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Zimbabwe has launched gold coins for sale to the public in a bid to tame runaway inflation that is further eroding the country’s volatile currency. Key points: Zimbabwe’s inflation hit 5 billion percent in 2008 Trust in the currency is low Coins can be used for in-store purchases The unprecedented move was announced Monday by the country’s central bank, the Reserve Bank of Zimbabwe, to boost confidence in the local currency. Confidence in Zimbabwe’s currency was low after people saw their savings erased by hyperinflation in 2008 that reached 5 billion percent, according to the International Monetary Fund (IMF). With strong memories of disastrous inflation, many Zimbabweans today prefer to scramble in the illegal market for scarce US dollars to keep at home as savings or for day-to-day transactions. And confidence in the Zimbabwean currency is already so low that many retailers don’t accept it. The central bank disbursed 2,000 coins to commercial banks on Mo...

“In almost every case, the request [to return to the office] would be a lawful request, provided that returning to work does not involve any illegality outside the scope of the employment contract,” Wakefield said. More than 94 per cent of Australians over the age of 12 have now had at least two doses of the COVID-19 vaccine, and with COVID-19 restrictions currently minimal, a return to work request would “likely make sense”. “Increasingly, as society adapts [to the virus] the less likely it is that an employee will be able to unreasonably debate the direction to return to work.” Employment and industrial law attorney Ian Neil SC “You’re going to need more than general anxiety about catching COVID-19 or the flu … you’re probably going to need some pretty extreme exceptions,” Wakefield said. Therefore, employees who refuse an employer’s directive to return to the office could potentially expose themselves to disciplinary action. While emplo...

The Netherlands will be one of the first countries to make working from home a legal right. The Dutch parliament approved legislation that would allow employees to work from home on Tuesday, and the Senate is now poised to approve the bill. Currently, employers in the Netherlands can refuse a request to work from home without giving a reason – but under the new law, they will be forced to consider the request carefully and say why they refused the request. During the pandemic, the Netherlands enforced work from home guidelines due to the soaring Covid-19 infection. This has sparked a shift in attitudes about working from the office, with many workers wanting to have flexibility in where they work. The Netherlands will be one of the first countries to make working from home a legal right (file image) The law marks an “important step” for workers, Senna Maatoug of the GroenLinks party and one of the bill’s authors, said on Tuesday. He added: ‘Due to th...