Harare - The Zimbabwe Bank and Allied Workers Union (Zibawu) on Wednesday accused the country’s central bank of lax monitoring platforms, saying it is directly responsible for bank collapses that have hit Zimbabwe's economy.
Peter Mutasa, secretary general of the bank workers' union, said up to US$3m in workers' salaries is trapped in the closed banks.
He said most depositors with the collapsed banks were employees who had lost their earnings and savings for a period of more than six months prior to the closure of the respective banks.