Finance minister Professor Mthuli Ncube is, this Monday, expected to meet heads of civil service unions as government workers continue to demand US-dollar salaries to cushion against runaway inflation and a collapsing local currency.
Apparently, civil servants are not happy with their current condition of service and have been threatening to down tools.
Meanwhile, their recent call for a two day strike flopped as many fear victimisation.
Presenting his Supplementary budget in Parliament few days ago, Ncube expressed government’s commitment to address the concerns raised by its workers.
And inflation in Zimbabwe has remained high with calls by economists for the country to dump its unstable local currency.
According to renowned economist Steve Hanke Zimbabwe’s inflation is one of the highest in the world.
“Today, I measure Zim’s inflation at a stunning 595%/yr. Zimbabwe needs to mothball the Reserve Bank and put it in a museum,” he said recently.
Zwnews
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