ABSA unionised employees receive a ZMW 2600 salary increase across the board, among other benefits. Other increased benefits are; Rural Hardship K650Canteen K300IT/ATM K4,400 FuneralStaff K13,000Spouse K11,000Child K10, 000

MEMORANDA OF RAMIFICATION OF BILL, N.A.B. NO. 21 OF 2022 TO THE COMMITTEE ON NATIONAL ECONOMY, TRADE AND LABOUR MATTERS Introduction The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) is a Trade Union that represents and protect workers interests and rights in the financial sector and financial related institutions with membership drawn from […]

KEY ISSUES FROM THE BUDGET PRESENTATION BY THE HON MINISTER OF FINANCE – ZUFIAW 5th October 2022 On Friday, September 30, 2022, the Hon. Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, presented a K167 billion national budget for the year 2023 with the theme “Stimulating Economic Growth for Improved Livelihoods”. The Zambia Union […]

ZUFIAW CALLS FOR JUSTICE FOR ABUSED YUNDAR INVESTMENTS EMPLOYEES 26th August 2022 The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) has called for Justice in the case involving two Chinese nationals who are Directors at Yundar Investments Limited situated in Lusaka’s Chinika industrial area for unlawfully detaining and beating two workers at the […]

MAINTAINING MPR AT 9% SHALL BOOST ECONOMIC ACTIVITIES IN THE COUNTRY- ZUFIAW 24th August 2022 The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) has noted that the decision to maintain the Monetary Policy Rate at 9% shall boost economic activities in the Country. The General Secretary of the Union Mr. KASAPO SUNDREA KABENDE […]

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ZUFIAW WELCOMES THE LICENSING OF MOBILE MONEY BOOTHS 11th August 2022             The General Secretary of the Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) Mr. KASAPO SUNDREA KABENDE has welcomed Government’s move to issue trading licenses to mobile money booths operators. “This move by Government is timely and will bring sanity to the industry, […]

ZUFIAW CAUTIONS GOVERNMENT TO ENSURE THAT ZAMBIA DERIVES MAXIMUM BENEFITS FROM THE NEWLY LAUNCHED NICKEL MINE 2nd August, 2022 The Zambia Union of Financial Institutions and Allied Workers ZUFIAW General Secretary Mr. Kasapo Sundrea Kabende has congratulated the new dawn Government and First Quantum Mine on the launch of the biggest Nickel Mine in Africa […]

JULY 18, 2022. The General Secretary of the Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) Mr. Kasapo Sundrea Kabende has applauded the new dawn government for honouring their promise to create jobs. This follows the CONFIRMATION and subsequent publication of the 30, 496 teachers who will be deployed in all the 10 provinces […]