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Currency volatility derails wage negotiations - Zimbabwe Situation

Wage negotiations littered with deadlocks

The Zimbabwe Independent Kudzai Kuwaza THE 2021 wage negotiations across various sectors of the economy have been characterised by deadlocks and delays amid revelations that some employers have maintained a minimum wage of ZW$2 500 (US$30) that was imposed by the government in 2020. This comes at a time when prices of basic commodities have skyrocketed worsened by a wave of increases in tariffs by the government. Inflation for January shot to just over 360%. Zimbabwe Congress of Trade Unions secretary general Japhet Moyo painted a grim picture of the challenges within the various national employment councils (NECs). “It’s a gloomy picture. It’s not a good situation at all,” Moyo said.

TNF hits turbulence in 2020

The Zimbabwe Independent Kudzai Kuwaza THE Tripartite Negotiating Forum (TNF), which was legislated in June 2019 amid pomp and fanfare, faced major hurdles last year mainly over the issue of wages as other partners accused the government of failing to take them seriously. The TNF is a social dialogue platform that brings together government, business and labour to negotiate key socioeconomic matters. It has been in existence since 1998 initially as a voluntary and unlegislated chamber in which socioeconomic matters were discussed and negotiated by the partners. Zimbabwe Congress of Trade Unions secretary-general Japhet Moyo told businessdigest that they were frustrated over the failure by the government to consult over policies it put in place which have a bearing on employers and workers.

RioZim, military wrangle blow to investment bait

The Zimbabwe Independent November 27, 2020 THE protracted dispute between RioZim and the military, as well as a company owned by Pakistani nationals Falcon Resources over chrome mining claims in Darwendale, Mashonaland West province is a blow to President Emmerson Mnangagwa’s drive to lure investment into the country and stem the rapid fall in foreign direct investment. Kudzai Kuwaza RioZim won its protracted dispute with the military and Falcon Resources in a recent ruling by the Supreme Court. The dispute started sometime in August 2018 when Defence and War Veterans Affairs minister Oppah Muchinguri declared RioZim’s mining claims a cantonment area and offered them to Falcon Resource, which was a violation of the law.

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