Mining industry rates of pay January – December 2023
This notice serves to bring to your attention that the following new minimum rates of pay for grades 1-13 were agreed upon and pegged in US Dollars by the Associated Mine Workers Union of Zimbabwe and the Chamber of Mines of Zimbabwe, on the 13th of March 2023 and will be subsequently sent to the Ministry of Labour and Social Services for Registration and Publication.
RATES OF PAY FOR THE PERIOD 1 JANUARY 2023 TO 31 DECEMBER 2023
The Principal Agreement Statutory Instrument 152 of 1990 is amended by the deletion of Clause 1 (a) and 1 (b) of Schedule E and the substitution of: –
“1 (a) Subject to the provisions of paragraph 1 (b) the basic minimum earnings payable to employees for the period 1 January 2023 to 31 December 2023 shall be as per the attached Schedules.
This Agreement is subject to review in terms of section 3 (2) of Statutory Instrument 152 of 1990, based on the prevailing economic situation in the Mining Industry.
The agreement carries an Exemption Clause as stipulated in the Principal Agreement, Statutory Instrument 152 of 1990, Clau5e 6 (Exemptions, Variations and Savings). Non-foreign currency generating companies, upon being granted an exemption, may be allowed to pay the full US dollar amount in ZW dollars equivalent using the official Reserve Bank of Zimbabwe (RBZ) auction rate.
Those employers who are able to pay more than the N.E.C. minimums are encouraged to do so.
All increases shall be based on the dollar value principle.