News

Need another reminder of how much drugmakers spend to discover what doctors are prescribing? Look no further than new documents from the leading keeper of such data.

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Teachers want $1 000 a month- Zimbabwe’s teachers were today reported to be seeking salaries of at least US$1 000 a month. They currently earn between $300 and $480 per month but the Consumer Council of Zimbabwe says a food basket for an average family of five now costs $540 a month. In December civil servants were reported to be demanding a minimum wage of US$543 which is in line with the poverty datum line. Finance Minister Patrick Chinamasa said in his 2014 budget that the government will raise the salaries of civil servants to the current poverty datum line but this would be staggered to leave room for continued funding of government operations. The government will also improve the welfare of civil servants through the provision of non-monetary benefits in such areas as housing.

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Civil servants will know their fate on Wednesday when the government and their representatives meet to negotiate their new salary structure.

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The Movement for Democratic Change today called for fresh elections saying that the Zimbabwe African National Union-Patriotic Front which won harmonised elections less than six months ago has failed.

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“The poor cannot sleep, because they are hungry,” the Nigerian economist Sam Aluko famously said in 1999, “and the rich cannot sleep, because the poor are awake and hungry.” We are all affected by deep disparities of income and wealth, because the political and economic system on which our prosperity depends cannot continue enriching some while it impoverishes others.

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The price of platinum for February went up by US$4.80 following news that Zimbabwe had given mining companies until 18 January to submit proposals for establishing a refinery in the country.

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