Cash-strapped Zimbabwe offers workers land instead of bonuses - News Summed Up

Cash-strapped Zimbabwe offers workers land instead of bonuses


Zimbabwe authorities offered residential land to government employees in lieu of annual bonuses, unions said on Thursday, rejecting a proposal that suggests the cash squeeze gripping the country is unlikely to ease this year. Owning residential land is sees as unattractive as most plots lack basic amenities such as roads, electricity and sewerage, making them difficult to settle on or sell. He said the government last month signed another deal with unions allowing more than 500,000 state workers to buy residential land from councils at below market prices. Cecilia Alexander, who chairs the Apex Council that groups all state sector unions, said the council would give its final position on the proposals in February. Facing unprecedented protests over cash shortages and falling living standards, it dropped plans last September to cut public sector jobs and bonuses.


Source: The Star January 26, 2017 10:25 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */