Friday, April 19, 2024

ZAMPOST praised for implementing a solid business strategy

Share

Minister of Transport and Communication Brian Mushimba having a feel of the new Fiat Vehicle immediately after it was launched by the Southern Cross Motors Limited in Lusaka last night,30-03-2017. Picture by Ennie Kishiki/Zanis.
Minister of Transport and Communication Brian Mushimba having a
feel of the new Fiat Vehicle immediately after it was launched by the
Southern Cross Motors Limited in Lusaka last night,30-03-2017. Picture
by Ennie Kishiki/Zanis.
MINISTER of Transport and Communication Brian Mushimba has commended Zambia Postal Services Corporation (Zampost) for implementing a solid business strategy towards the transformation of the corporation into a viable entity.

Mr Mushimba has also challenged parastatals under the ministry as well as other parastatals to think outside the box and become innovative to create value for shareholders.

Mr Mushimba said Government is impressed with the ambitious diversification agenda that the corporation has embarked on over the past six years.

“It is amazing to see a bouquet of products that is making the entity profitable and paying dividends to Government.

“The diversification strategy has transformed the post office into a one stop shop which provides essential services to customers,” he said.

Mr Mushimba cited e-letter service and the acquisition of the deposit taking licence for Micro Finance Limited as some interesting innovations that have been implemented.

He was speaking during the handover ceremony of two delivery vans donated by the United Nations Development Programme in Ndola recently.

And Mr Mushimba assured the Zampost board of Government’s support to ensure that the corporation succeeds and remains competitive in the marketplace.

He said there is need for parastatals to turn around their operations by being creative and innovative.

He said Government has been very supportive to the institutions for them to create value for the shareholder.

During the official opening of the 11th Session of Parliament, President Lungu spoke on the need for parastatals to be commercially viable and profitable and within three to five years list on the Lusaka Securities Exchange.

Mr Mushimba said President Lungu’s call meant parastatals should clean their books, inefficiencies and embrace innovations, technology and deliver value to shareholders.

Zampost board chairperson Elizabeth Kachamba said the prospects of the corporation looked bright for the year 2017, based on sound business strategy, diligence, innovation and integrity which have been laid.

18 COMMENTS

    • Remember this is a speech that he read prepared by a PF cadre called McPherson Chanda this is a guy who claimed Zampost is making a profit after laying of wirkers but failing to pay them off.
      Look at the audit report the company is insolvent. It hasn’t paid salaries it hasn’t paid suppliers it hasn’t paid retirees.
      Its always battling ballifs.
      These are donated vehicles only not what they have bought the company is far from success its doing too many things but nothing to show for it.
      Look at how long letters take how rude staff are and how rampant stealing of mail is don’t tell us lies you ido!ts

    • My sister works for this chi parastetal company its pathetic they go months without pay. And cannot complain because this PMG chap is a ka tinpot dictator who will dismiss any one so people are intimidated.
      What a pathetic company!

  1. What business strategy when recorded mail from London to KKIA takes 4 days and 4 weeks to reach a post box in Lusaka…letters out of the country are opened.
    What business strategy when they have never recorded a profit.

  2. If you think this is a rosy company you are mistake palibe vamene vichitika ni pakakanwa fye this PMG talks just like his brother Monday or whatever he is called bluffing all the way as us workers tizakamba

  3. All commenting are not finance people, how can a company declare dividend from profits that are not there? Dividend is only declared after sorting out debt shareholders but govt is equity holder. So its tru

    • But the so called Finance person can not post a clear explaination…you are posting like you are texting your girlfriend.

    • Mpanda speak for yourself!
      I have examined zampost’s published accounts and Auditor General’s report l challenge you to read the same Zampost is insolvent. The problem with people like you is you have been feed a lot of bull sh!t for a long time and now your brains are fcuked and cannot challenge issues objectively what a bunch of dull people!

    • No no no there are a lot of good people and good companies its just that a few id!ots that spoil the process stop this midiocracy.
      You have a CEO who is all talk but no action.
      Post bus for example is a shadow of what it was.

  4. Mr Mushimba said President Lungu’s call meant parastatals should clean their books, inefficiencies and embrace innovations, technology and deliver value to shareholders.

    Has Lungu cleaned up his books or become efficient and embraced innovation and technology or delivered value to the Zambian people ? Lungu is the worst president to associate with the above qualities.The PF- Fools are so desperate because every little improvement is now being termed creativity and innovation. Do you even know what it takes be creative and innovate? Creativity and innovation is none existent in Zambia let alone with Lungu presiding over an illegal, most corrupt government ever, who have dislocated the economy and society by daily plundering public funds with impunity.

  5. A few suggestions
    1. Make it an act of treason to tamper with or open or access any communication (either physical or virtual) without a warrant from a high court judge (not a lower court magistrate). Punichable by 25 years in the pokey/chooks/jail. This must include the ZICTA, police, intelligence, and whatever goverment agency exists. All evidence acquired from illegally intercepted communication must be inadmissible in all courts of law in Zambia.
    Hey UPND members of Parliament, do something, wonesa ululu. Not just walking out ba fi kachema

  6. Razor-Ramon you are abreathe of fresh air. Keep osting blogs.
    Your critical analysis ofvarticles is excellent and responses are coherent and logical.
    Then you bring in politics and become the same as biased political bloggers.
    Your comments are good for Zambia which ever party you follow.
    Use your skills to encourage people to be ZAMBIA focused instead of them being cadre oriented

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading