TRANSPORT Minister Kapembwa Simbao says all projects ventured into by Zambia Railways Limited (ZRL) using the 120 million Dollar Euro bond will be subjected to audit considering the manner in which the funds in form of a grant were utilised.
Dr Simbao has also assured the 871 workers that their separation packages from Railway System of Zambia (RSZ) would be paid in the first quarter of 2016.
“I want to take this opportunity to assure you that the Government through the Ministry of Finance is very committed to ensuring that all the 871 workers are paid their separation packagers in the first quarter of 2016”, Dr Simbao said.
Speaking in Kabwe when he addressed the workers at ZRL workshop Mr Simbao said management at the railway company should have ensured that the funds were properly utilised as it is unfortunate that the company is still struggling despite pumping in so much money.
Dr Simbao said there is a lot of work that still needs to be done at the railway company for it to be revitalised and operate effectively as railway companies are profitable if managed well anywhere in the world.
He added that the railway company still has to improve its traffic flow from 15-20Km per hour to at least 40Km per hour if more companies and individuals are to have confidence in moving their cargo by railway.
Dr Simbao said Government through his ministry is addressing the challenges that the railway company faces hence Ministry of Finance’s move of its shares to the Industrial Development Corporation (IDC) where shareholders would be running the finance part of the organisation.
Meanwhile Railway Workers Union of Zambia (RWUZ) President Nathan Zulu said the workers are concerned that it has taken more than four for the Government to settle the separation packages for the workers.
Mr Zulu said the workers are committed to work hard and see to it that the railway company improves and attract more companies to move their cargo on ZRL.