Zimbabwe Banks and Allied Workers Union (Zibawu)

  • Business Briefs

    Bank workers reject 349% salary hike offer

    THE Zimbabwe Banks and Allied Workers Union (Zibawu) says it has rejected a wage increase of about 350% tabled by employers during ongoing negotiations. According to Zibawu, the minimum wage in the sector is currently $5 800 per month. The proposed increase would see the least paid worker grossing $26 000, according to the union. “From where we stand, this…

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  • Business Briefs

    Labour union accuses Stanbic Bank of ‘wage theft’ and ‘slave wages’

    STANBIC Bank Zimbabwe is facing its toughest moments in many years, after a key union approached the financial institution’s South African headquartered parent, Standard Bank Group, raising a stink over ‘wage theft’ and ‘slave wages’ at the Harare operation. So deep has been the standoff that multiple letters have been dispatched to the South Africa Society of Bank Officials and…

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