Zimbabwe: ZCTU Blames Monetary and Fiscal Policies for Company Closures

The Zimbabwe Congress of Trade of Unions (ZCTU) has blamed misdirected Fiscal and Monetary Policy initiatives for accelerated company closures on the back of calls for authorities to avert the crises.

The calls come on the back of companies such as regional retailer Choppies Enterprise Limited (Choppies) and British multinational professional services and fast-moving consumer goods firms, PricewaterhouseCoopers International Limited and Unilever plc indicating the intention to close down…