Zesa hit with $100m backpay bill

ZESA Holdings is set to folk out more than $100 million in employees’ backpay following an arbitrator’s ruling yesterday.

The impasse over salaries between Zesa Holdings and its employees started sometime in 2012 when the energy utility company allegedly refused to offer its employees’ wages based on Statutory Instrument 50/12 which came about as a result of collective bargaining between the power utility firm and the Zimbabwe Energy Workers’ Union (ZEWU) and the National Energy Workers’ Union of Zimbabwe (NEWUZ).

The Statutory Instrument spelt out that the least paid worker in the energy industry, grade A11, would be paid a basic salary of $275 per month.

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