Business / Companies
Govt rejects ZETDC proposal
12 Jan 2017 at 06:41hrs | Views

Government has dismissed a proposal by ZETDC to sack about 1 600 workers.
The move appears to undermine efforts by the power company to cut costs and stem losses in line with government objectives to make parastatals profitable.
The ZETDC has a workforce in excess of 5 300, and this has been bleeding the parastatal through an unsustainable salary and wage bill.
The company also wanted to create a learner structure, which is more cost effective.
Source - Fin Gaz