask:
Suppose the owners of this airline were friends or relatives of RB would people have been advocating a bail out?
I doubt it.
Do to others as you would have them do to you.
Guys, how many private businesses are operating in Zambia? How many private airline companies are there in Zambia? you will agree that there so many. If Zambian Airways succeded, where they going to share dividends with Govt? No at all. Moreover, they have failed to pay tax to ZRA. This company was being run by incompetent managers. Mutembo can only pursue plunder cases in court not running business. Already Mutembo is reaping from the state through the plunder cases, why should we pump in money into his mis-managed irline?
Viva Dora Siliya. No bail-out for Zambian Airways.
$24.9 milli,i wonder how zambian airways will get themselves out of this one – if they will! ~:>~:>~:>
No. 81 VOTE RIGGER
So is it your contention that where corruption has existed in the past, or where it might exist in the future then the correct course of action is to be corrupt today?
This is a just failed business that should not be saved with tax payer’s money.
It does not make sense for GRZ to refuse to help the Zambian Airways owned by Zambians and for the Zambians (the only national flag carrier. Honestly, this will have a negative impact on the Zambian tourism industry. If GRZ can afford to give 5 year tax credit to international companies (so called investors), why not a Zambian company? Come on you guys, where are all the big brains. The only solution in the meantime, is to nationalise the company before it is too late(unless you have better ideas).
When people are not sleeping on the floor in hospitals; when new born babies are not being killed by the non existence of functioning generators during hospital blackouts; when all when children have access to clean water and so on and so, only then should the Zambian government contemplate bailing out failing companies such as this one. The tax relief for mining companies issue is more complex than has been outlined here. I have yet to see the full details that underpin the headline for tax allowances and therefore will reserve comment until I have. However, if negotiated properly such agreements can still yield significant benefits for the country.
Well the Govt can take over (nationalize)the airline, Luanshya mines and other ailing companies if they were mismanaged. History will judge all these decisions which may have an influence from the pull him down strategy.
# 72 Mrs J
How do you suppose to sue #52 ,just curious . I of the understanding that this site is indeed a public forum for people to comment on headlines , now how would # 52 know who you realy are unless you f.o.o.lishly use your real name, and by you always responding to his comments does nothing but fuel his ego . befor you get ahead of youself mrs J , simply use an ailias , and 2 dont bother respond or react o # 52 anymore that would put a cold stop to your problem and if # 52 in anycase is using a lap top riding on other peoples IP add how do you sue him…. Grow up miss and play smart this is the hitech age dont use your real names on public sites like this or you risk being burnt
Thats the best decision!! How can one xpect Gov to bail private companies out? its nonsence. Todays world is survival of the fittest.
Guys no need to worry so soon am sure Zambezi Airlines will fair better. Romour has it that its in the process of aquiring more jets and am sure if they do that they will take over the Zambian Airways international routes.
Lets be positive!!
Zambezi Airlines have bot more jets to take over from the deceased.
One goes the other takes over thats how business is.
NO TO BAIL OUT!!!!!!!!!!!
OMG i thought i was in touch with all things zambian. the last time i remember seeing dora siliya as a news anchor on ZNBC in 1999. ten yrs later she’s minister wow..
I hope it’s not the pull him down strategy at work here and the concerns are genuine and not from the pull him down strategy, i don’t see a problem of having many Zambian airlines doing business in Zambia, infact this should be encouraged so that there is competition which would result to quality services. If the Govt cannot bail out Zambian airways which i am sure history will judge them for, then Zambian Airways please look at options of merging with other airlines in other countries maybe the conditions would be favourable for you and please do not give up on your dreams in aviation, when one door closes others will open. God bless Zambia.
:-?:-? Yes Dora is 100% right that govt is not in any way right to bail out a private owned Company, the gross mismanagement of this airline is absolutely the responsibility of the Manager as such, is the responsible of management. Govt can only offer a favorable envinroment for the company or probably give them a tax waiver which also is done after serious considerations in part.
91. Saintybabe, Ben Kangwa, from ZNBC too, is now at the Zambian Embassy in the USA.
Keep doing what is good and be lazy to do any evil.
===
LT 2008 Award Winner.
=; for Zambia in 2011.
