Finance minister Mthuli Ncube has now said there would be no mass layoffs of public sector workers because government has no money to bankroll retrenchment packages.He said government will now conside...
By Staff reporter | Published: 01 December 2018
A workers' representative body comprising retrenched workers from the 2015 landmark Supreme Court ruling that terminated thousands of employment contracts has revisited this ruling, hoping for a redre...
By Staff reporter | Published: 11 July 2018
Over 500 civil servants who were retrenched at the beginning of this year are crying foul after government paid them less than they had expected.In April, government moved to reduce the national wage ...
By Staff reporter | Published: 27 June 2018
EDGARS Stores Limited has retrenched 90 workers from its Bulawayo branch citing a tough business operating environment.A senior director at the company, Mrs Linda Masterson, confirmed the development ...
By Staff reporter | Published: 27 June 2018
AUTO Tyres Zimbabwe has retrenched its entire staff after efforts to recapitalise the company, which stopped operations in 2016, failed, The Financial Gazette reported.A notice seen by The Financial G...
By Staff reporter | Published: 17 May 2018
Thousands of workers whose contracts were arbitrarily terminated on notice pursuant to the infamous Zuva Petroleum judgment of July 2015 will now be paid damages for loss of employment.The highest cou...
By Staff reporter | Published: 29 March 2018
THE Government's plan to facilitate the re-opening of Auto Tyres Zimbabwe (ATZ), formerly Dunlop, in the first quarter of this year has hit a snag after workers were issued with retrenchment letters l...
By Staff reporter | Published: 08 January 2018
ZIMBABWE Stock Exchange listed miner, RioZim, has refuted reports it intends to retrench scores of workers at its recently acquired Dalny Mine saying that it had infact employed new people it the once...
By Staff reporter | Published: 08 January 2018
SHOE manufacturing company Bata has embarked on a voluntary retrenchment exercise targeting its top managers as it moves to streamline its staff in line with production.According to a letter seen by S...
By Staff reporter | Published: 03 December 2017
BATA Shoe Company in Gweru has reportedly offered employees a voluntary retirement scheme (VRS) as part of efforts to cut labour costs, Southern Eye has learnt.The company is also offering bonuses to ...
By Staff reporter | Published: 28 November 2017
Multi-national food and drink company, Nestle Zimbabwe, has embarked on a retrenchment exercise, as part of the company's "business optimisation activities".The exercise, which was voluntary, saw more...
By Staff reporter | Published: 19 September 2017
FAST moving consumer goods manufacturer, Olivine Industries, which recently laid off nearly a third of its employees, has temporarily rescinded the plan after workers opposed the move and now seeks to...
By Staff reporter | Published: 07 September 2017
Government is creating a database of thousands of workers affected by the 2015 retrenchments, with a view to offer them loans to start income generating projects, Public Service, Labour and Social Wel...
By Staff reporter | Published: 28 August 2017
Sacked Air Zimbabwe (AirZim) workers have rejected the parastatal's retrenchment package, saying it had been imposed on them in violation of the Labour Act.The Daily News on Sunday can exclusively re...
By Staff reporter | Published: 28 August 2017
THE Civil Service Commission has frozen the rationalisation exercise in the public service that sought to reduce the Government wage bill, it has emerged.CSC chairperson Dr Mariyawanda Nzuwa yesterday...
By Staff reporter | Published: 08 August 2017
NEARLY 1 300 workers have been retrenched from various sectors of the economy in the second quarter of 2017 with parastatals accounting for more than 60% of those laid off, bringing the number of thos...
By Staff reporter | Published: 04 August 2017
Chitungwiza Municipality has resorted to targeting workers who are experiencing health problems and those nearing retirement in its efforts to right-size the organisation.The local authority is in the...
By Staff reporter | Published: 01 August 2017
EIGHT companies registered their agreements to lay-off workers with the Retrenchment Board earlier this month, affecting at least 160 employees, businessdigest reported.This adds to the 817 workers w...
By Staff reporter | Published: 21 July 2017
Close to 40 former Zimasco (Pvt) Ltd employees in Mutorashanga face eviction from company premises after their ex-employer reneged on a pledge to sell the houses to them.The ex-employees recently accu...
By Staff reporter | Published: 17 July 2017
Air Zimbabwe (Airzim) has, with immediate effect, retrenched 200 workers as part of its ongoing restructuring exercise to bring the national airline back to viability.Out of 28 managers, only 12 were ...
By Staff reporter | Published: 12 July 2017
Beverages manufacturer Mutare Bottling Company (MBC) has retrenched 61 employees.Managing director Allen Lang said MBC was cutting back on staff at the main plant and at its Rusape depot as it stream...
By Staff reporter | Published: 06 July 2017
Zimbabwe's largest platinum producer, Zimplats, is set to retrench 25 managers as part of the company's cost-containment measures in the face of declining international metal prices and a challenging ...
By Staff reporter | Published: 21 June 2015
FAST-FOODS group Innscor Africa has informed its workforce that it would be retrenching its warehouse, distribution and administration section employees in Bulawayo citing viability challenges.The ret...
By Staff reporter | Published: 22 July 2014
More retrenchments are looming at PG Industries as the group seeks to turn around its fortune after sinking deeper into the red, posting a $11,3 million loss for the year ended December 2013.The group...
By Staff reporter | Published: 02 June 2014
Hwange Colliery Company Limited has denied that it retrenched its workforce that took the company for arbitration seeking to recover severance packages amounting to more than $1,2 million. About 16 wo...
By Staff reporter | Published: 13 May 2014
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
