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Zimbabwe Cricket cash crunch to affect employees and players salaries

6 years agoFri, 27 Oct 2017 19:39:28 GMT
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Zimbabwe Cricket cash crunch to affect employees and players salaries

In a memo circulated within the Zimbabwe Cricket (ZC) board and seen by ESPNcricinfo, Nesta Vaki, ZC’s head of Corporate Affairs and Human Resources, informed the staff that they will only receive half their October salaries at the end of the month and that the organisation will “do its best to rectify the situation by end November 2017.”

A senior board official said the memo was dated October 25 and that it was “an internal operational matter which we are dealing with and trying to resolve as soon as possible.” The official refused to elaborate on the reasons for the cash-flow problems and maintained that with payments due on October 30, no salaries have been affected yet. Several sources, however, have said that they do not expect payments to be made in full.

More: ESPN

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