Mining Sector Wants Govt To Allow Them To Keep 80% Of Foreign Currency Earnings

The Independent reports that mining workers and the Chamber of Mines have agreed to approach the government and table a request for the sector to get at least 80% of their foreign currency earnings.

Associated Mine Workers’ Union of Zimbabwe president Tinago Ruzive told The Independent on Wednesday that they had agreed with the Chamber of Mines to set up a meeting with Mines minister Winston Chitando to discuss the issue of forex retention. Ruzive said if Government agrees to the proposal mine workers can get paid in foreign currency. Said Ruzive:

When we met the Chamber we agreed that we should team up and meet the minister and demand that the sector retains 80% of their forex earnings. If the government agrees to this, it means us as mine workers can be paid in forex.

More: Independent

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