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Top News In முதலாளிகள் கூட்டமைப்பு ஆஃப் ஸிஂபாப்வே Today - Breaking & Trending Today

Business, Labour Clash Over National Minimum Wage Gazetting


By Alois Vinga
BUSINESS and labour representatives have clashed over the proposal to set a national minimum wage in a bid to cushion workers whose concerns may not be addressed through their respective National Employment Councils (NECs).
The matter is currently under discussion at the Tripartite Negotiating Forum (TNF) – a social dialogue platform which brings together government, business and labour representatives.
Speaking to NewZimbabwe.com Business Monday, Zimbabwe Congress of Trade Unions (ZCTU) secretary general, Japhet Moyo said labour was pushing for the move in a bid to cushion the neglected and vulnerable workers.
“We are not taking away the bargaining powers of the NECs per se. Those doing better just like the case with enterprise level would negotiate and improve on the level set at the national level. ....

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How a strange, invasive virus added salt to injury - The Zimbabwe Independent


The Zimbabwe Independent
December 24, 2020
THE year 2020 has been a very difficult one, with the outbreak of Covid-19 hitting hard on an already ailing Zimbabwean economy.A plethora of challenges will see the economy contracting by about 4,5%, with consumer confidence remaining low while year-on-year inflation, at 401% in November, is projected to end the year at 336%, the highest in Africa.
Melody Chikono
Companies reported huge volume declines due to high annual inflation, which averaged 655%, while households struggled with declining buying power.
This was compounded by the fact that over 50% of the population already lived in extreme poverty, even before the pandemic hit the economy. ....

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