State Injects K2.5m Zampost Stabiliser

GOVERNMENT has released K2.5 million to Zampost to stabilise its operations. Postmaster general Brighton Ngoma said in interview on Friday that the funds are an addition to the initial K5 million which was released to, among other things, pay salary arrears to employees. Mr Ngoma said Government has assured management that more funds will be channelled to the company to settle all payment. “Government has so far released K7.5 million from January to date.

The money has partly been used to pay salary arrears and it has stabilised the company’s operations. “With assistance from Government, we have been able to ensure that our workers are paid monthly while we settle the outstanding arrears. We have a plan which will ensure that these arrears are settled soon,” Mr Ngoma said.

He said Zampost will soon relaunch its express mail services to enhance revenue collection. Mr Ngoma said the company will also start providing e-wallet services to enable its clients to transfer and receive money, as well as to pay for bills. He said Zampost has paid K42,000 to Zambia Information and Communications Technology Authority (ZICTA) to address administrative issues before members of the public can start to access the service.

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