{"id":29463,"date":"2016-08-05T12:52:47","date_gmt":"2016-08-05T10:52:47","guid":{"rendered":"http:\/\/www.times.mw\/?p=29463"},"modified":"2016-08-05T12:52:47","modified_gmt":"2016-08-05T10:52:47","slug":"shareholders-pump-life-into-cear-operations","status":"publish","type":"post","link":"https:\/\/archive.times.mw\/index.php\/2016\/08\/05\/shareholders-pump-life-into-cear-operations\/","title":{"rendered":"Shareholders pump life into CEAR operations"},"content":{"rendered":"<p>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.<\/p>\n<p>Chimwaza said the coming in of the new shareholder has seen the company acquiring new coaches which have improved the company\u2019s operations. This year, according to Chimwaza, the company expects to haul twice the cargo it carried last year.<\/p>\n<p>\u201cSo what I can say is that the future looks bright for the company as well as the country\u2019s transport sector because rail transport plays a pivotal role in the economy of any country,\u201d said Chimwaza.<\/p>\n<p>Chimwaza was speaking in Blantyre during the graduation of 24 locomotive drivers.<\/p>\n<p>He said the importance of highly qualified locomotive drivers in the rail transport business cannot be overemphasised.<\/p>\n<p>\u201cThese are the people entrusted with the responsibility of moving millions of dollars\u2019 worth of goods from one point to another, therefore, the need for them to be skilled,\u201d said Chimwaza.<\/p>\n<p>He urged the locomotive drivers against stealing the company\u2019s property, including fuel.<\/p>\n<p>\u201cIf you steal from the company, Cear will not grow and if the company doesn\u2019t grow, we will not have money to pay you,\u201d said Chimwaza. One of the graduates, Patrick Chani, promised to work hard to ensure that he takes the company to greater heights.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s operations. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":29464,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/29463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=29463"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/29463\/revisions"}],"predecessor-version":[{"id":29465,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/29463\/revisions\/29465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/29464"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=29463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=29463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=29463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}