State run Zambia Postal Services has fired 98 workers as at 8th October 2015. An additional 30 have left the corporation this year through normal retirement.
Communications Deputy Minister James Kapyanga told Parliament on Tuesday that the job cuts at ZAMPOST were inevitable.
Mr Kapyanga announced that all those retrenched and retired have been given their retirement packages in half whilst their balances are been paid out on a monthly basis.
He said ZAMPOST failed to respond to market competition following the emergency of strong competition.
Mr Kapyanga revealed that ZAMPOST lost its K1.8 million swift cash monthly revenue due to stiff competition from Shoprite, Zoona and Mobile Money transfers which he said are competing on low charges resulting in ZAMPOST loss of market share.
Mr Kapyanga said staff lay off became inevitable at the corporation after threat of collapse due to litigations and bailiff seizures.
He said the number of workers had to be downsized in order to restore performance viability.
And Communications Minister Kapembwa Simbao announced in Parliament that ZAMPOST will soon be transforming into a bank.
Mr Simbao noted that the fall in the demand for postage stamps has forced ZAMPOST to enter into the provision of banking services especially in the rural areas.
WHERE IS THE BEARDED MINISTER OF LABOUR TO FIGHT FOR THE JOBS OF THESE WORKERS? CHAWAMINA MBUZI? SHAMENDE WHERE ARE YOU. KAMBWILI WHY ARE YOU NOT ISSUING 3 DAYS ULTIMATUMS?
this is null and void. those fired should report for work tomorrow
KIKIKIKIKI WELL SAID BRO.
How can we fire all these ministers. They are the ones that could not read the climate. Reduce the stipends of MPs are save these poor people’s employment.
These guys are useless how can an overseas parcel that has reach Lusaka take two week to get its destination within Lusaka that’s if its not tempered with.
The Post Master General must be fired for incompetence as he has failed to steer the company into a new strategic direction. Tshe collapse of ZAMPOST is down to PF`s poor decisions of appointing ill qualified cardres such as Mr. Chanda to the position of CEO. ZAMPOST would have come out strong had competent decision makers been given a chance to run it professionally. Competitors such as Zoona / mobile money transfers through shoprite would not have emerged had it been run professionally. There is still a chance for ZAMPOST to come out of thus alive but the entire management team has to be replaced with highly qualified personnel to steer the company out of this mess
This is a useless tongue lying party. They have opened the flood gates of the mines to fire more people. For parcels taking 2 weeks within lusaka, it is because most of the guys are thieves. Maybe they should have fired the entire parcel collection point at KK airport. That’s where corruption is at it’s best.