91. Saintybabe,
In life, education is the vehicle for upward mobility.Like Chibamba Kanyama now senior economist and Corporate Managing Director at ZSIC, Dora is a woman of excellence and determination.She went after an MBA and earned it within few months with distictions.Did some consultancy jobs, turned down a number of attractive opportunities but took the offer to serve at our High commission in Nigeria as Deputy Commissioneer under Mwanawasa.An opportunity to run as MP in petauke was a road to full cabinet position with an MBA to shape her policy decisions.Education and patience are virtues.
What a headline, from lawyer to airline ceo to loser man.hhhhhhhhhm i wonder what they having been doing but some one said they dont even give food in their planes so where did they acrue this mammoth 29 millioni dolaz
I thnk GRZ has a duty to listen and look into ways of resusticating the ailing ZA. Better still they cam come in with a 50-50% takeover bid when bailing out ZA. Its not GRZ private money, its taxpayers’ money that the will use. All over the world, GRZs have a vested interest in the runnings of public companies. Thats fact they left this too late they are culpabale of neglect as well. The only way to sort it out is to bail ZA and take control in order to recoup monies thus invested. Pls dont listen to Dora, she has an axe to grind with the Post.
The people who administered Zambian Airways were not professionally qualified to do so.Zambian Airways was not a non-profit making Airline, it was a profit making Airline, their operations were supposed to be tailored for making profits as any business concern. The Transportation Minister is right, no bail out for Zambian Airways.If anybody wants to run an airline ,it must operate viably, in conformity with normal business ethics.
#98 not all business run profitably, that a fact my two yr old know. There are several factors that will affect the profitability of a business. The concern here is about protecting the greater good of the Zambians who will ne left jobless when operations cease altogether at ZA, and the stake GRZ has about empowering locals. GRZ has a duty to ensure this flag carrier is brought to its feet. This is happening world-wide. GRZ show leadership. The common good shud overide petty agendas.
It would make sense to rescue a farming company as to a local income country food is a very important commodity. Don’t know how many average zedians would benefit from the bailout of an airline, only the ‘apamwambas’!
What the HELL the whole frickin excuse of a country should file for bankrupcy. Siliya Siliya who the hell is that ho. Chisha’s ex?
or better still Chisha’s reject
All she did at ZNBC was fight with Emelda Yumbe
Hey man Cha cha and others personally attacking the minister. You are the real the real “pull him down” worshipers. This woman has achieved a lot for herself that is admirable, moving from a TV anchor to a minister and by the way she has the educational credentials. This is a smart woman. Why the jealosy. The issue here is govt position & cabinet responsibility. So attack govt and not her. By the way I think govt need to set up a Task force to find out why this ZA was not even paying Taxes and obligations to NAPSA and why Magande wanted to even exempt them from paying National Airport fees. This company was a SCAM. A modern day ZAMTROP. We need to know the truth. How many small firms had..
M’membe take time to look back at what you’ve done in the recent past,how many people have you built or destroyed by you writings? The difference will determine your fate, “If you rose by the sword ,you will fall by the…….?”
Ama Newspapers tubelenga ubwingi free elyo iwe uletulipilisha?
TWAISHIBA REASON NOMBA.
ctd from #104 How many small firms had bailifs swing in and grab their assets just because they owed ZRA few thousands of Kwacha in VAT returns. I know my friend’s business that was shut down and all asserts confiscated by the ZRA chaps. These ZRA chaps are no nonsense guys. Every small business guy in Zambia knows that. So why did they let zambian airways off the hook. Magande needs to be made to account. Zambian Airways was a SCAM and despite not paying taxes they could not even make a profit. No bailout is good decision.
Its curtains for ZA. I wonder, was their business only done on credit, & why does it appear that only they were accumulating debts? What kind of business was it anyway. On the other hand ZA should b comforted to know that they r not the first ones to go burst. Nor will they b the last ones. It started with Zambia Airways, we were all sooo very proud of that oneas it was our national airline. Then there was Aero Zambia, this one belonged to Torkoff. was there another one after these two anyone???
#102….Its the other way round.She showed Chisha the door,but thats not the issue here.
I remember Sata warning ZA crew members that once PF took over from Levy (MHSRIP) he was going to make the Nchito brothers account for the GRZ moneys they took to set up the ”rubbish” airline. Today i read in sata’s paper(post) asking GRZ to move mountains and save ZA !!
