Transport Minister Brian Mushimba
Transport Minister Brian Mushimba

Minister of Transport and Communications Brian Mushimba says Zampost is viable and will continue providing services to the nation.

And Mr. Mushimba says Zampost requires K50 Million to revive its revenue streams which were suspended due to mismanagement of funds.

He told Parliament this morning that Zampost is facing financial challenges because most of its revenue streams have been suspended.

Mr. Mushimba explained that the state-owned enterprise was earning about K11 Million from the fees it was collecting on behalf of Multi Choice and Road Transport and Safety Agency but the services have since been suspended.

He added that the financial challenges at the company have worsened due to the failure to recover the K20 Million debt owed by government and private sector.

Mr. Mushimba said the company will be able to pay salaries to the workers once the revenue streams that have been closed are opened.

He said in order to help the company move forward, government is restructuring management at the company which has also provided a strategic plan on how it will revamp its operation.

Mr. Mushimba says it is the hope of government that Zampost will in future clean up its books so that it is listed on the Lusaka Stock Exchange because that is the only way that the company will attract capital.

He was responding to a question from Mumbwa Member of Parliament Credo Nanjuwa who wanted to find out the cause of work stoppages at Zampost which started on December 12, 2018.

Zampost Workers across the country have staged a protest demanding for 5 months’ salary arrears.

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40 COMMENTS

    • Any company should be fined for failing to pay us workers after they have rendered their service sincerely.

      A watchdog needs establishing independent of the Government influence.

      I can’t comprehend working and not being paid for almost half a year.

      I have a PhD

      Thanks

      BB2014,2016

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    • When I say 95% of the population is embicile … I get a thumbs down.

      5 months no pay… now think about the people not being paid with their wives and kids..

      Clearly someone is making these embicile decisions at critical public positions

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    • Was Zampost in a good financial position before those Multichoice and RTSA revenue streams were suspended? Ba Mushimba muleikalafye.

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    • The government and private sector should pay back K20 Million debt, instead of targeting restructuring management. Lamppost partly failed due to non payment of what is owed to them

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    • And yet Zamtel is busy making donations to UTH.

      This is where we fail as Africans.

      Charity begins at home.

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    • Oops, it is Zampost, not Zamtel.

      My bad.

      Zampost, the company that knows what to do with social funds

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    • I could have fired that Mushimba in March this year. He might be 2nd worst performing PF minister.

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    • No wonder my parcel has never reached ….5 months no pay …how do you expect someone to handle a sealed parcel from abroad.

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    • IS THE MINISTER ECONOMIC WITH THE TRUTH?
      Face it. All services ZAMPOST used to enjoy have been taken over by competition as the the company still wants to cling to the old way of doing things. Zampost management needs to diversify its operations and reengineer its business operations and processes beyond the MultiChoice business. Shoprite, Telco companie, banks and Zoona are the major players now in money transfer services. We have alot of courier companies today brutalizing Zampost just like other companies have knocked down the hell outa Zamtel and ZSIC. Monopoly has saved Zesco from the ravaging menace of competition. Why close down revenue channels for a company if you know its gonna translate in a 5month no pay for workers. It defies logic. O I beg tell me something else.

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    • What I don’t like about PF is that they know the Problems in these institutions, yet they still put their dull cadres to run these companies. It’s a shame to punish people in this manner 5 months no pay? GOD WHO DID ZAMBIA OFFEND TO BE GIVEN SUCH LEADERS. It’s disgusting.

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    • No rescue package from govt when they know what is wrong with the organization, instead they are buying jets and vehicles for ministers and giving backdated salary increases to themselves, this is just uncalled for, while people haven’t been paid for five months, even if you list such a company without a clear strategy, who do you expect to invest in a loss making entity. Next time vote wisely

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  1. And the chanda boys have the nerve to write long essays on LT meanwhile workers at zampost have been reduced to beggars

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  2. It is delusion of grandeur to think of the viability of Zampost.The company will not come out of it’s economic malaise in which it is found owing to mismanagement of resources by senior managers. The financial status of Zampost is not healthy. If a company fails to sustain it’s wage bill, it is better off being liquidated. These are signs that the company is in intensive care unit. The minister should produce the financial statements of the company such as balance sheet, cash flows and Trading and Profit to back up his statement. Otherwise, in the absence of such financial tools, his statements are frivolous. A company’s financial statements determine viability of a company. It is not rhetoric. The public will judge whether the company is able to meet all its financial obligation by…

