Categories: Stories

Zimbabwe civil servants pay delayed

Salaries for civil servants have been delayed by at least two weeks. Members of the uniformed services such as the army, police and air force will be paid on 27 June while teachers, doctors and nurses will be paid on 7 July and 14 July.

Zimbabwe is currently facing a cash crisis and is introducing bond notes in October.

Finance Minister Patrick Chinamasa said the notes could not be introduced earlier because the printer is only be able to produce them then.

He apologised for prematurely announcing the introduction of bond notes which has sent panic waves among Zimbabweans who are afraid the introduction of the notes is tantamount to bringing the Zimbabwe dollar back.

(172 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

This post was last modified on June 17, 2016 9:44 pm

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

ZiG continues to hold its own

The Zimbabwe Gold, ZiG, continued to firm against the United States dollar ending the week…

May 17, 2024

Zimbabwe requires 46 000 tonnes of grain a month to feed those without food

Zimbabwe will be issuing 7.5 kg of grain a month to each of the six…

May 16, 2024

Stability of ZiG critical to reduce demand for use of US dollar

The stability of Zimbabwe’s local currency, the Zimbabwe Gold (ZiG), is critical if the country…

May 15, 2024

More than half Zimbabwe population will need food aid

More than half of Zimbabwe’s population will need food aid between this month and March…

May 15, 2024

ZiG kicks off week on a positive note

Zimbabwe’s currency, the ZiG, kicked off the week on a positive note after firming to…

May 13, 2024

Why Zimbabwe white farmers lost their R2 billion land damages claim in South Africa

Twenty-five white Zimbabwean farmers who took their R2 billion land damages claim to the South…

May 12, 2024