Imara warns against USD salary hikes

FUND managers Imara Asset Management (Imara) say the government must not cave in to demands to restore USD wages to September 2018 RTGS$ levels as this will fuel inflationary headwinds.

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In an investment note published recently, Imara chief executive John Legat said the rising prices are resulting in higher wage demands not just from the public sector unions but also within the private

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