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Zimbabwe Mine-Workers Feel The Effects Of Currency Reforms

4 years agoTue, 24 Sep 2019 05:41:30 GMT
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Zimbabwe Mine-Workers Feel The Effects Of Currency Reforms

Mineworkers in Zimbabwe have revealed that currency reforms the government is implementing in the country have greatly affected their salaries.

They said that the reintroduction of the Zimbabwe dollar through Statutory Instrument (SI)142 of 2019 has left them underpaid as the local currency continues to shed value against the United States dollar.

The SI also outlawed the use of all foreign currencies on domestic transactions thereby relegating mineworkers into the least paid employees in the country.

In a letter addressed to the National Employment Council for the Mining Industry, Zimbabwe Diamond and Allied Minerals Workers Union (ZIDAMWU) secretary-general, Justice Chinhema, said:

It is with great concern that employees in this industry are being underpaid as a result of the grave effects of Statutory Instrument (SI/142) of 2019 and SI 33 of 2019.

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The wages have arbitrarily dropped resulting in many people failing to cope with the inflationary pressures.

It is our belief that the effects of the aforementioned Statutory Instrument are a result of misinterpretation by the employers.

Chinhema added that despite the fact that the SI was adversely affecting the salaries of workers, employers have not been reviewing salaries to be consistent with the reality on the ground.

More: New Zimbabwe

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