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Labrish
Nyuuz
PDM targets a three-month financial recovery after staff retrenchments
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[QUOTE="Munyaradzi Mafaro, post: 47105, member: 636"] The Popular Democratic Movement faces serious money problems after losing parliamentary seats last year. The party must cut nearly 40 workers from its payroll within the next month. PDM Secretary General Manuel Ngaringombe says the party needs three months to fix its finances. The group lost its position as the main opposition party after poor election results. State funding dropped sharply when PDM went from 16 seats to just five seats. Nineteen regional workers will keep their jobs but earn less money each month. These coordinators previously earned about 5,000 Namibian dollars monthly. Sixteen other staff members will lose their jobs completely on July 15. The party sent out termination letters on June 15 to affected workers. Most of the fired employees worked on voter outreach and party organizing. Political parties receive government money based on their election performance and parliament representation. Last year all parties shared 181 million Namibian dollars from the national budget. PDM once employed 49 people when it held more seats. The party admits it performed badly during recent elections. Leaders plan new strategies for November regional and local races. Ngaringombe promises to restore full pay once finances improve. The party may create different work agreements for affected coordinators. PDM might partner with other opposition groups for upcoming elections. Candidate selection begins next month for the November contests. The party has no income sources beyond government funding tied to parliamentary seats. [/QUOTE]
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Nyuuz
PDM targets a three-month financial recovery after staff retrenchments
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