Zimbabwe: Reserve Bank Retrenches 1455 Workers

AT least 1 455 Reserve Bank of Zimbabwe employees, representing 75 percent of the staff, will leave the institution today in the single largest retrenchment undertaken in this country since independence.
  • Zimbabwe:   1455 Leave Reserve Bank Today

    The Herald, 28 January 2011

    AT least 1 455 Reserve Bank of Zimbabwe employees, representing 75 percent of the staff, will leave the institution today in the single largest retrenchment undertaken in this… Read more »

  • Zimbabwe:   Retrenchment Not End of Life - Gono

    The Herald, 31 January 2011

    THE Reserve Bank of Zimbabwe yesterday saw off 1 455 people who had been at the institution in a development that marks the beginning of a new era at the central bank. RBZ Governor… Read more »

  • Zimbabwe:   More Than 1,400 Workers Laid Off At Central Bank

    SW Radio, 28 January 2011

    The state run Herald newspaper reported Friday that the Reserve Bank of Zimbabwe (RBZ) had laid off three-quarters of its workforce, in a move to cut costs. The report comes on the… Read more »

  • Zimbabwe:   Broke Central Bank to Retire 1,600 Workers

    Nation, 7 December 2010

    Zimbabwe's central bank will lay off 1,600 workers at the end of this month as it battles with huge debts from projects it was forced to embark on to prop up President Robert… Read more »

  • Zimbabwe:   Reserve Bank to Lay Off 1600 During Restructuring

    The Herald, 7 December 2010

    THE Reserve Bank of Zimbabwe will lay off at least 1 600 employees in a restructuring exercise that will result in the central bank concentrating on its core mandate as a monetary… Read more »

  • Zimbabwe:   RBZ Workers to Lose Jobs in Shake-Up

    SW Radio, 30 August 2010

    The Finance Miniser Tendai Biti says up to 2,200 workers at the Reserve Bank of Zimbabwe will lose their jobs as part of plans to cut its expenditure and get it functioning… Read more »

  • Zimbabwe:   'RBZ Must Retrench'

    Zimbabwe Independent, 20 August 2010

    THE Reserve Bank of Zimbabwe board has ordered the central bank to cut - with or without packages - three quarters of its staff to match its scaled down operations and avoid a… Read more »

  • Zimbabwe:   Struggling Banks Axe More Than 1,000 Workers

    Zimbabwe Independent, 15 July 2010

    MORE than 1 000 workers in the banking sector were retrenched in the past year, a union representing banking employees said. Read more »

  • Zimbabwe:   Central Bank in Trouble

    Zimbabwe Independent, 14 January 2010

    THE house that central bank governor Gideon Gono built over the past six years is tottering on the brink of collapse, weighed down by under-funding, a protracted labour dispute and… Read more »

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