By Own Correspondent- Nyaradzo Funeral Assurance Company has reviewed their monthly premiums upwards by 100 per cent as the value of the local currency continues to tumble on the parallel market.

Nyaradzo Funeral Assurance Company sent a notice to its policyholders notifying them that it had raised its monthly premiums.

Read the notice:

Dear Policy Holder

In order to preserve the value of funeral policy benefits, monthly premium will be reviewed to RTGs $55.28 effective 1 June 2019.

Addressing workers on May Day in Harare, Zimbabwe Congress of Trade Unions (ZCTU) president Peter Mutasa said that workers have nowhere to turn to after the government abandoned them.

Said Mutasa:

“Government and business look at the workers as their escape route. Now that business is falling on the sword of austerity and neo-liberal economics, they are cushioning themselves without increasing salaries.

The government also just wakes up, increases taxes and forgets about the welfare of the workers, yet we have nowhere to turn to.”