The same person who didnt lift a finger or ciger to stop Penza from closing down QZ…
:d/
Most analyses on this subject are based on either personal afiliation or personal hatred.Those who are UPND cadres don’t like fred coz he projected sata instead of their HH,the MMD cadres also don’t like fred coz ripped nyama soya down to his skeleton.The FTJ fanatics hate the nchito brothers’ for being prosectors in his plunder cases.For Dora,some guys are either envious and can’t take the fact that she’s now minister after being a news reader.All in all,there’s just too much petiness in this all saga.Zambian Airways is a private entity which should go beyond personalities.People got jobs to preserve and feed their families from them.By the way,Fred is not a shareholder per se,it’s the post
Kanshi bakamunyama balekongolafye ?! let the Nchitos children eat BONDWE also. They have just potted a ‘black ball’ TIYENAYO i had predicted this correctly as a 2009 headline !!
well done Oprah Siliya !!!!!
Ba Siliya namyina !!! Make the right decisions so that other people can be fat like you.Look critically at the pros and cons of bailout.Zambia is ours.GOD bless Zambia !
Hurray, Bravo Dora for the correct decision. Thieves should go to jail for stealing our money from NAC, DBZ, NAPSA.
#110…..who are u kidding? Fred is Post as Post is fred.
Just say what you really want to say and not try to confuse pipo.
Cheap PF /Post cadre you are.
This firm is a clear rip off .Before GRZ moves in we want the share holders to tell us their survivor plan …like how much Fred will put in,how much of the legal fees the nchito bros. have made on FTJ ‘s case will go in to save the Airline?
mwebantu tunfuwinleniko uluse…after all we are doing our best to recover yo money from the plunderers…we are now used to good living so help us,…..please.
Jus bail bail them out after all its our money u r goin 2use.TAX PAYERS money other than wastin it ku mfuwe,dinner dances etc
LT are u PF cadres? Why censor my freedom of expression on the thieving directors of Zambian Airways?
Dream on Zoe, it wont happen…no mata wat you say
BRAVO DORA…let these people pay back and they wont manage hey like the others they can spend some time within the walls.its too much,elo weekly post has always been against govt so they will surely dance to doras tune o:-)o:-)o:-)o:-)~X(~X(
Whatever!!, I have never seen Dora looking clean
Morning Guys!!
Awe am not in support now for our airline ,too much debts how do you run a business like that? .Its better to bailout farmers. :)>->:)>:)
The aviation industry is in serious problems everywhere. Bigger airlines have gone under in other economics more condusive for such businesses like where there is cheaper jet fuel, more routes and passengers etc.
There is not guarantee that putting more money in Zambian Airways is the solution for the problems the company is facing.
GRZ should first bail out Zamtel before thinking of a Private company. Fred M’membe’s company???? Next it will be the Post to close. Lets wait and see.
#114,Boma ni Boma.Stop exposing your ignorance and learn to address the issue without being personal.The post is not fred and fred aint the post,you CHALATAN.And what gives you the audacity to call me a cheap PF cadre,what’s cheap about being a PF cadre.Are you aware that zambia is a multi-party democracy,that i can belong to any political party of my choice.You such a sad little fella who wants to patronise me.That’s why i said most of the comments or analyses on this blog are personal and you’ve just proved me right.The best you should have done was just to put your point without calling me cheap.Ulimbwa sana.Makaka!!!pumpafu wewe!!!kolokombwa wa kantu!!!
It seems this lady has a problem why is it that she is against zambian airways any hidden agenda we don’t know please bloggers inform me if you know anything. i don’t think yaliyepela fwe.
Thanks my sweetie Dora… You are right 😡
NIMBAMA DORAS SILIYA
The last 2 paragraphs of this story are confusing, could there be some irregularities on the Shareholding looks like 150% in total to me. GRZ is also to blame also for allowing ZA to reach to such levels. I think the Board of Directors, Ba Magande owe us an explanation. To me this like flogging a dead horse as ZA will not come up with that amount and most of their planes where on dry lease. Like I have siad before this is a classic of white collar crime committed by Zambians who most have hailed as noble.
Please Zambezi Airlines, don’t disapooint us like Zambian Airways.
KK = ZAMBIA AIRWAYS
FTJ = AERO ZAMBIA
LPM = ZAMBIAN AIRWAYS
RB = ZAMBEZI AIRLINES
SATA (If he wins) = NO AIRLINE AVAILABLE…PLEASE TRY AGAIN LATER
———-
Just a small break…you can now continue blogging…:)>-
Why is it that in zambia we are always quick to adopt terms that dont even apply to our situation just because the USA and some other western countries are bailing out companies doesnt mean the same should apply in zambia.we get a good percent of our budget funding from donors do we honestly think they would be happy to spend their tax dollars on a private airline owned by zambians lets be realistic please.
