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*Banking Sector Workers Push For Fresh Wage Negotiations* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?jb Workers in the banking sector have resolved to renegotiate the just concluded Collective Bargaining Agreement (CBA) saying rising inflation has already eroded the wages. Under the latest CBA signed on 5 April 2022, banking sector employers agreed to increase salaries by 60.7%. ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- The least paid worker in the banking sector will take home ZW$90 000 per month, up from ZW$26 112. The highest-paid worker in grade DP V will now be taking home ZW$142 822, up from ZW$41 438. However, Zimbabwe Banks and Allied Workers Union (ZIBAWU) secretary-general, Peter Mutasa, said the wages have to be renegotiated as rising inflation has wiped out their value. Said Mutasa: > We are deeply worried that the workers are the only losers now in the labour market. The continued bargaining based on RTGS isn’t sustainable anymore. > Soon after signing a collective agreement, inflation and exchange rate losses wiped all the gains and workers are back, if not worse than they were. > For the banking sector, we have no choice, we have to drag employers back to the negotiations table again. > Our agreement is clear that either party can call for negotiations anytime. > We believe it was unfortunate that before workers earned the new salaries, inflation and exchange rate losses have made these salaries nugatory. *More: NewZimbabwe.com* 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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