Business

Shareholders pump life into CEAR operations

Managing Director of Central East African Railways (Cear), Hendry Chimwaza, says the future of the company is now more promising following an injection of capital by Vale, the new shareholders of the company.

Chimwaza said the coming in of the new shareholder has seen the company acquiring new coaches which have improved the company’s operations. This year, according to Chimwaza, the company expects to haul twice the cargo it carried last year.

“So what I can say is that the future looks bright for the company as well as the country’s transport sector because rail transport plays a pivotal role in the economy of any country,” said Chimwaza.

Chimwaza was speaking in Blantyre during the graduation of 24 locomotive drivers.

He said the importance of highly qualified locomotive drivers in the rail transport business cannot be overemphasised.

“These are the people entrusted with the responsibility of moving millions of dollars’ worth of goods from one point to another, therefore, the need for them to be skilled,” said Chimwaza.

He urged the locomotive drivers against stealing the company’s property, including fuel.

“If you steal from the company, Cear will not grow and if the company doesn’t grow, we will not have money to pay you,” said Chimwaza. One of the graduates, Patrick Chani, promised to work hard to ensure that he takes the company to greater heights.

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