Heres the NEWS read by Dora Oprah Siliya…Zambian Airways has just gone bankrupt. Mr.Mutembo ‘Yasila’ Nchito :-@ in a :)] interview that they were just [-o< for the government to bail the airline as it was in **== 's interest that it keeps on flying. He condemned people who were =))at his failure to remain in the skies
time has come for the Nchitos to feel the heat. If they fail to pay the money they should be locked up like others. There is no one who is special in the eyes of God.
There are must be hundreds of small companies that employ thousands of workers that need financial help more than ZA. ZA seemed to have existed because of political camaraderie. There are a few regional airlines that will fill the void. You might be surprised that these airlines, though not Zambian owned, contribute more to the treasury than ZA ever did. This must serve as a warning to other entrepreneurs to think local; agriculture, real estate, small scale mining etc are all in dire need of investment.
#132 that will depend on whether the airline was run as proprietary (usually a sole proprietary) or a limited company. For a limited company the law states that creditors and suppliers will get paid from the money realised through the liquidation of company assets. You cannot touch a company director’s personal monies, unless there is proof of embezzlement of company assets. Of course, small players might end up losing their money as they will definitely be at the tail of the queue. That’s business life and next time they will need to rely on better business instinct and of course luck and hope that a company they do business with does not go under.
How long has it taken for ZA to fall in such deep owings?
who has been their auditors and what have they been reporting on ZA’s going concern?
Has Dora just been taken by suprise of this development like any other zambian, if so in her honest opinion is she fit to be in that ministry?
Any crue who has been in the ZA’s board, there career backgrounds and managerial competancy levels?
Guys this is a scadal its not fun!
What is going at Zambian Airways makes sad reading. The amount of debt being owed is US$29.4Million according to ministerail statement to parliament is threatening to our small economy. By the way how did the board of directors and their managers let things the way they are. I do not think those guys had the managerial skills and strategies to run an airline. They expanded to fast and exposed themselves. By the way who were the Auditors/Accountants to this coy.
As for Banks did they do their credit risk analysis properly. We do not seem to learn from the past, AgriFlora, Mabuyu Farms etc. The Govt should not only end at not bail out but trace how the coy managed its affairs. What bail out ?
Ba Nkunda….even your insults are cheap and childish as your party PF.
ZRA & NAPSA you left a single business entity get away with such huge sums of money uncollected yet you are get hard on SME and tuntemba owners to collect even the little they own.There must be something serious the manner you handled matters. How can pipo call upon a company that has not been remitting its statutory obligations to Govt turn around for a bail out. Where is no sanity. The airlines directors must be held accountable for their actions. Its high time we started getting serious in the way we handle business matters. Zambia Airways went under there wasn,t much cry. If a business is mismanaged by its owners then let it go under. No short cuts other airlines gonna provide services.
I suppose this is boma getting one back at the rattlers the Post and the Nchito brothers, Its sad because our country will have no indigenous investors, just those Chinese; no offense 🙁
no bail out. period.
Dora Siliya looks very healthy
Zambians always blowing hot air for nothing. If this debate is something to go by then I fear for my country. We aint got better and younger brains to propel us to another level. The so-called intellectuals are full of of hate and have relegated a serious matter like the closure of Zambian Airways to personalities. Instead of looking at the broader pictures they are blinded by cheap political inclinations. Zambia is bigger than PF, UPND and even MMD-UNIP. Think properly bloggers don’t be carried away by politics, what substance do you expect to come from a lady like Dora who saw a husband in a pimp like Chisha Folotiya. Our personal choices have a lot to do with our moral judgement I believe
Zambian Airways went down purely for mismanagement. Membe was busy buying expensive cars (hamma) instead of managing his businesses. Post is already going down, employees go without salaries, are we honestly going to blame govt for this. he fought so hard that RB loses cos he knew the truth would catch up with him and his friends Nchito. the other candidates promised them they would look elsewhere. Let they pay every penny back. we need money in UTH not to put food for Nchito and Membe. Business is Business basa
To lulu M There is no problem with Hon Dora but the owners of the airline. Pipo get pensioned and invest such benefits mu tuntemba and when they fail to manage properly they fold up.As for Zambian Airways the owners could have been living on the moon. Its a mess up. The Govt is not there to bail out failed private businesses which are supposed to be self sustaining but to provide incentives for those who have nack for running sucessful businesses. Chibamba Kanyama where are this time around. We need your comments on this serious matter. There is something wrong the way we run our businesses 2day you make a BIG name and talk of town next liquidation by so & so with no personal liability.
