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Zimbabwe govt to bend indigenisation policy on Air-Zim, says Mpofu

by Staff reporter
08 May 2015 at 02:05hrs | Views

Zimbabwe is willing to compromise on indigenisation stipulations to help the national airline to secure a new investor.

Transport minister Obert Mpofu said government was pursuing various efforts to ensure that Air Zimbabwe starts operating on a sustainable basis.

He said they would be looking at several possibilities out of which a compromise where, indigenisation is concerned, one rout of compromise would be selected and this would be an outcome of negotiations between the two parties.

Mpofu said they are willing and are in the process of making sure that AirZim secures an investor.

He said government was assuming the struggling national airline's debt to make the carrier attractive to investment.

Source - dailynews
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