Zim Now Writer
Zimbabwe’s banking sector has approved a 10% wage increase for employees in 2025, with the lowest-paid worker set to earn US$709 per month, while the highest-paid employee will receive US$1,284.
According to a collective bargaining agreement dated February 3, 2025, employers are required to pay 73% of salaries in US dollars. However, those unable to meet this threshold may apply for an exemption from the National Employment Council (NEC) for the Banking Undertaking Zimbabwe.
The wage adjustment also includes increases in housing and transport allowances.
Additionally, the agreement resolves outstanding salary disputes from the second, third, and fourth quarters of 2024, bringing closure to previous negotiations.
Zim Now WriterThe Zimbabwe School Examinations Council is facing a backlash from transporters who were contracted to distribute 2024 examination papers across the country. Despite promises of prompt..
ZimbabwePhilemon JambayaZim Now EditorZimbabwe's gold mining sector is poised for a record-breaking year, with output expected to reach 40 tonnes in 2025. This optimistic forecast is driven by new investmen..
ZimbabweNyashadzashe NdoroChief ReporterMutare city officials have expressed interest in partnering with Geo Pomona, a leading waste management company in the region, to address the city's waste management ..
Zimbabwe
Leave Comments