GCP workers want provisional liquidation

Workers at Glue and Chemical Products Private Limited (GCP), manufactures and distributors of detergents and industrial and consumer adhesives, have applied for a High Court order to place the ailing company under provisional liquidation amidst fears they could be prejudiced in the long run.

Led by committee chair person David Nzero, employees insisted on the winding up of GCP, formerly Henkel Incorporated Zimbabwe Private Limited, on the basis that the manufacturer was unable to pay its liabilities — it was just and equitable to protect the interests of creditors.

“The respondent (GCP) has not been able to pay workers full salary in terms of collective bargaining agreements since the country introduced the multicurrency system in February 2009,” Nzero wrote in an affidavit submitted before the high court.

This story is for NewsDay subscribers.