Zesa grants employees cushioning allowance as economy bites

  • Power utility says it will match allowances with inflation
  • Lowest paid employee to get ZWL2 000 allowance monthly

ZESA Holdings Thursday said it will grant its work force a cushioning allowance meant as relief from the negative effects of the hyperinflationary environment the country is going through.

According to management at the power utility, the cushioning allowance will match the rate at which the economy is deteriorating.

Zesa said it is currently seized with the processing of the hardship allowances, with management having already approved the amounts involved.

Head Corporate Affairs of Zesa Holdings, Rufaro Pasipanodya has already conveyed a communique to the secretary-general of the National Energy Workers Union of Zimbabwe (Newuz), Thomas Masvingwe, to that effect.

The least paid Zesa employee will get a cushioning allowance of ZWL2 000 while a Grade D2 will get ZWL3 625.

“I am pleased to advise that following further consultations, management has been mandated to process hardship allowances as per the attached schedule. The decision to give the cushioning allowance was made after a meeting with the National Employment Council for the energy sector,” Pasipanodya said.

The allowance for Zesa employees comes at a time civil servants, especially teachers, are demanding an interbank rate indexed salary increment.

Teachers have threatened to go on strike next week when schools open for the first term if their demands are not met.