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Home » CAAZ achieves operational surplus
National Report

CAAZ achieves operational surplus

written by Almot Maqolo, Staff Writer 0 comments
CAAZ recorded a two percent increase in total revenue from ZiG937,6 million in 2023 to ZiG957,45 million in 2024.
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THE Civil Aviation Authority of Zimbabwe (CAAZ) achieved an operating surplus of ZiG251,29 million for the year ended December 31, 2024, reversing a deficit of ZiG155,7 million prior year due to cost-cutting measures and increased revenue flows. Nipping escalating operational costs has been at the centre of the company’s turnaround strategy amid higher financing costs…

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