Tag: unemployment

‘Go and herd cattle,’ Mugabe, 93, tells unemployed Zim youth

‘Go and herd cattle,’ Mugabe, 93, tells unemployed Zim youth

Masvingo – Zimbabwean President Robert Mugabe, 93, on Friday told unemployed youths to “go and herd cattle” in the rural areas amid a critical shortage of jobs in the southern African country. During his election campaign of the 2013 polls, Mugabe promised Zimbabweans that his government would create more than 2.2 […]

Govt to fire 70pct of NRZ workers

Govt to fire 70pct of NRZ workers

The government plans to cull National Railways of Zimbabwe (NRZ)’s work force by up to 70 percent citing poor business environment and the parastatal’s low capacity utilisation. Transport and Infrastructural Development Minister Joram Gumbo told a conference to discuss the ZimAsset economic blueprint at the weekend that NRZ presently employs […]

Platinum mines plot mass retrenchments

Platinum mines plot mass retrenchments

Platinum mines plot mass retrenchments: SOUTH African-owned and other mining groups in Zimbabwe will lay off employees to rationalise costs in the next few months, despite platinum, gold and nickel registering growth during the first quarter of the current year. Anglo Platinum’s Unki Mine, Impala Platinum’s Zimplats, Sibanye Gold, whose […]

Unemployment causes decrease in govt revenue

Unemployment causes decrease in govt revenue: GOVERNMENT revenue for the first quarter of 2016 has declined due to the decrease in the number of formally employed people and the decline in domestic firms’ profitability, statistics compiled by the Zimbabwe Economic Policy Analysis and Research Unit (Zeparu) have shown. According to […]