Patriotic front leader Michael Sata charged that some senior government officials have links with the newly established Zambezi Airlines.
Speaking at a news conference in Lusaka today the outspoken PF leader charged that the airlines has no capacity to receive a permit to start international flights.
He maintained his earlier stance that government should have bailed out Zambian Airways.
And when contacted for comment, Zambezi Airlines spokesperson, George Makulu declined to comment on the matter. [muvi tv news]
my comment on #145]
The more SATA keeps yapping :-@ his mouth, the more irritating he gets ~X(.
Govt should not bail out Zambian airways. ZA went down due to poor management. The $24 million can go a long way in improving infrastructure and other projects in Zambia. It can also go a long way if it is invested in infrastructure. Mr. SATA just wants to bail out ZA because that Fred dude helped him out during campaigns. Mr. SATA this is how the free market works. Poor management leads to the failing of companies whereas good management leads to the prospering of companies. Now stop causing noise pollution and go farm. You are annoying.
#131… hahahahahahahahaha you r awesome dude! You’ve made my day.
Boma ni Boma,you the one who is very childish.Your branding me as PF is based on nothing but your weired imagination.If say i venture a positive attribute about RB or MMD for that matter,does that categorise me as an MMD cadre.Muleichindika muli bakalamba.I don’t have to be a PF cadre or membe’s supporter to analyse something in their favour.That word cheap resonates from deep down your fragile heart.You should stop throwing emotional tantrums in public,rather do it muchimbusu chenu!!
#143 We are very strict with spellings here. Since when did a Hummer become a ‘hamma’:-w
142, Mukelabai!
I have always followed your comments on LT and I must say I am impressed. Now my Question to you is; Are you in favor of a bailout plan, and if so why!
Your comment please!!
#147 I ran out of words man ! :d
Invite guys like Virgin, then we have Virgin Zambia. Nigeria did it. Airline bussiness is not easy. Local airlines, can just concentrate in zambia.
By the way Zambezi Airways spokesperson,a Mr.Makulu is related to RB.The late RB,s wife,Hope Mwansa or something was like that,was the sister to stanley makulu who was the father to andre,george and all those makulus.Anywaz,this was just a point of information,the real issue is that a tangible solution needs to be found.Our people need their jobs back.if say ZA managed faltered or abused their positions then let the law take it’s course.However,the primary issue should be getting to give something back to those hard working employees of ZA.Being vindictive or personal about issues won’t feed people or pay their kids skool fees.
So Free Market Capitalist #146 how are tourists going to travel to and around Zambia – i.e. this week, today – so they can improve our economy? Or is tourism irrelevant compared to Fred?
#153. Gen.Laura Nkunda
I just want to get your logic here. What you are saying is govt should bail out Zambian Airways so as to save close to about 200 jobs or use that money in something like agriculture or maybe bail out Luanshya mine to either create 500+ jobs or save a couple of 1000+ jobs.
I am sorry but bailing out ZA when Zambezi Airlines is willing and ready to take over the routes ZA was servicing seems like an oxymoron to me.
#154. Sony Ericsson Phiri
I am glad you asked that question. Well Zambezi Airlines has leased two boeings which it will use to service the JHB-LSK route and the Dar es salaam-LSK route. For now tourists are supposed to use alternative sources. Use SAA or Kenya Airways to come into LSK and connect from LSK to the destination using ZAMBEZI AIRLINES or PROFLIGHT.
Govt didn’t bailout their own Zambia Airways, why should they bailout Zambian Airways. No bailout for Nchanga Rangers and no bailout for Zambian Airways. Kuya bebele. Let the strong survive.
Ati Chisha Folotiya is a pimp according to Mukelabai #142. If what this blogger is saying is true then what was Dora during her involvement with Folotiya at the time, Pimpress or Chisha’s ‘girl’ aka .H.O.?
The gov’t should not bail out a private company. Bashikulu ba Sata should stay out of this mess unless he is an underground shareholder of Zambian Airways. Let the ZA shareholders sort out their problems. The nation needs to move on as time waits for no nation or man (woman).
#156 “Zambezi Airlines has leased two boeings which it *will* use”. When “will” it use them? What about the tourists who had booked with Zambian Airways? They are not happy people… And how are they supposed to find out about Zambezi Airlines, will they be contacted?
