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*WATCH: Finance Minister Mthuli Ncube Speaks On Multi-currency, Exchange Rate, Workers' Salaries* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?da Finance and Economic Development Minister, Professor Mthuli Ncube has said the multi-currency system is here to stay while the interbank exchange rate will continue to be fine-tuned. He made the remarks at a press conference held in Harare at the backdrop of rising inflation and workers’ protests over poor salaries and working conditions. *Some of the points mentioned:* > 1). Fuel – the minister said the government has reduced levies on fuel to prevent the price of fuel from breaching the US$2 per litre mark. Government has removed levy on diesel and dropped the petrol levy to 4.7c. “This action prevented the price of fuel from breaching the US$2/L level” > 2). Health sector remuneration – Ncube said a number of allowances, including on-call, COVID-19, have been reviewed upwards to improve their welfare. > 3). For teachers – on top of a 100% increase in salary from July, performance awards have been restored effective July, payment of school fees for 3 biological children -treasury ready to disburse amount for the first term. > 4). Fuel, maize and bread prices – interventions were unveiled to stabilise prices. > 5). We’re still assessing whether we need a supplimentary budget or not. > 6). We won’t institute price controls. Watch the video below for more: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- *More: Pindula News is best enjoyed via the App. Download it here* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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