The governor of the Reserve Bank of Zimbabwe John Mangudya has promised to pay civil servants on time in 2016 pre-emptying a strike planned by the civil servants who did not get their December salaries.
The government only managed to pay teachers and postponed the pay-date for civil servants to 5 January.
According to The Herald, Mangudya held a meeting with the Apex Council, which represents all civil servants, on Wednesday to brief them on the status of government finances.
The central bank is the banker to the government.
(254 VIEWS)
The role of social media on how people get their news in Zimbabwe is being…
Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…
The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…
Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…
The United States lost its place as the most influential global power in Africa last…
The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…