:(( mayo ine, temperature is getting hot in here. Prudent move on the part of RB! it’s nothing personal but these chaps simply have to honour their financial obligations! I now understand why that boy Mmembe was campaigning so hard for Magande & Sata!!! Watch this space, boma is going to demand what’s their’s…
This lousy minister talked about startuing up a national airline. why cant they do stock swap on these debts and getshareholding stake in the company? let every zambian tax payer own a little stake in the company. this should allow govt to re-modell the corporate governace system in the company and above all get the Best minds to run the airline. we could start to build a national airline from here. Turn gloom into opportunity.
There is absolutely no need for this debate. ZA must pay every penny they owe.Mutembo got rid of of a competent CEO and put himself in his place. These now are the results. And Fred M’embe thought he will use the post through his evil editorials to create business for ZA. I will not be surprised to hear that they will put this blame on Chiluba for thier incompetence.
lesson for Fred Mmembe & Nchito’s, humble yourselves and don’t throw stones when you live in a glass house! U walk around like saints yet you’re SCUM just like the same Kafupi you so vehemently pursue! YOU sould equally be tried for this ‘white collar’ crime!
#159. Sony Ericsson Phiri
ZAMBEZI AIRLINES like ZAMBIAN AIRWAYS is a private company. Answer me this, why invest in two boeings if you are not going to use them. They will just drain your cash flow. Those assets where purchased to be used and not to sit in ZAMCARGO accumulating dust. I am not a ZAMBEZI AIRLINES official and so I do not know exactly when they will be in use. But they did announce that they leased the two planes so as to use them to service the JHB-LSK and DAR ES SALAAM-LSK route.
To the tourists, all I have to say is find a better travel agent next time. And yes of course they are not happy about it but what can they do??
people will know about ZAMBEZI through ads.
#164 I’m not interested in how and why ZA went bust, I just know that tourists are complanining (on blogs etc.) and it is making our country look bad, simple. When is Zambezi going to start operating?
GOV’T pls dont bail out,instead look for an investor to partner with and revamp the airline,its carring a zambian name and after all its you to lose out coz you will never recover the dollars owed to you,they too huge.
This is a good decision, nothwithstanding any emotional or political undercurrents at play. The directors of Zambian Airways were basically engaged in wrongful trading in that the airline carried on as normal even when they knew or ought to have known that there was no reasonable prospect of avoiding insolvency. The size of the debts accumulated over the years because they neglected to remit statutory dues, NAC charges etc. This indicates that little effort was made to minimise the losses of creditors. Their cash flow management was obviously defective. It is not clear whether ZA had a sustainable business model but it seems that management was not competent, and probably ill-qualifed.
#165. Sony Ericsson Phiri
ZAMBEZI is already operating. They are operating domestic flights and will soon be operating the international flights.
I take it tourists are not complaining about coming to Zambia. They are just complaining about the medium of transport to use when coming to Zambia. They are probably venting about how not to use ZA and use maybe SAA or Kenya Airways. Who knows maybe Ethiopian and maybe in the future they will talk about using ZAMBEZI.
The fact that tourists are complaining is even more reason to let the company to fend for itself because it will mean due to the damage done, people will not fly ZA and instead look for other alternatives.
NCHITO AND MMEMBE WHAT GOES AROUND COMES AROUND!!!! BWAAAAA HAHAHAHAH BWAAA HAHAHAH! PLEASE LIFT THE CORPORATE VEIL!!!!
cont from #168]
It will be a failed investment on govts part because the problem will come up again (this time due to bad ticket sales caused by historic bad management) and due to moral hazard, the owners of the company will probably ask for another bail out.
I am for the free market and in the free market, there is the law of easy entry and exit. I don’t see why govt must put tax payers money in an airline that was managed badly when there is another airline willing to fill the void. I just dont get it.
Iam told workers at ZA went for three (3) months without pay. If this happened to any other company you would have seen it in the front page of the post.#124, who do u want to cheat by saying fred is not the post. The post is fred and fred is the post. Look at the way he insulted Dr Neo Simutanya cos he wanted him to give credibility to a non existence oppinion poll about pf winning elections. Any way his days are numberd
Too bad for you Zambia. I’ve always advised you not to chew more than you can swallow. It would have been better for you guys to let we the South African people run Zambian Airways. We have a better understanding of the aviation industry than anyone else in the region and hence, can give guidance and leverage.
if the govt redecides to bail out ZA, it must first start bailing out NCZ. ninshi nomba yabalansa.
