Categories: Stories

Zimbabwe Finance Minister optimistic government and employees will strike salary deal

Zimbabwe Finance and Economic Development Minister Mthuli Ncube today expressed optimism that the government and its workers will strike a compromise on salaries as the parties meet for crunch talks tomorrow.

The National Joint Negotiating Council (NJNC), the forum that brings together the government, the Civil Service Commission and civil servants under the umbrella of the Apex Council holds its first meeting of the year tomorrow.

The lowest paid civil servant currently earns $1 023, less than a third of the poverty datum line.

The poverty datum line stood at $3 656.48 I November.

Civil servants have since last year insisted that the government should peg their salaries to the exchange rate to cushion them from inflation and currency fluctuations, a demand which the employer has said was not sustainable.

To cover its employees’ needs, the government last year gave them salary “cushions” which in most cases were rendered meaningless by runaway prices of goods and services.

Ncube said he was optimistic tomorrow’s negotiations would produce a “positive outcome”.

“We always stand ready as government to listen, to support them as they support the country and as they support their families,” he told journalists.

While refraining from committing that government would meet its employees’ demands, Ncube said “we will do everything within our means”.

“We also have to commit to live within our means and not to have a runaway budget situation,” he said.

“I am sure we will agree on something that will leave both parties feeling that they have achieved something and we are determined to do that.”

Zimbabwe passed a $63.6 billion budget for this year but is expecting revenue of $58.6 billion leaving a deficit of $5 billion.- NewZiana/Own

(111 VIEWS)

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

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024