The government abruptly banned the use of foreign currencies on June 24 and decreed that domestic transactions would now be in the local RTGS currency, which was renamed Zimbabwe dollar
“Civil servants are not asking for a salary increment, but rather restoration of the value of their earnings, which fell from at least US$475 to a mere US$47 currently for the lowest paid civil servant,” read part of the workers’ petition. The lowest-paid government worker earns 430 Zimbabwe dollars a month, enough to buy a vehicle tyre. The government hiked the price of fuel at the weekend and is looking to raise the tariff for electricity in the coming weeks.
The last strike called by another union over a sharp rise in fuel prices in January turned deadly after an army crackdown on protesters left more than a dozen people dead.Deputy Minister of Labour, Lovemore Matuke, who received the unions’ petition, promised to take it up with government.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »
Springbok’s Dyantyi under injury threat | SABC News – Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
Source: SABC News Online - 🏆 32. / 51 Read more »