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BancABC uses 'dirty tactics' to silence bosses?
BancABC is engulfed in controversy, facing accusations of fabricating charges against at least nine top managers as part of a strategy to evade paying retrenchment packages, NewZimbabwe.com has learne...Published: 24 hrs ago | 1023 | by Staff reporter
Setback for Ramaphosa as another major retailer in South Africa closes its doors
Jumia Technologies, the Africa-focused e-commerce retailer that operates popular online retailer Zando, says it will be exiting the South African business by the end of the year to sharpen its focus o...Published: 19 Oct 2024 at 12:31hrs | 9553 | by Staff reporter
ConCourt dismisses US$97K suit from former Old Mutual employee
The Constitutional Court (ConCourt) has dismissed a US$97,247 lawsuit filed by Christmas Mazarire, a former employee of Old Mutual Shared Service, who was challenging the computation of his retrenchme...Published: 18 Oct 2024 at 08:50hrs | 422 | by Staff reporter
Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 10 Jul 2024 at 16:49hrs | 13 | by Rutendo Bereza Matinyarare
ZB Retrenchment, 98 workers bite the dust
ZB Financial Holdings (ZBFH) says 59 staff members, mostly those who were nearing retirement took up its Voluntary Disengagement Scheme (VDS) and further 39 were affected under the Compulsory Disengag...Published: 13 Jun 2024 at 22:18hrs | 5 | by Erick Matotoba
Zimplats shields US$1,8 billion expansion plan
PLATINUM giant Zimplats says the current cost-cutting initiatives aim to lessen the effect of budget cuts on its growth strategy, which includes a US$1,8 billion expansion programme.The compan...Published: 21 Mar 2024 at 08:46hrs | | by Staff reporter
Chamisa linked Zuva judgment knocks out Air Zimbabwe employees
After accepting retrenchment packages, 300 former Air Zimbabwe employees lost their appeal against their dismissal, as ruled by the labor court. The terminations stemmed from the 2015 Zuva Petroleum P...Published: 12 Mar 2024 at 20:10hrs | 7 | by Staff reporter
Air Zimbabwe wins retrenchment case
THREE-HUNDRED former Air Zimbabwe workers have lost their appeal against retrenchment after the Labour Court ruled they waived their right to object to the procedural irregularities by accepting retre...Published: 08 Mar 2024 at 05:05hrs | | by Staff reporter
Go Beer to reopen in 8 months
GWERU mayor Martin Chivhoko has announced that the local authority's beer concern, Go Beer will commence production in November this year.Chivhoko said a memorandum of agreement had been signe...Published: 07 Mar 2024 at 05:09hrs | 2 | by Staff reporter
Kuvimba mining house dumps hundreds of workers
Shamva Mine, owned by mining conglomerate Kuvimba mining house has laid off hundreds of workers in recent months, according to a union official. The termination of contracts for 200 workers co...Published: 20 Feb 2024 at 11:21hrs | 3 | by Staff Reporter
Gweru to revive Go Beer Breweries
Gweru city council is locked in talks with an unnamed investor to revive the local authority's beer concern, Go Beer, in a bid to start operations this year, it has been established.Mayor Mart...Published: 11 Feb 2024 at 21:09hrs | 1 | by Staff reporter
Bulawayo Thermal Power Station decommissioning to hit jobs
THE Bulawayo Progressive Residents Association ((BPRA) has warned of massive job losses in the country's second largest city as the power utility Zesa moves to decommission the Bulawayo thermal power ...Published: 02 Feb 2024 at 17:20hrs | 1 | by Staff reporter
Air Zimbabwe missing in action
AIR Zimbabwe, which faces a myriad of problems ranging from mounting debts, ageing aircraft, government interference and poor management, has become a pale shadow of itself as it is failing to make a ...Published: 27 Dec 2023 at 17:26hrs | 11 | by Staff reporter
Bata offloads 106 workers
Gweru, one of Zimbabwe's heavy industrial hubs continues with its tailspin after Bata Shoe Company retrenched 106 workers on Monday this week.Except for Bata, most of Gweru's industrial area i...Published: 25 Nov 2023 at 07:48hrs | 8 | by Staff reporter
Mwonzora's MDC-T lays off workers
The MDC-T has begun finalising administrative modalities on the retrenchment of some of its workforce, with some workers expected to get their gratuities.The process is also set to address wha...Published: 13 Nov 2023 at 05:46hrs | 7 | by Staff reporter
Maybe if there had been no social media, Zimbabwe would be free today!
When I started writing these social justice articles way back in 1989, as a form three pupil, the world was a very different place.Those of us who had chosen this path - of speaking for the op...Published: 05 Nov 2023 at 13:23hrs | 9 | by Tendai Ruben Mbofana
Air Zimbabwe planes unaccounted for
ACTING Auditor-General Rheah Kujinga has exposed the rot at Air Zimbabwe which includes financial books that are in a shambles as well as the failure by the national airline to account for the number ...Published: 31 Oct 2023 at 16:27hrs | 9 | by Staff reporter
NSSA is a vehicle for enriching the powerful whilst exploiting the poor!
