News

Conference 2024

Welcome to the 26th Bi-Annual Conference Information Page! Dear Delegates, We are thrilled to welcome you to the central hub for essential information regarding our upcoming conference. Here, you’ll discover vital resources to optimize your participation and maximize your learning experience. Dive into the details below to access key materials: Download the Conference Program:Gain insights […]

Absa Bank Gets it Right

Absa Bank Zambia Announces 14.8% Salary Increment for Unionized Staff The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW), Bankers Union of Zambia (BUZ) and Absa Bank Zambia PLC have concluded the 2024 salary negotiations at the rate of 14.8% salary increment for all its unionized staff members of staff. The parties announced the […]

PSPF Unionised Workers get Payment Increment

PSPF and ZUFIAW SIGNS The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) is pleased to announce the successful negotiation and signing of a full Collective Agreement with the Public Service Pensions Fund (PSPF) today, February 7, 2024. This milestone reflects our ongoing commitment to advocating for the rights and welfare of our unionized […]

BANK OF ZAMBIA UPWARD REVISION OF THE STATUTORY RESERVE RATIO

PRESS STATEMENT BANK OF ZAMBIA UPWARD REVISION OF THE STATUTORY RESERVE RATIO Tuesday, December 19, 2023 The Bank of Zambia (BoZ) recently announced an upward adjustment of the reserve ratio by 2.5 percentage points from 14.5%, ultimately increasing the reserve ratio to 17%. This measure is aimed at controlling inflation and promoting financial stability. It […]

SPEECH BY THE ZUFIAW ACTING GENERAL SECRETARY AT LASF SIGNING CEREMONY, 5TH DECEMBER 2023

THE MANAGING DIRECTOR SENIOR MANAGEMENT THE CONCILIATOR AND DELEGATION LEADERS UNION OFFICIALS INVITED GUESTS LADIES AND GENTLEMEN On behalf of the entire Union leadership, allow me to express my pleasure at being here and to be a part of this very important occasion. Today marks an important step in the journey towards ensuring fair and […]