Civil servants US$75 Covid-19 allowance: RBZ MPC member Eddie Cross spills beans on broke Zim govt

The Zimbabwean government’s move to pay its workers US dollar-denominated allowances as the southern African country struggles to stabilise its local currency has been described as “crazy” by an economist and member of the central bank’s monetary polic…

The Zimbabwean government’s move to pay its workers US dollar-denominated allowances as the southern African country struggles to stabilise its local currency has been described as “crazy” by an economist and member of the central bank’s monetary policy committee. Fin24 previously reported that President Emmerson Mnangagwa’s administration had hiked civil servants’ salaries in local currency […]