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Follow on WhatsAppZESA Holdings is preparing to lay off hundreds of employees as part of a major restructuring exercise, with some workers already notified that their jobs are at risk.
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Read E-PaperThe restructuring programme, which has received Cabinet approval, seeks to consolidate electricity generation, transmission and distribution into a single, streamlined structure to improve efficiency and strengthen the power utility’s financial position.
Energy Minister July Moyo said ZESA would mobilise its own resources to meet the costs of the exercise, including compensation for workers affected by the changes.
“Some employees had opted for voluntary separation, while others had reached retirement age. Those earmarked for retrenchment would receive their benefits in line with provisions of the Labour Act,” said Minister Moyo.
The exercise will also target surplus positions through retirement and retrenchments, with ZESA expected to finance the process using internally generated funds.
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