9.5 C
Alba Iulia
Wednesday, August 17, 2022

Government will not be reviewing the Zambia Airways principal shareholders agreement signed with Ethiopian Airlines

Economy Government will not be reviewing the Zambia Airways principal shareholders agreement signed...

Minister of Transport and Logistics Frank Tayali says the government will not be reviewing the Zambia Airways principal shareholders agreement signed with Ethiopian Airlines and that the fundamental principles will not change.

Mr Tayali, however, states that the government through the Industrial Development Corporation (IDC) is reviewing attendant agreements with Ethiopian Airlines to ensure that its terms and conditions are equitable and do not in any way disadvantage the Zambian government.

He says the review process has since commenced and is focusing on the two agreements entered into between Zambia Airways 2014 Limited and Ethiopian Airlines.

The Minister was responding to a question by Kantanshi member of parliament Anthony Mumba who wanted to find out whether the government has any plans to urgently review the contract between Zambia Airways Limited and Ethiopian Airlines, to ensure a win-win situation, before the launch of the national airline scheduled for 1st December 2021.

The Minister notes that his ministry at no time made a statement that the Government will discontinue the Zambia Ethiopia deal.

Mr. Tayali also said his office is aware that the previous Government procured 4 aircraft believed to be in Russia for the establishment of the airline and that the matter is under investigation.

Mr. Tayali said Zambia Airways will focus on domestic routes and said that Government will give the necessary support to the airline to enable it to grow and start taking regional flights.

16 COMMENTS

  1. …airline goes down its taxpayers that will be used….you won’t say if PF when you had the opportunity to review the agreement but you refused.

  2. INVESTIGATIONS STILL UNDERWAY TO ESTABLISH IF SETTING UP OF ZAMBIA AIRWAYS CONTAINED SOME CORRUPTION ELEMENTS

    By Chileshe Mwango

    Transport and Logistics Minister Frank Tayali says investigations are still underway to establish if the setting up of the national flag carrier, the Zambia Airways contained some corruption elements.

  3. Mr. Tayali has told Parliament that government is also trying to establish what the previous government was trying to do with the launch of the national airline as they were three separate entities that had been established.

    Meanwhile, Mr Tayali says the principal shareholder agreement between the Zambia government and Ethiopian Airlines will not be altered but that the Industrial Development Corporation –IDC- will ensure related issues are resolved before 1st December 2021 when the airline will make its maiden flight.

    He has assured that government will ensure that Zambia does not lose out on its $16 million investment.

    PHOENIX NEWS

  4. Will Zambia benefit from this joint venture?
    That is what new dawn has to see.
    Not just blindly accepting what previous
    Government signed.How much did Zambian
    Government pump in this?

  5. We were told

    “what the use of building a ga.rage if you don’t have a car ”

    I’m sitting on the fence on this one…….

    It could go either way………

    Then again Zambians are cry.ing for owner.ship of countries assets ………

    This is a lit.mus test al.beit in conjunc.tion with the Ethiopians……

  6. I’m sitting on the fence on this one…….

    It could go either way………

    Then again Zambians are cry.ing for owner.ship of countries assets ………

    This is a lit.mus test al.beit in conjunc.tion with the Ethiopians……

  7. I’m sitting on the fence on this one…….

    It could go either way………

    Then again Zambians are cry.ing for owner.ship of countries assets ………

  8. I’m not even going to wish the UPND government good luck in this airline project because that would also be madness.

  9. Nemwine _ They should have pulled the plug on this one and cut their losses …it is just giving mighty EA competitive advantage whilst we are killing our local airlines and taking business to Addis International Airport.

  10. What is hard about taking $30 million giving it to an airline and putting people on payroll? Stupidity of the highest order

Comments are closed.

Latest News

Government pledges to partner with Malawi, Mozambique to improve cross-border SRH services

The government has pledged its commitment to forge a strong partnership with Malawi and Mozambique aimed at improving the...

More Articles In This Category