Govt must get serious on TNF

ON Wednesday this week, business and labour turned over a new leaf, signing a memorandum of agreement to set up a bipartite social contract, the first time it has happened in the history of industrial relations in Zimbabwe.

In a country faced with major socio-economic crises as Zimbabwe is, this is a positive development that means two key pillars of the economy are putting their heads together to find ways of resolving challenges in ways that do not only help grow the national cake, but guarantee certain returns for the workers as well.

This development is timeous given the challenges the country is facing, which include an acute foreign currency shortage, currency distortions as a result of a depreciating Zimbabwe dollar, power outages of up to 18 hours daily and increasing levels of poverty.

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