Browsing tag

Ripton Muzenda

Former CEO sues Air Zimbabwe

Former Air Zimbabwe chief executive officer Captain Ripton Muzenda has taken the airline to the High Court claiming outstanding salaries and benefits amounting to $42 801.

Air Zimbabwe suspends CEO

Troubled national airline, Air Zimbabwe (AirZim), has suspended its chief executive officer (CEO), Ripton Muzenda, pending dismissal for allegedly opposing a board resolution to retrench over 200 workers.

AirZim hit hard by forex shortage

By Auxilia Katongomara Air Zimbabwe is being forced to hire planes to serve its routes as foreign currency shortages are delaying the acquisition of spare parts for its grounded fleet. This has resulted in long flight delays and cancellations in the past week. Officials at the airline have said the Reserve Bank of Zimbabwe was […]

AirZim crisis deepens

Air Zimbabwe (AirZim) management has made significant cutbacks in route network to curtail serious write-down, triggered by aircraft shortages, plummeting load factors and foreign currency bottlenecks. The situation at the airline, especially the debilitating shortage of aircraft in the past few months, has triggered fears of further job losses. In June 2011, AirZim shut down […]

AirZim deal collapses

By Shame Makoshori Plans by the country’s beleaguered airline, Air Zimbabwe (AirZim), to lease modern passenger aircraft from Malaysia Airlines have hit a brick wall after the two parties could not agree on terms underpinning the multi-million dollar deal, the Financial Gazette can exclusively report. Zimbabwe had made giant strides in negotiating the acquisition of […]

Air Zim fails to submit financials in 8 years

State-owned Air Zimbabwe (Air Zim) has failed to fulfil the obligation to submit financial statements for audit for the past eight years. The insolvent airline — grappling with $300 million in debt — is currently working on the 2010 financial statements, according to the office of the Auditor-General (AG). The primary objective of an audit is […]

Emirates eating our cake, says Airzim boss

By Lloyd Gumbo Air Zimbabwe is opposed to the granting of licences to foreign airlines such as Emirates to carry passengers between Harare and Lusaka, saying such a move disadvantages the national airline. Air Zimbabwe chief executive officer Captain Ripton Muzenda last week told the Parliamentary Portfolio Committee on Transport and Infrastructural Development that the […]

Air Zim to reinstate 300 fired workers

By Bridget Mananavire National carrier, Air Zimbabwe, has been ordered by the Labour Court to reinstate about 300 workers it fired nearly two years ago. Air Zimbabwe chief executive Ripton Muzenda told a parliamentary portfolio committee on Transport and Infrastructure Development chaired by Chegutu West Zanu PF MP Dexter Nduna that they were going to appeal […]