“Cabinet resolved that the government employs the Mutual Savings Fund and that it be established by March 2020, that government will immediately provide a lumpsum injection of $100 million from the budget to facilitate the expedited establishment of this fund,” Minister of Finance Professor Mthuli Ncube announced.
“A 2.5% of the total remuneration (will) be deducted from every government employee in consultation with the Public Service Commission (PSC).”
This is a regime whose greed knows no bounds! The overwhelming majority of these civil servant’s wages are already below the bread line. Teachers, nurses and doctors, these are better paid than the cleaners and general labourers, have been complaining that they wages do no cover their basic needs; a situation made a lot worse by the country’s hyperinflation.
Given the hyperinflation there will be a scrum to borrow as much as possible as early as possible and pay back as late as possible when the money has lost its value. No doubt the chefs will be ahead of the queue and the poor worker at the bottom of the packing order will get a wheelbarrow full of worthless money!
When government established NSSA many people feared that government was insisting on running the pension scheme for no other reason than to milk the cow. That is exactly what has happened, millions of dollars have been wasted in ill advised investments or looted.
To make matters worse, hyperinflation has eroded the value of the pensions most retired workers receive from NSSA. It is not worth one’s while to travel 20 km plus, queue at the bank for a day, only find the pension is not enough to pay for bus fee back home!
“What we had done so far, is we had solved the pension issue. When they retire, they have a pension so that is ok,” boasted Minister Ncube oblivious of the countless scandals at NSSA and the sheer injustice of being paid a fraction of the true value of one’s original contribution.
“They have needs now and they are borrowing from loan sharks at a very high interest rate and we want to solve that problem.” Yeah right!
Government is not saving the civil servants from the loan sharks, it is getting in on the act!
A group of ex-civil servants most of whom are war veterans on Wednesday stormed New Government Complex seeking Finance Minister Mthuli Ncube's audience to discuss their welfare upon realising their former employer was in contravention of their contracts.
ReplyDeleteIn terms of the contracts, ex-uniformed forces are entitled to two thirds of their exit salary every month as benefits.
In case of reviews, the same applies for them. Information gathered also shows the ex-civil servants were irked by the fact that they were not given cushioning allowances in January.
Anti-riot police swiftly intervened with the coordination of Treasury staff who convened a meeting for dialogue – successfully calming the nerves of the disgruntled grouping.
Given the country’s hyperinflation the regular review of their benefits is now a must!
Coventry registered her concerns via her micro-blogging twitter handle;
ReplyDelete"We all know that the stadiums in Zimbabwe have been deteriorating for ages but it is now my responsibility to make sure we fix this mess. Overnight solutions will not work but know that I am on it. I will keep you posted so don't listen to other nonsense out there," read her tweet.
You are the one who is talking nonsense! You have been minister of youth, sport and culture for nearly two years now are you telling us you did not know of the mess until now?
For your information Zimbabwe’s health care has all but completely collapse, even big hospitals like Parerenyatwa and Mpilo Hospital are running out of basic things thing painkillers, rural hospitals and clinics will be in a real sorry state. We would rather have working hospitals than manicured football fields!
We all know why you, Professor Mthuli Ncube and others accepted to work with this illegitimate Zanu PF dictatorship, knowing fully well the regime rigged the 2018 elections - greed. Please do as one big favour, enjoy your high office and shut your trap!
Zimbabwe’s mess can only be fixed by ending the curse of rigged elections which sell-outs like you are helping perpetuate by pretending Zimbabwe is a democracy!