I already knew that Zimbabwe was hell and a living nightmare for the vast majority of the ordinary citizenry.I was also fully aware that the powerful were the only ones getting richer and rich...Published: 15 Oct 2023 at 09:49hrs | | by Tendai Ruben Mbofana
Sexual harassment rampant in the Zimbabwean media
Sexual harassment is rampant in the Zimbabwean media and continues largely because the media ecosystem itself - the journalists, editors, media managers, Human Resources Departments and proprietors - ...Published: 10 Oct 2023 at 06:31hrs | 1 | by Staff reporter
Retrenched workers refuse to go
SUGAR producer starafricacorporation Limited has served retrenchment letters to 75 workers, but the workers have refused to sign arguing that their employer's decision was illegal.The company'...Published: 20 Sep 2023 at 06:40hrs | | by Staff reporter
Mnangagwa reverses late Chidyausiku's 'errors'
The new Labour Law approved by President Emmerson Mnangagwa has made it tough for companies to undertake reckless and stage-managed retrenchments which place workers at the losing end as had become th...Published: 09 Aug 2023 at 08:09hrs | 8 | by Staff reporter
NUST retrenchments reversed
The National University of Science and Technology, has reversed staff retrenchments effected last month advising those affected to go back to work.Last month, Nust reportedly retrenched over 60 st...Published: 17 Jun 2023 at 17:51hrs | 1 | by Staff reporter
Bosses faint after retrenchment
CHAOS erupted at Mega Pak company in Ruwa when some managers fainted after receiving retrenchment letters on short notice.The packaging firm's subsidiary was said to be struggling with financi...Published: 13 Jun 2023 at 08:40hrs | 9 | by Staff reporter
No more job termination on 3 months notice
EMPLOYERS will no longer be able to terminate contracts of their permanent staff on three months notice after the National Assembly removed a clause in the Labour Act that conferred them powers to fir...Published: 03 Jun 2023 at 08:16hrs | | by Staff reporter
NUST retrenches workers
The National University of Science and Technology (NUST) has reportedly retrenched over 60 staff members.The "retrenched workers are reportedly non-academic, however, there are reports that mo...Published: 02 Jun 2023 at 18:16hrs | | by Staff reporter
ZB moves to lay off excess staff
ZB Financial Holdings Limited (ZBFHL) will be shedding some of its staff via a recently completed voluntary disengagement scheme, after reporting a rise in staffing costs of over 100% last year....Published: 30 May 2023 at 06:46hrs | | by Staff reporter
Council divided over Go Beer revival
Gweru City councillors have called on management to compile a report on the defunct Go Beer Breweries before the local authority entertains any plans of reclaiming the business.The brewery was...Published: 23 Apr 2023 at 07:52hrs | 1 | by Staff reporter
Mnangagwa's govt claims to have delivered 600 000 jobs
NEARLY 600 000 new formal jobs have been created in various sectors from 2018 to date, an indication that the formal economy is growing in tandem with increased economic activity, latest figures from ...Published: 15 Jan 2023 at 09:39hrs | | by Staff reporter
Zimbabwe business mulls night-shift, weekend operations
INDUSTRY representative bodies are considering adopting night and weekend shifts as a short-term strategy to mitigate the adverse impact of crippling power cuts while ensuring steady production....Published: 14 Dec 2022 at 06:31hrs | | by Staff reporter
Majaivana's love-hate relationship with Bulawayo
BULAWAYO is a subject that runs like a thread through Lovemore Majaivana's extensive catalogue of music.Perhaps, because he hails from the city, some might take it as given that Majaivana, wit...Published: 23 Oct 2022 at 09:15hrs | | by Staff reporter
Zupco on cusp of collapse
THE Zimbabwe Passenger Company (Zupco) is on the cusp of catastrophic collapse with simmering indications that private operators contracted to provide buses have since ditched the state-owned pu...Published: 07 Oct 2022 at 20:41hrs | 1 | by Staff reporter
Nedbank chops off 23 workers
Nedbank Zimbabwe Limited has retrenched 23 workers, including 10 managers, citing a shift in its strategic focus.The workers affected by the compulsory retrenchment exercise, which took effect...Published: 11 Aug 2022 at 06:42hrs | | by Staff reporter
Isn't it pure madness expecting the same govt that destroyed Zimbabwe to be entrusted with country's revival?
