currency conversionfuel allowanceairtime allowancebackpayUSD to ZWL conversionSI 33 of 2019
Tags
currency conversionemployment benefitsarbitration award
legislation
Statutes Cited
Presidential Powers (Temporary Measures) Amendment of Reserve Bank of Zimbabwe Act and Issue of Real Time Gross Settlement Electronic Dollars (RTGS Dollars) Regulations
Finance (No.2) Act
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether the arbitrator erred in using 1:1 conversion rate from USD to ZWL for backpay calculation","issue_type":"law","dispositive":"no","related_facts":"Employment terminated before SI 33 effective date; award issued after effective date"}
{"issue_text":"Whether fuel and airtime allowances should be included as part of backpay","issue_type":"law","dispositive":"yes","related_facts":"Allowances provided unconditionally monthly; arbitrator excluded them from award"}
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background
Facts of the Case
Background
Appellant challenged an arbitration award that converted his USD-denominated employment benefits to ZWL at 1:1 rate and excluded fuel and airtime allowances from the compensation.
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