Africa-Press – Zimbabwe. Harare City Council and its employees are on a collision course over the payment of foreign currency incentives.
City of Harare employees are arguing that they also need a cushion but Human Resources Committee chairperson, Councillor Kudzai Kadzombe, said they cannot access foreign currency. H-Metro quoted Kadzombe as saying:
We have made efforts to approach relevant authorities to allow CoH to charge embassies and other institutions, which have easy access to foreign currency, in forex. However, our efforts have been fruitless.
We are faced with an impossible situation that, if not attended to, may result in a massive brain drain.
We are appealing to the relevant authorities to allow us to charge in foreign currency to those who can pay it so that we can try and manage this situation.
We want to keep our workers, who are currently not happy at all, as Government workers are getting a USD incentive.
According to the Zimbabwe National Statistics Agency (ZIMSTAT), the United States dollar has progressively become the dominant currency in domestic transactions, with USD usage now over 75% of the economy.
The Zimbabwe dollar has been losing value since its re-introduction in 2019, with the majority of service providers, including the government, demanding payment in foreign currency.
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