Bank Workers Threaten To Strike, Demand 60% Salary Increase

Bank employees have issued a two week ultimatum and have threatened to strike if they do not get a 60% salary increase. The workers, represented by the Zimbabwe Banks and Allied Workers Union (Zibawu) have already rejected a 3,46% increase.

In a letter dated May 18 and seen by NewsDay, Zibawu secretary general Peter Mutasa said the workers will embark on sit ins or demonstrate if they do not get a 60% upward salary review. The letter, which was addressed to the Bankers Employers Association of Zimbabwe (BEAZ) chairman, Victor Kwezera.

At least 3 700 non-managerial workers such as messengers, tellers, customer service officers, loan officers and exchange control clerks among others are set to embark on industrial action.  BEAZ chairman acknowledged receiving the letter and said he was consulting the Bankers Association of Zimbabwe.