Thursday, June 18, 2026
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ZUFIAW wants immediate restructuring of management at NATSAVE for blatant failure

Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) has called on Government to immediately restructure management at NATSAVE for blatant failure to properly manage the institution.

In a statement yesterday, ZUFIAW General Secretary Mr. Chingati Msiska regretted that despite the Union and management having concluded negotiations for the 2017 Collective Agreement, management however is refusing to sign the document claiming they need to get prior approval from the Permanent Secretary in the Ministry of Finance.

He advised management that the document be signed and effected as soon as possible in order to avoid industrial unrest.

According to the law, management gets mandate prior to negotiations such that when they reach an agreement on the bargaining unit table, it is binding to both parties.

“We request the Ministry of Finance to restructure and fire the entire NATSAVE management which has clearly failed the workers and other stakeholders”.

“The government must take keen interest in the failed management and management wrangles at the institution,” said Mr. Msiska.

The General Secretary has also called for the immediate resignation of NATSAVE Legal Counsel as well as Head of Human Resource for misguiding the institution.

And Mr. Msiska has appealed to Zambia Federation of Employers (ZFE) to educate their members on procedures of negotiations to avoid unnecessary chaos.

Meanwhile, Mr. Msiska has called on unionized members at the institution who have rejected the old salary payment for June in preference to the adjusted one, to remain calm until the matter is resolved.

The General Secretary has further demanded the immediate removal of police officers who have camped at NATSAVE offices to vacate the premises for workers are law-abiding citizens.

“I call on unionized members at the institution who have rejected the old salary payment for June in preference to the adjusted one, to remain calm until the matter is resolved” Msiska said

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