Business, World, Zimbabwe

Air Zimbabwe to retrench half of its workforce

Loss-making Air Zimbabwe to cut jobs

Air Zimbabwe is cutting half of its 400 jobs as part of a restructuring plan meant to revive the ailing national carrier, Chairwoman Chipo Dyanda said on Wednesday.

Like most state-owned companies in the southern African country, Air Zimbabwe has been making losses for years due to mismanagement, high operating costs, old aircraft and equipment.

Air Zimbabwe cut 300 jobs in August 2015 following cuts in 2009 and 2013, but has since rehired some of the workers.

President Robert Mugabe’s son-in-law Simba Chikore was appointed Chief Operating Officer (COO) last October

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