The General Manager of Fastjet Tanzania has issued a notice stating that there will be retrenchments of staff in all departments at the end of September 2018 and asking for volunteers for voluntary redundancy in the next few days.
I think the company still has 3 leased ATR 72-600s sitting on the ground in Toulouse which must be an additional drain on their finances. Nico Bezuidenhout seems to have done little to turn the company around, with shares trading at £7.75 - down 68% on the year