The workers, some of whom were earning as little as $101 a month (about US$4 at the official rate at the time and less than half that on the black market), were supposed to be paid a retrenchment package of:
According to agreements that the workers signed in March, one worker who had served the company for 41 years was, for example, to be paid a severance package of $17 466 at the end of June which would have been US$274 at the official exchange rate.
Another with 12 years’ service was to get only $4 968 (US$78).
A foreman with 20 years’ service was to get $21 480 (US$337).
Sibanda and Shoko told workers that they had persuaded the government to quadruple the packages so it was better to persuade those workers who had rejected the retrenchment packages to accept because they would leave the company empty-handed.
In the audio Sibanda said she was going to do so reluctantly because she had been called all sorts of names. It was then that she said workers had no choice but to take it or leave it because the package had been sanctioned by Mnangagwa.
“Apa office yatakapinda handina kukuudzai ka kuti ndeyani. It was not Office ka of the President. It was the President himself. Handiti muri kunzwisisa. We did not meet the Office of the President, we met with him,” she said.
https://api.soundcloud.com/tracks/980296810
Shoko said the President had emphasized that the package would be $20 million and no more.
Though he made it sound little, the packages that the workers were offered, even after being quadrupled, were not going to reach half the amount raising questions about what was going to happen the balance if the government were to disburse $20 million.
The government-appointed corporate rescuer, Ngoni Kudenga, has been tasked with examining Boustead Beef (Pvt) Ltd’s current operations (investments made and operational initiatives implemented since the signing of the agreement) and establish whether or not it has capacity to revive CSC and advance the Livestock Growth Plan.
Kudenga was also tasked to:
(282 VIEWS)
Page: 1 2
Africans must now tell their own stories because if they continue to denigrate themselves they…
Quarterly taxes, which are due next month, will force businesses to sell a quota of…
Zimbabweans will soon be able to change their ZiG to United States dollars and vice-versa…
Senator Sengezo Tshabangu yesterday expressed dismay at the pace at which the government is constructing…
Zimbabwe has ordered providers of goods and services to use the official exchange rate or…
Zimbabwe is going to introduce legislation which ensures that the country uses one exchange rate…