Zimbabwe Manpower Development Fund (Zimdef) has started processes to retrench over 60 employees citing resource limitations. The retrenchments are coming at a time when there are allegations of abuse of Zimdef funds by Higher Edu Minister Professor Jonathan Moyo and his deputy Dr Godfrey Gandawa.
Zimdef collects $3,6 million monthly and its wage bill is below $200 000. Documents in The Herald’s possession show that management led by chief executive officer Mr Fredrick Mandizvidza has since communicated its intentions to the workers. Zimdef employs about 200 employees and of the figure, it is estimated that between 20 and 30 are students on attachment, meaning that permanent employees are around 170.
The employees are frustrated that Zimdef intends to retrench citing revenue challenges when there are media reports of gross abuse of funds by the Fund’s trustee.
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Speaking to The Herald, Zimdef’s human resources boss Mr Kajengo would neither confirm nor deny intentions by the Fund to retrench,
I am not allowed to speak to reporters. I refer you to the CEO.
Mr Mandizvidza was not immediately available for comment. Workers say the retrenchment could start anytime soon and are appealing for Government intervention.