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Income gap widening

IT is sickening how the bigwigs in the financial services sector have gleefully joined politicians in the affluence bandwagon at the expense of the rank and file employees.
These days bank executives are given obscene salaries and perks including driving top-of-the-range vehicles which cost at least US$200 000 while their staff barely break even each month.

This problem applies across the board in Zimbabwe and not just in the financial services sector.

Do we need an incident akin to South Africa’s Marikana to get the remuneration we deserve?
The income disparity between management and employees is becoming too vast and will create a ticking time-bomb if it is not addressed.

If there is a bank which can dispute the accusations levelled in this letter, I would want them to prove me wrong.

Proud Blue,

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