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Zimbabwe :see The Number Of Job Looses In A Month by Nnaeb(m): 7:11pm On Aug 16, 2015 |
Zimbabwe has lost 20,000 jobs in the last month after a court ruled that companies can fire workers by giving them three months’ notice, the main labour union said on Sunday. Businesses in the southern African country, which has a jobless rate of more than 80 per cent, are struggling with electricity shortages, high finance, labour costs and cheap imports. The challenges have seen many firms fail to pay wages or forced to shut. The latest wave of job losses are leading to renewed anger against President Robert Mugabe’s government, which promised 2 million jobs after winning the last elections in 2013. Japhet Moyo, secretary general of the main Zimbabwe Congress of Trade Unions, said a July 17 Supreme Court ruling had opened a floodgate for dismissals. Instead of the cumbersome and expensive process of paying severance packages, businesses now only have to give workers three months’ notice to terminate their employment. see more: http://jobtrends.com.ng/zimbabwe-job-losses-hit-20000-in-month-union/ |
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