Harare – President Emmerson Mngangagwa has appointed former Finance Minister, Patrick Chinamasa as the new board chairman of troubled national airliner, Air Zimbabwe.
According to ZBC news online, this was announced on Monday by the Zanu Pf politburo along with the appointment of Victor Matemadanda as Secretary for the Commissariat, Douglas Mahiya as Secretary for War Vet and the appointment of Zenzo Moyo as Deputy Director for War Veterans Affairs.
Chinamasa was replaced by Professor Mthuli Ncube as the Finance minister in September 2018, a post which he held since 2013.
The changes then coincided with calls upon the new government to include technocrats in its cabinet which also saw the appointment of former Olympic champion, Kirsty Coventry as the minister of sports.
The country’s flagship carrier grappling through a series of challenges including a legacy debt amounting to over US$381 million only has one airline currently operational.
The ballooning debt has been pointed out as a major hindrance to attracting new investment partners needed to revitalise the airline.
Earlier in May 2019, government through the Ministry of Transport and Infrastructure Development told local publication, the Standard Business that it was moving ahead with debt assumption plan of the national airliner by June, 2019.
Meanwhile, government has since long announced plans to deliver two Boeing 777 jets from Malaysia.
Equity Axis News
Raynold Mhotseka is a Journalism and Media Studies student at the University of Zimbabwe. He serves as a news writer at financial research firm, Equity Axis where he is currently on attachment.