Zim Miners Agree To 80% Wage Increase

Zimbabwe mining companies which include units of Anglo Platinum, Impala Platinum and Caledonia Mining are to award a wage increase of just under 80% to mine workers.

The salary for the lowest-paid worker in the industry rising to about 480 RTGS dollars per month. Negotiations between the Associated Mine Workers Union of Zimbabwe (AMWUZ) and the Zimbabwe Chamber of Mines resulted in the salary adjustment for employees in the industry. Tinago Ruzive, president of the mine workers’ union, said:

Following extensive negotiations between the AMWUZ and the Zimbabwe chamber of mines, we managed to cobble out an agreement of 80% wage/salary increase for the mining industry covering the period January to December 2019.

More: Fin24

RTGS Dollars

Zimbabwe RTGS Dollars are a Zimbabwean currency introduced on 20 February 2019 by the Reserve Bank of Zimbabwe. At introduction, the currency consisted of existing RTGS balances in bank accounts, Bond Notes cash and Bond Coins. The introduction of the RTGS Dollars was announced by... Read More About RTGS Dollars

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