Economy Wage Deal

Building Societies' Lowest-Paid Workers Secure US$660 Wage Deal

The Commercial Workers Union of Zimbabwe secured a new Collective Bargaining Agreement that sets the lowest-paid employees in the building societies sector at US$660. The deal, reached with the National Commercial Employers Association of Zimbabwe, marks a significant wage floor increase. The agreement tests whether dollarized salary benchmarks can hold against inflationary pressures in the broader economy.

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