Banks in Zimbabwe cut 1,000 jobs last year, eliminating one post out of every six in the southern African country’s banking industry, a union official said. ZB Bank Ltd. eliminated 500 positions, while Steward Bank Ltd. and AfrAsia both trimmed 83, said Shepard Ngandu, assistant secretary general of the Zimbabwe Banks and Allied Workers Union. … Continue reading
Unemployment in Zimbabwe is on the rise as businesses close or downsize. In Harare alone, 711 companies shut down in 24 months. via Multimedia Video: Zimbabwes unemployment crisis – Mail & Guardian.
There have been debates and comments in the past weeks on whether it is possible to create a million jobs in Zimbabwe over the next five years. Many economists and analysts interviewed by the various media say it is a dream. In other words, it is impossible. When Marconi told people that he was developing … Continue reading
The Zimbabwe National Statistics Agency (ZIMSTAT) says that Zimbabwe’s unemployment rate is 10.7%. Such a statistic will no doubt upset those who pretty much fancy using 80% or so as a benchmark. ZIMSTAT came up to this figure this way via its director-general Mr Mutasa Dzinotizei: Unemployment is defined as all persons above a specified age, who … Continue reading
THE Zimbabwe National Statistics Agency (Zimstat) yesterday revealed that the country’s unemployment rate was at 10,7 percent contrary to some figures some organisations have been using. Addressing participants during the 2011 Labour Force and Child Labour Survey dissemination workshop in Bulawayo yesterday, Zimstat director-general Mr Mutasa Dzinotizei said reports that Zimbabwe has an unemployment rate … Continue reading
THE government announced recently that it does not have the capacity to hire and remunerate 2,000 state registered nurses who were issued with their diplomas in 2010 and 2011. This assertion, which amounts to an acceptance by the government that it is abdicating its duties, is in bad taste especially in view of the fact … Continue reading