ZCTU Demands That Workers Be Paid Salaries In US Dollars

The Zimbabwe Congress of Trade Unions (ZCTU) says that it will continue agitating for workers to be paid their salaries in US dollars.

The labour body made the call despite the fact that the government recently outlawed the use of the multi-currency system in domestic transactions.

ZCTU president Peter Mutasa said that the government of Zimbabwe has been taking workers for granted for a long time. He said:

Before banning the US dollar, Mthuli had assured the nation a day before that the Zimbabwean dollar will only be introduced when macro-economic fundamentals are in place.

The government has been taking its people for granted for quite some time now when it introduced bond notes in 2016 that they were adequately backed by lines of credit from the AFREXIM Bank.

Clearly, in all records, the working people of Zimbabwe have lost substantial value in their earnings as they work in the fast depreciating RTGS.

The government last week promulgated Statutory Instrument 142 of 2019 which banned the multi-currency regime while at the same time reintroducing the Zimbabwe Dollar.

The move was met with mixed reactions with some sections of society viewing it as a stroke of genius while in some quarters it set the country on the path towards the 2008 scenario.

More: 263Chat

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