ZCTU statement on fiscal policy review

The Zimbabwe Congress of Trade Unions (ZCTU) is seriously concerned with negative effect of the 2019 Mid-Term Fiscal Policy Review and Supplementary Budget Statement presented by the Finance and Economic Development Minister Mthuli Ncube on 1 August 2019. The supplementary budget, instead of giving hard pressed Zimbabweans some room to breathe, proposes a host of tarrif hikes that will further improverish Zimbabweans. In particular increases such as ZESA tarrifs by over 273%; tollgates fees by 500%, Public service Vehicle Operations’ licences; Route Authorisation fees and ZINARA services will simply mean that these costs will be passed on to consumers. Read more in the PDF below