15% pay rise for agric industry

15% pay rise for agric industry     Zimbabwe Commercial Farmers’ Union The Chronicle 29/11/2018 Oliver Kazunga, Senior Business Reporter THE National Employment Council for the Agricultural industry of Zimbabwe says workers in the sector have received a 15 percent minimum wage adjustment with the lowest paid farm worker earning $121 per month effective November …

ICSID Annulment Committee Confirms Award Against Zimbabwe

ICSID Annulment Committee Confirms Award Against Zimbabwe   28.11.2018 I. OVERVIEW AND SHORT SUMMARY 1. On 21 November 2018, an Annulment Committee constituted under the ICSID Convention dismissed Zimbabwe’s application to annul the award of US$195 million issued against it on 28 July 2015 in the case of Bernhard von Pezold and Others v Zimbabwe, …

Anchor wage talks on 10pc inflation: RBZ

Anchor wage talks on 10pc inflation: RBZ     Reserve Bank of Zimbabwe (RBZ) The Herald 27/11/2018 Africa Moyo recently in NYANGA The Reserve Bank of Zimbabwe (RBZ) says employers and labour unions should anchor any wage negotiations for next year on the projected 10 percent year-on-year inflation. This emerged during the 6th annual collective …

$53 million set aside for white farmers compensation

$53 million set aside for white farmers compensation     The Chronicle 24/11/2018 Mashudu Netsianda, Senior Reporter THE Government is working on compensating white former commercial farmers whose land was acquired under the land reform programme since 2000 with a budget of $53 million having been set aside to speed up the process. The Minister of …