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 […]

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 […]

Today, ZUFIAW Women stands alongside the Gender Division, formerly known as the Ministry of Gender, and various stakeholders in the nationwide launch of the 16 Days of Activism Against Gender-Based Violence. Operating as a Division under the Office of the President, the Gender Division holds the vital role of coordinating and monitoring the effective implementation […]

Introduction: The Industrial and Labour Relations Act (ILRA) in Zambia provides the legal framework for the relationship between employers and trade unions and their responsibilities towards each other and their employees. Section 63 to 65 of the ILRA outlines the duty of employers and trade unions to enter into a recognition agreement, which formalizes their […]

Dear Members and Partners,As we come together to celebrate Zambia’s 59th Independence Day, we take great pride in the strides this nation has made on its journey towards progress and prosperity. At ZUFIAW, our main goal is to create value for others, and today, we celebrate the value of freedom, unity, and resilience that has […]

Process of legal strikes and lock outs in Zambia: A Historical and Contemporary Perspective. Introduction: The historical relationship between the State and the Labour Movement in Zambia, particularly during the period 1969 to 1991, was one based on suspicion, antagonism and therefore acrimony. The most notable feature of this relationship was the unhealthy industrial relations […]

Yesterday, ZUFIAW officially signed the ZPPA ( Zambia Public Procurement Authority) collective bargaining agreement for 2023. You can watch the General Secretary Mr Kasapo Sundrea Kabende’s remarks and get additional information on this link: https://youtu.be/eheG2-kZ1UA?si=gNy3JixHV_lW5Y7_ Present at the signing ceremony also was the ZPPA Director General Ms. Idah Chella.