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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-16-04 07:35 PM
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Labour trouble brewing in Zambia
Zambia's labour movement has declared February 18 a day of national protest against the government's decision to increase taxes and freeze salaries of the more than 120 000 public service workers.

Presenting his K8,3-trillion (about $17-billion) national Budget on February 6, Finance Minister Ng'andu Magande said the government had decided to increase pay-as-you-earn tax to up to 40% and impose a wage freeze to "help the economy recover".

This has come as a shock to workers. Just a week earlier, in a pre-Budget interview on national television, Magande had assured he would not increase taxes. However, when he presented the Budget in Parliament he went back on his word. He said the government had no option but to get back on track with the Poverty Reduction Growth Facility by June. This, he said, would enable the World Bank and the International monetary Fund (IMF) to loan Zambia K2,8-trillion (about $6-billion).

http://www.mg.co.za/Content/l3.asp?ao=31265

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Editor MandG
Matthew Buckland,

Do you think your title is bias? Why not 'Capitalist employers/politicians force Labour protest'!


Labour trouble brewing in Zambia
http://www.mg.co.za/Content/l3.asp?ao=31265

editoronline@mg.co.za

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