#15, IATA regulations allow staff and their registered dependants to fly 100% free to any destination (their airline’s) in the world! Depending on your airline and country, this allowance varies from 1 ticket for each member of the family to as much as 5 free tickets each year. SO IT WAS NOT ABOUT ZAMBIA AIRWAYS…….ITS I.A.T.A. TRADITION. And I happen to have been one of those who used to enjoy the privileges from 1972 to 1994!!!
|-)
#174 Inonge, by the way this quote from zambia daily mail “Ms Siliya said Zambian Airways was not a member of the International Air Transport Association (IATA) as the airline did not meet required conditions for it join the association.
“There was a serious oversight on the part of the director of aviation because the information I have is that they could not do anything (to correct the situation) because there was pressure from someone.”
something for you and others to think about..i will not talk about safety issues
Could that someone be Former Minister Mr Ngandu Magande. I think we need a public inquiry on this as suggested by the UPND MP and I quote again from daily mail “UPND Kalomo MP Request Muntanga appealed to Government to constitute a commission of inquiry to investigate what led to the airline to suspend operations despite the loans it got from banks.
“I think there is need for a body of inquiry so that we can see what exactly happened to Zambian Airways because the money they owe is too much,” Mr Muntanga said”
#172 shut it!!! and just stick to drug dealing through your pilots and cabin crew…
Free market Capitalist.Unlike Zambian Airways,Luanshya mine aint bankrupt or anything like that.Their asets are very positive.Luanshya mine can today run efficiently,all the government needs is to find an investor who can technically run it and make money as a result.That investor won’t even acrrue any liabity.The issue with Luanshya mine is that the investor just became greedy and gave the price of copper as an exit excuse.By contrast ZA has failed to manage it’s routes profitably,personally i can’t comprehend why they ran into so much debt.Airlines,being so specialised,maybe they needed a CEO like captain Mulundika.
I dont mean to be offensive but lets face it,
1. Dora with her team should tell us why they had to wait until ZA got into such deep waters.
2. Both Management and financial accounts for the past three years for be made public.
3. Auditors and Directors reports for the past three years should be made public.
People please we need more information on this.
Us at The Post are well paid. It is interesting for people to tell lies that we are behind in our salaries. Is this March or February to be paid March salaries? Please leave us alone & mind your own dull businesses. Post is here to stay! we making billions of kwachas a day. We ahve free medicals, heathy food at our canteens, free fuel, acommodation what else does one want? Awe mwe
Because ZA ‘s board has people who wanted to stand as MMD presidential Candidate. Ok no bail out but it raises suspisions and looks vengeful. But the people affected are our own brothers and sisters. Magande or the Post will not be the only people who will feel the brunt
Ba M’membe mudala wesu, we praying that God should guide you all the time. For your information, The Post had shares in Zambian Airways and not Mudala wesu, Fred. Pipo are just jealous of this intelligent young man. Even our neighbours kumayanda are happy with the way Post is taking care of its employees, wether security guard, cleaner to management, we all happy. Mukafwafwe nachi nkonko. Waiste time monitoring M’membe, us busy making money, he will soon buy another 750 series mercedez benz we mbwa weeeeeeeeeeee
#181
Not for so long….from what we are reading….kaya,kaya!!
#181, I question your sincerity. I know people earning take home salaries of USD20 000+, but they are still not entirely content. That’s the nature of the human being and for you to pretend otherwise beats me. However, getting to the topic at hand, Zambia doesn’t have that many international travellers to rescue ZA. The govt. should bail out the mines instead, which employ thousands of workers.
DELETED, HAHAHA
Siliya, those eyes tell a story.:x
#184, its your wish and opionion you barking dog with sharp teeth, we can bet, if the post will close. Like i said its ure wish and it will never come true. bikafye muchila wako mumatako. You seem to be a miserable person, sorry am just from having a proper lunch at our bwinjinfumu rd offices. Zambian airways or no Zambian airways,happy life continues baba. Cry if you wish.
#185 Thats why its not good to live beyond ure means, if US$20,000 per month is not enough for survival in Zambia, then bane ba kamikaka kuma jail and we shall continue publishing and making billions of kwachas. Hey let me work, i need post to continue the good way. bye bye baka ponya bapa Lusaka times yamahala.I know some of you guys have no jobs so analysis ya post pa net ni jobs sorry got to go until next time.KUYA BEBELE MUDALA WESU FRED M’MEMBE, US AT THE POST WE LOVE YOU.
