Tuesday, April 23, 2024

Government urged to disclose the financing plan for Zambia Airways – CTPD

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Zambia Airways
Zambia Airways

The Centre for Trade Policy and Development (CTPD) is concerned about the financing model of Zambia Airways Limited considering the current fiscal position of government and liquidity crisis within the private sector.CTPD Researcher, Mr. Bright Chizonde describes as worrying that Government has not yet explained to the public exactly how it plans to finance the national airline. We have not seen any budget allocation towards Zambia Airways set-up and government’s debt
situation would merit a caution regarding guaranteeing debt on behalf of the airline.

Mr. Chizonde stressed that it is not even clear whether the planes will indeed be leased from Ethiopia or purchased. Recently it was reported in a number of local tabloids, that government will no longer be receiving a customized VIP Super jet from Russia due to lack of funds to complete payments.

He said Government should also disclose how much it has made as down payment towards the jet from Russia.
‘’One would wonder how government seeks to deal with fake news using a mute approach on critical issues such as the re-launch of Zambia Airways’’, said Mr. Chizonde.

Mr. Chizonde has urged government to state the current position concerning how Zambia Airways will be launched as it is not sufficient to only update the public that the airline will soon be licensed and cleared for operations without addressing the financial aspects. He further said that limited finances coupled with a poor business model would drain the treasury and erode the limited funds meant for social service delivery.

Mr. Chizonde added; Government also needs to improve the management of information regarding public issues in order to ensure that fake news does not become the order of the day.

In order to advocate for improved Public Finance Management, Mr. Chizonde said CTPD will continue to analyze the decision to relaunch Zambia Airways and share its findings with the public. He stressed that the Centre’s engagement with public officials, private players and experts in the aviation industry continue to deepen CTPD’s conclusion that this decision is a gamble that the nation can ill-afford.

Issued By:
Bright Chizonde
Researcher-CTPD

15 COMMENTS

  1. The airline will probably not be launched anytime soon, not even next year. Where are the plane?

    We we were told that the first flight would be on 24th October 2019….. That did not happen.

  2. Stop bothering the government, that’s why edgar is shunning away from giving speeches on ZNBC. They have no plan they are as empty as an empty tin only good at making noises. Some of these things you are bringing in public for them to answer are really pissing them off because they have nothing to say to the public as they see it best that the public shouldn’t know about their deeds.

  3. Do not worry Zambians who live abroad and would like to fly by their own air line will donate the money to buy aeroplanes , however there should proper accountability in fact we shall be the investors in the flying industry .we shall be sharing the profits .

  4. Zimbabwe still has its airline , malawi has its own Tanzania has its air line Uganda runs its airline Rwanda has , just to name a few why is Zambian afraid to do the positive

    • Actually Malawi has an alliance with Ethiopian Airways (supposedly similar to the one we have sunk ourselves into) and it has been operating at losses because the deal with ET was never meant to be profitable to Malawi, it was to ensure ETs expansion. I hope we signed a better MoU, otherwise we will pay them a lot of money and not build capacity in the process.

  5. Another failed disaster in the making which will cost the public dearly and mess up an already messed up budget. This country is not a hub for business people nor for mass tourism therefore an airline is just a white elephant and ego boosting prestige project that will drain its coffers. In short a non starter. The current airport should have been upgraded and foreign airlines permitted to provide the services thus letting them take the risks as they have the expertise and economies of scale. Tourists and business people do no visit Zambia to admire the airport= airline not needed.

  6. The PS for ministry of Transport should answer these questions because his former boss kept on lying to zambians until he was moved to EDUCATION the new minister needs orientation, only PS CAN GIVE US DIRECTION

  7. There are so many issues in zambia which citizens seek clarity. Issues such as:
    1. Economy
    2. Loadshedding
    3. Cost of living
    4. Forestry 27
    5. 51 houses
    6. Cost of Toll gates
    7. Lusaka/ Ndola dual carriageway
    8. Zambia Airways
    9. KCM and the list goes on. Yet government is always warning people about fake news when they are not informing people ofcritical issues in the country. All they talk about is HH this HH that. We are tired of the lies about HH. Talk about issues that affect zambians. 2021 is around the corner !!

  8. STOP WASTING YOUR TIME!
    This Zambia Airways hallucination will Never take off.
    Can’t pay teachers, nurses, farmers, council workers on time, can’t pay Maambaa Collieries, on time, can’t pay the Russians for the aircraft ordered, however, there’s always cash for By -elections, 51 mysterious houses, 48 Wheelbarrows, Eswat1ni Mansions, & enough to pay Stardy Mwale for work not done. One then wonders why these Cadres like Stardy will tell dull Citizens, Ba J0n@ is Working. No!! J0n@ only works for CADRES BELLIES CHAPWA!!

  9. STOP WASTING YOUR TIME!
    This Zambia Airways hallucination will Never take off.
    Can’t pay teachers, nurses, farmers, council workers on time, can’t pay Maambaa Collieries, on time, can’t pay the Russians for the aircraft ordered, however, there’s always cash for By -elections, 51 mysterious houses, 48 Wheelbarrows, Eswat1ni Mansions, & enough to pay Stardy Mwale for work not done. One then wonders why these Cadres like Stardy will tell dull Citizens, Ba J0n@ is Working. No!! J0n@ only works for CADRES BELLIES CHAPWA!!

  10. All goes with research and find the lasting solution to every economical challenge, therefore it is ideal developing a long term strategic plan which will be a road map and a guide towards electricity and other challenges the country is facing. As Zambians it is our duty to build our country and this can only be done by putting our political affliations aside. The current government is trying to fight hard by offering the solution as well as resolving the issues of electricity and others, therefore the need to appreciate the efforts the government has offered and still offering to our country Zambia. The Government is therefore focusing on cultivating and developing the best in every Zambian citizen by creating a Zambia of abundance, opportunity and prosperity through hard work and…

  11. Ubupuba bumo mwandini honestly you are even spending sleep less night fighting your own country progress mwefisushi mwee bushe nani wamilowele kanshi?

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