Zimbabwe: Pay us in Hard Currency or we Strike, Workers Warn

by E Wayne Ross on January 26, 2009

Zimbabwe Independent: Pay us in Hard Currency or we Strike, Workers Warn

AS the Zimbabwe dollar continues to lose value due to hyperinflation and the near dollarisation of the economy, labour unions are pushing for employees to be paid in hard currency.

Paying workers in hard currency, unions and labour analysts say, will cushion them from spiralling prices of goods and services because foreign currency is not susceptible to high inflation like the local dollar.