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    • @MBALUSO – you are very correct. Zampost is insolvent. Technology has dictated the downfall of Zampost.
      People and companies now mostly use emails for communication which is faster and effective. Who would bother going to Post Office to send a letter?
      Even relatives in the village we communicate to them via mobile (WhatsApp, Text, etc. etc.)
      Parcels are delivered faster and safer via DHL or FedEx. THERE IS NO PLACE FOR ZAMPOST.
      THEY SHOULD HAVE INVESTED IN DIVERSIFYING TO INTERNET CAFEs, AND PROVIDE CHEAP MONEY TRANSFER SERVICES BY MOBILES INSTEAD OF OUTDATED MONEYGRAMS etc WHICH ARE ONLY AVAILABLE AT POST OFFICE BUILDING. THEY SHOULD ALSO HAVE BOUGHT VAN FOR FAST COURIER SERVICES WITHIN ZAMBIA AND CONTROL THE BUSINESS THAT IS NOW DOMINATED BY DHL.
      Instead they were sleeping when the…

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  3. Bwana Mushimba in all honesty how do you sit there telling everybody that Zampost is still viable despite owing workers 5 months salary???
    Why are you enslaving your fellow Zambian citizens? This is TOTAL MODERN DAY SLAVERY OCHESTRATED BY GOVERNMENT.
    Tell me now: IF PRIVATE COMPANIES FAIL TO PAY WORKERS FOR SAY 3 MONTHS – HOW ARE YOU GOING TO TACKLE THEM??? WILL YOU FORCE THEM TO PAY OR AS GOVERNMENT YOU WILL STAY MUTE??????
    If I owned a company and I don’t pay my workers for some few months then I will not even tolerate them to complain. If they do I will just say resign and join government where your salary will be a nightmare to receive.

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  4. But Brian, sorry Hon Mushimba, is he okay upstairs? For some inexplicable reason, he has not received any directive? How, why??

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  5. So, you are definitely being deliberate in not paying your workers.

    You are evil and cruel to your employees and their families. I hope that you don’t have a clear conscience when you are in church or when you pray to God who is the God of justice, unless you pray to a false god.

    Shame on you.

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  6. How can a company which is failing to pay salaries to it’s workers for the last 5 months be viable???? Anyway I’m sure they wanted to use the social cash transfer funds to pay off the salaries but unfortunately they had to quickly reimburse the money and so now they are stuck with no income.

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    • As if he would have the energy to shout Yeah yeah yeah in Parliament if he was not paid….ZAMTEL workers are very docile surely why dont you get organised and protest

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  7. @Hon. Mushimba. A company that has persistently failed to do a basic minimum of paying employees on time is not VIABLE.
    @C-General. Zamtel has actually diversified its operations extensively: e.g swiftcash services and Forex business. While fedex and DHL are used mostly for international business, there’s still a place for ZAMTEL in express delivery of mails and parcels locally. As agents of Wstern Union, RATSA and Multichoice among others, Zamtel made quite a fortune. Where did the money go?

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  8. They all deserve no pay.

    Shameless thieves stealing parcels of people. A business had boomed but they went to town stealing when people had discovered internet shopping instead of buying from price sharking Emirates flying Tamangas and Boutique owners. Now you have to be a fool to channel your shopping via ZAMTHIEVES!!

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  9. “….And Mr. Mushimba says Zampost requires K50 Million to revive its revenue streams which were suspended due to mismanagement of funds….”

    When you have a president who does not deny that he is a corrupt theif, the whole civil service and ancillary companies think bring a corrupt theif is no big deal…..

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  10. LOOK THE MARKET IS LITTERED WITH CHEAP OPERATORS WHY IS ZAMPOST STILL CHARGING HIGH FEES….WHY CANT THEY REDUCE AND INTRODUCE BOOTHS FOR SENDING MONEY…..OR BECAUSE YOU EXPECT GOVERNMENT TO BAIL YOU OUT YOU JUST SIT THEIR ,DAY DREAMING…..

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  11. You need serious business managers in parastatals. People with MBAs and one or two degrees in related company business nature with proven records otherwise instead of paying huge dividends, you will have companies gasping for bail out year in year out. Its a shum how you would want to play down inepticism in parastatals. Auditor’s reports always have details to this effect. Truth may hurt but deal with it.

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  12. How on earth can one survive in this situation???? Imwe bane lets be serious…Can someone advise the government to revamp zampost please!!!!!I sent a letter in 2015 from Australia to Zambia using ordinary post and it reached Zambia in 2017!!!!!

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  13. Zampost can never list on the Lusaka Stock Exchange because of limited income streams of K11 Million from Multi Choice and the Road Transport and Safety Agency which have been suspended. Effectively, the company is bankrupt. A company that fails to pay its workers only for a month is technically insolvent.

    The financial problems of Zampost stems from poor town planning in Zambia. The issue in case is the unplanned, haphazard building of houses. Houses must be built in a structured way, that is in a straight line with house numbers and street names.

    I guess more than 10 million houses have been built since 1991. Zampost has lost the potential revenue to deliver parcels and letters. Companies like Amazon will never operating in a country like Zambia because of the above reason. This…

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  14. is also the limiting factor to why there is no growth in the credit market. Zambians cannot borrow because the lender cannot locate exactly where they live.

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