So, there are Zimbabweans exceedingly thrilled with the completion of the new parliament building, and the commissioning of a brand new capital, named Cyber-City, in Mt Hampden, several kilometers nor...Published: 30 Jul 2022 at 17:51hrs | 6 | by Tendai Ruben Mbofana
'Zimbabwe economic outlook grim'
ECONOMISTS have warned that Zimbabwe's economic outlook looks "dark" given the country's widening trade deficit following the government's suspension of customs duties on imported consumer goods....Published: 08 Jul 2022 at 07:36hrs | 6 | by Staff reporter
ZUPCO retrenches workers, as contractors pull out of franchise
GOVERNMENT transport operator ZUPCO's Masvingo depot is currently engaged in a retrenchment exercise as contractors continue to pull out of the franchise, it has emerged.The company which had ...Published: 29 Jun 2022 at 07:53hrs | 3 | by Staff reporter
Why Zimbabwe's de-dollarization route flopped
The Zimbabwean government has announced measures to promote the wider use of the domestic currency (The Zimbabwean Dollar) in a last-ditch effort to save it from the re-dollarization onslaught. Part o...Published: 08 Jun 2022 at 07:08hrs | 10 | by Victor Bhoroma
MSU's skewed retrenchment scheme backfires
Midlands State University (MSU) faces a massive staff exodus after implementing a skewed and controversial employee voluntary retrenchment scheme, which was unexpectedly oversubscribed leaving the ins...Published: 31 May 2022 at 12:38hrs | 5 | by Staff reporter
Zimbabwe's shutdowns not the best protest strategy
WORSENING economic conditions, coupled with growing unemployment as most Zimbabweans struggle to eke out a living in the informal sector are among the major reasons why this week's shutdown flopped....Published: 14 May 2022 at 19:42hrs | 8 | by Staff reporter
ILO to table findings on Zimbabwe mission
THE International Labour Organisation (ILO) will table a report on Zimbabwe at the International Labour Conference set for later this month in Geneva, Switzerland after its recent visit to the country...Published: 13 May 2022 at 19:08hrs | | by Staff reporter
GZU refutes corruption, nepotism claims
GREAT Zimbabwe University (GZU) has dismissed allegations of corruption and nepotism at the institution after workers alleged that over 50% of the university management staff were related.The ...Published: 21 Apr 2022 at 11:38hrs | 1 | by Staff reporter
Ally lifts lid on Tagwirei's business exploits
SOUTH AFRICA-BASED Zimbabwean anti-sanctions campaigner, Rutendo Matinyarare, has lifted the lid on how controversial Kudakwashe Tagwirei took risks to build his business empire from his retrenchment ...Published: 25 Mar 2022 at 06:07hrs | | by Staff reporter
Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 25 Mar 2022 at 05:54hrs | 1 | by Rutendo Bereza Matinyarare
NRZ lays off workers
THE National Railways of Zimbabwe (NRZ) has retrenched 20 workers citing a sharp increase in operational costs amid allegations of victimisation, NewsDay Business has learnt.Employees at the p...Published: 07 Mar 2022 at 05:34hrs | 6 | by Staff reporter
Even under ZANU PF urban local authorities boreholes will be the order of the day in our towns and cities!
It is now undeniable that Zimbabwe has been turned into a rural state - with most urban areas having been completely and cruelly ravaged, pillaged, and laid to waste by subsequent local authorities si...Published: 05 Mar 2022 at 15:43hrs | 5 | by Tendai Ruben Mbofana
Over 400 workers lose jobs to bank digitisation
AT least 321 bank workers were retrenched between 2020 and 2021 while a further 119 are set to be laid off this year as the sector embraces digital transformation, amid calls to retrain staff to take ...Published: 11 Feb 2022 at 16:46hrs | | by Staff reporter
'Salaries must revert to 2018 levels'
WITH the onset of the new year, there has been an increase in the demand by workers to be paid their salaries in hard currency. This has been prompted by the rapid fall in value of the Zimbabwe dollar...Published: 04 Feb 2022 at 21:31hrs | | by Staff reporter
Steward Bank retrenches workers
Steward Bank, Zimbabwe's largest bank by customer base, says it is reviewing its structures and operations to adapt to technological changes in a move that will see the institution rationalise its sta...Published: 02 Feb 2022 at 05:25hrs | 3 | by Staff reporter
58 'excess'NRZ guards spared the axe
THE National Railways of Zimbabwe (NRZ) board has revealed that 58 security officers, who graduated on Wednesday, were supposed to be retrenched by the rail company, but were thrown a lifeline after T...Published: 12 Dec 2021 at 19:24hrs | 9 | by Staff reporter
Policy incentives to reindustrialization lacking
Zimbabwe aspires to create an upper middle income economy with a Gross Domestic Product (GDP) of US$65 billion by 2030. This vision is premised on the reindustrialization strategy where competitivenes...Published: 24 Nov 2021 at 10:35hrs | 8 | by Victor Bhoroma
'NRZ has been on perennial decline mode'
THE National Railways of Zimbabwe (NRZ) says COVID–19-induced hard lockdowns and competition from the road transportation system will see total freight volumes dropping to 2,1 million tonnes this ye...Published: 21 Oct 2021 at 06:21hrs | | by Staff reporter
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