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*Workers Accuse Banks Of Exploiting Customers And Paying Slave Wages* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ku The Zimbabwe Banks and Allied Workers Union (Zibawu) has accused financial institutions of exploiting workers through low wages. The workers also accused the institutions of ripping off clients through high bank charges. Speaking to New Zimbabwe, Zimbabwe Congress of Trade Unions (ZCTU) president Peter Mutasa said, > Banks are making super profits yet we are hearing that NMB has recorded a 155 percent increase in profits for the half year, CBZ charging up to 15 percent interest rates. Many workers are losing homes, assets and properties because of banks. > Why is it that banks are making money when everyone else is struggling? We are fighting for the workers because banks are not increasing salaries. It’s been five years and no salary increase in most banks and in those five years, they have been making money. Tomorrow (Friday) we will be demonstrating at the People’s Own Savings Bank (POSB) headquarters. More: New Zimbabwe ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- 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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