Air Zimbabwe seeks provision of insurance cover for assets

Air Zimbabwe seeks provision of insurance cover for assets

HARARE, National airliner, Air Zimbabwe is looking for companies that can provide Insurance Cover for its assets. This comes amid reports that the national airliner has rebranded to Zimbabwe Airways after concluding a long-term lease deal in Malaysia, which will result in the delivery of four modern Boeing 777-200 planes from Malaysia Airlines.

Among the national airline’s assets include Chinese made MA-60, an ageing 767-200 and refurbished Airbus A320 planes.

Government last year enacted a law that ring-fenced Air Zimbabwe’s assets from attachments due to debts owed to different creditors. In 2016, the national carrier was reported to require about $1 billion to recapitalize, with $298 million required to service both its domestic and foreign debts, which emanated from navigation, landing, handling fees, fuel supplies, salary arrears and rentals. 

Meanwhile, below are the Tender details

Air Zimbabwe (Private) Limited



Tenders are invited from companies for the provision of the Insurance Cover for Air Zimbabwe Assets subject to conditions set out in the Tender Document.

REF NUMBER                                                          SCOPE OF WORK

AIRZIM/0001/17                                                           INSURANCE COVER FOR AIRZIM ASSETS -LOT 1

AIRZIM/0002/17                                                          INSURANCE COVER FOR AIRZIM ASSETS –LOT 2

Bidders must comply with the following

>Be on the relevant category of the current suppliers list of the SPB

>Provide at least three trade references for similar work

>Provide a detailed Company Profile

>Certificate of company registration


>Current tax certificate

Tender documents are obtained from the Head of Procurement, Air Zimbabwe Private limited, Harare International Airport, upon payment of a non refundable fee of $10.00

Bids in sealed envelopes must be deposited in the tender box in the acting Procurement Manager’s office on or before Friday 14th July 2017 at 1000hrs. Bidders are free to witness the tenders opening of the Tender immediately after the closing time.


Air Zimbabwe is not bound to accept the lower bidder or any tender


For more information please contact

Acting Manager Procurement on

0712 688 142/ 0778841 862



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