#184 you sound more frustrated than happy as you are saying. You are insulting and so forth. There is no need for that, if things are still intact and you are enjoying yourselves at Post Newspaper good for you but dont come out so hard or else we will start thinking overwise.
Mr. Daka
A Daka nichani kukalipa, mungo tukana tukana tyala. Khanzikikani, POST ili che.
Sorry I mean #183
Sorry I mean #183 Mr. Daka from Post.
Mr.Daka
I don’t think you even work,you sound like a kaponya or worse a pickpocket.
When we lose objectivity we begin to blame the bust of a crime not on the criminal but on those who have uncovered the crime. To ask for the bailout of a company that has been defaulting on statutory obligations follows… Those comparing this with Zambia Airways must be objective; it was an entitlement for employees and their biological children to fly – and other airlines in fact extended rebated tickets on their aircraft. Advancing this as a reason for failure is to sink deep into mediocrity. If politicians were/are shielding companies, they must unravel eventually as politics are ill-equipped to sustain business unless these politics are themselves business!!!! Kapish??
Thanks goverment for your stand on the matter. we need serious business people not just because they arev local therefore it is fine, even when guys are stealing and plundering resources.
This is why it does not matter whether we have foreign or local but what is expected is to do business in a normal way with integrity.
Once again I wish to commend govt; this shows that the govt is a serious, focussed and a working govt.
Mwebantu Bail out The guys. its for our own good as a nation.
#142 ulishilu you contradict your self, just go through what you wrote.
#170, what about SAA? They are very broke as well, existing on Govt subsidy so dont talk about our ZA.
#199, sorry meant #172
Not with GRZ the have short hand with their people. but were do GRZ take the money, to their farms
Numb 172. Phumzile, did you not hear about the cabin creww on South African Airlines who were caught at Heathrow with Drugs? So is this the experience you are talking about.
Numb 52. shidada, I agree with you bring in Virgin Airlines, they know their stuff
The problem in Zambia is that everyone thinks that they’re so smart and never even want to listen to others.The Nchitos and Mmembe were on the board of Zambian airways and I don’t think these guys had what takes to serve this company.Someone sholud have told them that there’s a difference between writing and selling newspapers or prosecuting people and running a business.How could a company which is almost a monopoly manage to sink so low.Where were they investing the money that they’re borrowing?In women,I guess.Don’t blame the govt for people’s lack of efficiency and effectiveness.
#172. That kind of reasoning is xenophobic. Just prepare for 2010 and we will see if you will not mug Ronaldo !
Sarah Jones! Check out# 52!! Plse take back the husband you grabbed from someone!Iwe ka harlot!!
~:>
Three flights with ZA from Mufue to Lusaka. First (2006) and second (2007) flights took off without my wife and I full – we were bumped to an unscheduled flight several hours later even though we were amongst the first to check in. Both times we arrived in Lusaka far too late to enjoy our last evening before flying BA back to Heathrow. In 2008 the airplane simply did not turn up. My wife and I and others were told there may be a flight the next day however too late to catch the BA early morning flight to London. We had at massive expense to hire a private plane to get us back to Lusaka in time for the London flight. We asked for compensation from ZA but got nowhere. No sympathy for ZA
Dora has gained a lot of weight.. badyela bwino….
Yale bomba ama…….. :-$
I visited Lusaka only 3 weeks ago and was amazed by the little presense Zambian airways had over their airport little did I know they were on their way down. Being a private company I thought they’d have done a hood job Kenya airways is, saa is badly manager & were it not for the govt bailout thier airbusses would have been auctioned ages ago! Shame about Zambian & goodluck to Zambezi! Times are hard, leaen from kenya airways & diversify your market & fly to Nairobi, Dubai, London, central & west Africa & not just jo’burg!
#23 are you incapable to discuss objectively without being disrespectful? Please avoid inappropriate language. People are discusing very important matters. OK!
If Zambia invested public money into an airline creating a national carrier, the World Bank and IMF would cut doner money to the country. It is a stipulation of the IMF and World Bank – a national carrier cannot take priority over education and health. If you can afford a national carrier then your economy must be in good shape with little need for aid.
The problem with airlines around the world is there are so many around and competition on routes is great. their overheads are extremely high and profit margins small. Its not just Zambia where they go bust. At least in Zambia we still have Proflight – they seem to outlast them all!