Zimbabwean workers drown in debt

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MOST Zimbabwean workers have now been reduced to bad debtors and are struggling to service their debts ranging from utility bills to accounts with retail stores and bank loans, among other obligations, as their employers pay salaries and wages late due to the economic crisis.

NQOBANI NDLOVU
STAFF REPORTER

Zimbabwe Congress of Trade Unions (ZCTU) southern region chairperson Reason Ngwenya said hardly a month passes by without them receiving floods of complaints from employees over late pay or failure to pay salaries and wages by companies.

Ngwenya said creditors and loan sharks were grabbing properties from defaulters, adding that the majority of workers had been pushed into deep poverty as a result of failure to get their salaries on time or half salaries in some cases.

The Insurance and Pensions Commission (IPEC) recently said companies were also not remitting pension contributions for employees despite deducting contributions from salaries.

“The reports we get from employees over late payment are too many to count. Once we get the complaints, we make follow-ups to force the employers to pay their workers. It is our duty to ensure that the worker’s welfare is protected at all costs,” Ngwenya said.

Civil servants have not been spared as the government has for months been forced to postpone pay dates due to the harsh liquidity crunch facing the country.

Social commentator Sibusiswe Ndlovu warned employees against buying goods on credit saying protests are the only solution to push companies to take the welfare of their workers seriously and pay salaries.

Ndlovu said if workers remain silent, employers get the impression that employees have other means of survival.

“My limited view on the issue is that no one at this time must rely on their job to meet their accounts, loans, credit or mortgages obligations. While protests may not bring an immediate solution, they may help the public to express their anger and call the government to action for their circumstances,” said Ndlovu.

Clever Bere, an analyst, noted that while it was true that the economy is teetering on the brink of collapse, companies must be innovative enough to tap onto the millions circulating in the informal sector to ensure they do not only survive, but pay salaries on time.

Bere said the government should come up with clear policies that attract foreign direct investment.

“To achieve economic stability, our politics must be sorted first. We have so many policy discords in government and this is significantly affecting foreign direct investment. I think the indigenisation law in its current state has done more harm than good to the country,” he said.

7 COMMENTS

  1. vanoti vanomirira vashandi vakaenda pamakambani acho vopiwa chiwoko muhomwe zvekumirira vashandi tsvee. vasati nyepere. ini ndishandira company hombe ye transport muzimbabwe takedza kutaura kuti tipiwe mashares sezvaita delta zvikakona nanhasi hapana zviri kufamba. matsotsi vamiriri vedu ava

  2. We are being killed slowly,If check with Zinwa as lm writing workers are receiving on 20% of bonus of 2013,This 2014 its now the 5th month with no salaries and yu expect people to survive.Where is the responsible people to help these workers.

  3. “Clever Bere, an analyst, noted that while it was true that the economy is teetering on the brink of collapse, companies must be innovative enough to tap onto the millions circulating in the informal sector to ensure they do not only survive, but pay salaries on time”.

    What cheap analysis Mr Bere!

    Get real

  4. Newsday Editor with your crude and biased insicerity articles together with your ZANU PF government have destroyed our beloved Zimbabwe…..your paper writes negative articles especially of the MDC T and its leader Tsvangirai….. Zanu PF government are the chief culprits who driven the economy into an abyss of which to arise will require three generations…..check, the ugly teeth of poverty is tearing apart the very essence of a nation, unemployment,poor health and education….our lives are held at ransom by a past-thinking mindset not able to engage with todays’ solutions…..for example, what new ideas will Dzikamai Mavhaire bring to revive ZESA?….the truth is we are herding to a fiasco……to cut it short, the frightening thing about all these conflicts is your paper hate MDC T and its leadership like demented hyena…..MDC T and Tsvangira is not on the driving seat….with this kind of bias, indeed it is going to be a very long time of despair till we hold another disputed election in this country….

  5. When we say there is lawlessness in this country , people find it hard to believe. Your government, I emphasis “YOUR” government not mine cause I did not choose it, stands by whilst companies violet employee contracts of employment and no one is called in to account.

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