Mr Temu. |
Swissport Tanzania Ltd Chief Executive
Officer Gaudence Temu told the firm’s 40th Workers Council in Dar es
Salaam that Swissport, a listed company on the Dar es Salaam Stock
Exchange (DSE), has to strictly adhere to the bourse’s rules that govern
release of the company information.
He said the use of internal information to gain from share trading
amounts to inside trading which is illegal.
The CEO described as inevitable the
participation of all workers, through their council, in decision making
of the company: “It has been scientifically proved that when workers are
involved in making decisions, they proudly execute those decisions
because they own them…and, good ideas don’t always come from the top.”
Mr Temu said it was in the interest of
the ground handling firm at Julius Nyerere International Airport and
Kilimanjaro International Airport to involve all employees in key
decision making.
Meanwhile, the company has established a modern
aviation academy to train professionals in the country’s aviation
subsector that remains starved of skills.
The training centre, located at GRTC
House along Nyerere road, will train Swissport employees, aspiring
professionals in the aviation industry and practicing professionals from
other companies.
“We have suffered much from the skill poaching in the
market, but hopefully this centre will increase skill supply in the
market,” said Mr Temu, adding that the long-term plan is to relocate the
centre to the company’s own building at airport area.
He said the academy will offer a range
of courses, which for many years Tanzanians were compelled to go for
abroad, “People for which our employees used to get outside the country
will now be provided here.”
The CEO asked for optimal use of the centre
as a good source of income for the company, which was recently declared
the country winner of the 11th edition of the Financial Reporting (FiRe)
Award in the Kenyan capital, Nairobi.
Swissport had beaten CRDB Bank and the
National Microfinance Bank that had submitted entries to the competition
that attracted 93 entries, the highest since its inception in 2002.
FiRe award is an initiative by Nairobi Securities Exchange, Capital
Markets Authority and Institute of Certified Public Accountants of Kenya
to recognise excellence in financial reporting among corporate bodies
in the East African Community.
The award seeks to promote and
institutionalise transparency, integrity and accountability in the
corporate reporting process.
Participation in the award is voluntary and
free of any charge. The organisations wishing to participate submit six
copies of their latest annual reports incorporating the financial
statements.
Source: The Daily News,http://www.dailynews.co.tz, reported by Masato Masato in Dar es Salaam
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