News / National
Heads to roll at NRZ
01 Sep 2020 at 07:46hrs | Views
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The National Railways of Zimbabwe (NRZ) has embarked on a managerial shake-up to reduce its wage bill after it emerged that the parastatal was top-heavy.
The two-year restructuring exercise aims to cut 50 managerial posts from the current 180. This comes as the under-capitalised parastatal is struggling to perform due to poor management.
"In 2016, government directed that NRZ must retrench and NRZ had a workforce of about 8 000. They were given a week to layo half of the workers because the salaries alone — the percentage of salaries and revenues became unacceptable," NRZ board chairman Martin Dinha told journalists in Harare last Friday.
The two-year restructuring exercise aims to cut 50 managerial posts from the current 180. This comes as the under-capitalised parastatal is struggling to perform due to poor management.
"In 2016, government directed that NRZ must retrench and NRZ had a workforce of about 8 000. They were given a week to layo half of the workers because the salaries alone — the percentage of salaries and revenues became unacceptable," NRZ board chairman Martin Dinha told journalists in Harare last Friday.
Source - Newsday