NEC rates of pay for the Mining Industry Oct – Dec 2022

Kamativi-Mining-Company-KMC

The National Employment Council (NEC) for the Mining Industry has published the new minimum rates of pay for grades 1-13 were agreed upon in dual currency (US Dollars & ZW Dollars) by the Associated Mine Workers Union of Zimbabwe and the Chamber of Mines of Zimbabwe, on 22 November 2022.

RATES OF PAY

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 October 2022 to 31 December 2022 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, Clause 6 (Exemptions, Variations and Savings).

Nonforeign 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.

See Also
Caledonia Mining Corporation's Blanket Mine

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.

GET RATES OF PAY HERE

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