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Gono to pay all outstanding payments

by Byo24News
02 Apr 2011 at 13:17hrs | Views
Governor of the Reserve Bank of Zimbabwe Dr Gideon Gono on Friday said all people recently retrenched from the central bank would get their outstanding payments Saturday.

This followed clashes at the bank's premises in Harare yesterday between the retrenchees and the police as the former employees demanded immediate payments.

In a statement, Dr Gono said they could check their bank accounts on saturday for the balance.

"The Governor of The Reserve Bank of Zimbabwe would like to advise all retrenchees of the bank that payments have been done into their accounts at the same level as when they left the bank, via transfers into their accounts.

"Kindly check your accounts balances starting Saturday the 2nd of April, 2011," reads the statement.

A group of retrenchees besieged the central bank demanding their payments and police had to be called in to restore order.
Some of them scuffled with police as they tried to enter the RBZ headquarters.

In an interview one of them said, "We are not here for violence and I am wondering why the police are here. All we want is our money nothing else."
The workers were among 1 450 employees retrenched last month as part of cost-cutting measures as the central bank has stopped quasi-fiscal activities adopted at the height of the illegal sanctions-induced economic decline of the past decade.

Source - Byo24News