HARARARE – Zimbabwe’s Reserve Bank has no current capacity to pay retrenched workers due to liquidity challenges, governor Gideon Gono has said. Last year, the Central Bank retrenched 1 450 employees as part of cost-cutting measures. The retrenchment exercise followed the institution’s discontinuation of quasi-fiscal activities it had engaged in at the height of Zimbabwe’s…
To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions