Farai Mabeza, Senior Staff Writer 
THE Airports Company of Zimbabwe (ACZ) is waiting for the government to gazette a statutory instrument that will spell out the separation of assets and liabilities, as the firm completes its unbundling from the Civil Aviation Authority of Zimbabwe (Caaz).
The process, which started in 2018 seeks to avoid a conflict of interest and comply with International Civil Aviation Organisation regulations.
Under the previous structure, Caaz was both player and referee as it had regulatory oversight, while it also operated airports.
Caaz will maintain its name and identity and ACZ’s key mandate will be to acquire, establish and manage airports in Zimbabwe.
“There is supposed to be the gazetting of a statutory instrument that allocates and separates assets and liabilities so that the two entities can fully function as separate bodies,” ACZ acting chief executive, Tawanda Gusha, told The Financial Gazette this week.
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