Zimbabwe Cricket Will Not Be Renewing Almost All Staff Contracts To Reduce Expenses

In a statement, Zimbabwe Cricket (ZC) said it will not be renewing almost all staff contracts as part of its new  financial strategy to reduce expenses

ZC had failed to pay its staff and players some of their outstanding dues before the International Cricket Council (ICC) intervened. The ICC bailout, which was structured at a meeting in Dublin, Ireland, at the end of June, comes with some stringent conditions for the way the funds have to be utilised. Said ZC:

Zimbabwe Cricket is reviewing its cricket structure and financial strategy due to the need to radically reduce expenses across the board to ensure the sustainability of this great game. This strategic planning process is under way and needs to incorporate plans to ensure that the competitiveness and strength of domestic cricket and the high performance cricket pathway is at least maintained. Not an easy task. Strong measures are required to make this a reality. With the above in mind, ZC will not be renewing almost all staff contracts which conclude on 31 August 2018. It needs to be noted that the national men and women player contracts are being reviewed and will be agreed next week. The domestic season will start in November and the staff complement required will by that time have been defined and agreed to suit the ZC cricket strategic direction. These are tough times and tough decisions are required to preserve cricket in Zimbabwe.

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More: Herald

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