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*Finance Minister Urges Pvt Sector Companies To Increase Workers' Salaries* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?zm Finance Minister, Professor Mthuli Ncube, yesterday challenged companies in the private sector to follow the government’s example by raising salaries for their employees in order to keep them going. Speaking during a Daily News organised Business Breakfast Forum held in the capital, Ncube said: ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > I am sure there are a few civil servants in here who are saying after the introduction of the Zimbabwe dollar, what about our salaries? We are going to deal with that in the next week or so. We are going to make an announcement in terms of a cushioning allowance for civil servants and, industry please can you follow suit and do the same for your employees. > What we are noticing is that you (private sector) are making these fantastic profits but you are not looking after the workers; you are looking after the shareholders only: Look after your employees as well, increase their wages so that they are able to deal with inflation pressures. Ncube also indicated that Treasury has already calculated a percentage it intends to increase with the salaries of civil servants. He added that Treasury was only waiting for the outcome of negotiations between the government and workers. Currency reforms since February have resulted in retailers increasing prices of their commodities for prices to be commensurate with the value of the shedding local currency. Inflation eroded workers’ salaries resulting in some of them writing to their employers indicating that they were no longer able to fulfil their contract obligations due to economic hardships. More: Daily News itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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