More than 300 employees have lost jobs across the sector, with at least 25 branches having permanently shut down since 2019. Zimbabwe has become highly informal, leaving the formal employment rate at just 5%, making it difficult for workers who lose jobs to be absorbed in other sectors of the...
Zimbabwe has become highly informal, leaving the formal employment rate at just 5%, making it difficult for workers who lose jobs to be absorbed in other sectors of the economy. The job losses are worsened by the shrinking of the financial services sector amid changes ushered in by a technolog...
Historically, females and males have had different jobs and experiences in almost every society. Everywhere in the world, the workplace is segregated by sex. Gender occupational segregation is one reason why women are not found in significant numbers at the apex of organizations. Notwithstanding the...
AS the world embraces blockchain technology, there have been mixed reactions to cryptocurrency in Zimbabwe, with Reserve Bank of Zimbabwe senior officials particulalrly viewing it with suspicion. However, there are those who say blockchain technology is the way to go. A High Court judge this yea...
Ecobank also took an innovative approach to reskilling staff that had lost their jobs; for example, Ecobank partnered with Uber to train 1,500 laid off drivers as Uber drivers. The bank appointed a new pro...
Thus, the loss of traditional jobs is an impact of technological innovation. With technological advancement, a change in skills demands is expected, with an emphasis on skills such as data analysis, software development, digital marketing, and social media. Finally, the work concludes that human ...