ACZ holds first AGM to review 2021 financial year

Freeman Razemba
Senior Reporter
THE Airports Company of Zimbabwe (ACZ) held its first Annual General Meeting (AGM) this morning to review its operations, financial performance, and overall status for the financial year ending December 31, 2021.ACZ, which started operating in 2020, is managing eight airports in Zimbabwe, offering direct and fast access to the country’s tourist resort areas.

It was formed through the Civil Aviation Amendment Act, 2018 (No.10 of 2018) mandated to acquire, establish, develop, maintain, manage, control and operate airports.

Several officials from the Ministry of Transport and Infrastructural Development, Parliamentary Portfolio Committee on Transport and Infrastructural Development member, Cde Munyaradzi Kashambe; ACZ board chairperson Advocate Tichaona John Muhonde; ACZ chief executive officer Mr Tawanda Gusha; ACZ board members, among others, attended the meeting.
In a speech read on his behalf by the ministry’s strategic policy planning and monitoring and evaluation director Mr Allowance Sango, Transport and Infrastructural Development Deputy Minister Joshua Sacco said the platform provided a critical opportunity to reflect on the company’s performance, celebrate milestones, and align on the strategic direction for the year ahead.
“Let me begin by commending the ACZ board and management for the notable strides made in strengthening Zimbabwe’s aviation infrastructure,” he said.
“We have witnessed commendable progress in the ongoing rehabilitation and expansion of Robert Gabriel Mugabe International Airport; upgrades at Joshua Mqabuko Nkomo and Victoria Falls International Airports; enhanced service delivery, including passenger handling and compliance with international aviation standards; growing regional traffic and interest in Zimbabwe as a transit and tourism hub.

“These developments not only reflect ACZ’s commitment but also support the Government’s thrust under National Development Strategy 1 (NDS1) and Vision 2030 to develop world-class infrastructure that facilitates trade, tourism, and investment.”