Unemployment rate worsens

Retrenching of workers has once again hit workers of the Dairibord Holdings in Bulawayo and Mutare, hence pushing up unemployment rate which is already high. The company stopped production at its Bulawayo and Mutare plants as the group rationalises operations to increase profit margins, last week. Dairiboard Company is not the first company to close its operations in Bulawayo. Last year in November, Zimpharm Private Limited reportedly withheld salaries for 37 workers at its Bulawayo branch for the past two months to force them to accept voluntary exit packages. Latter on the Company relocated to Harare. Closing of Dairiboard Holdings comes at a time when Bulawayo has recorded over 90 company closures since the 2008 hyper-inflationary period. Companies are closing day by day in Bulawayo and leaving workers destitute. Where is the future of this city?