Zimbabwean Finance Minister Biti Says Labor Laws Need Revision to Reflect Reality
The state-controlled Herald newspaper quoted Finance Minister Tendai Biti as saying existing labor laws do not reflect the reality of the economy
Zimbabwean Finance Minister Tendai Biti was quoted in the state-controlled Herald newspaper on Tuesday as saying national labor laws must be reviewed urgently to make sure they are in step with economic realities.
The Herald quoted Biti as saying existing laws do not reflect the reality of the economy, and put businesses in a precarious position because it is difficult for them to lay off workers, so many as a result go bankrupt.
Economist Godfrey Kanyenze of the Labor and Economic Development Institute of Zimbabwe, an arm of the Zimbabwe Congress of Trade Unions, said any revisions should not disadvantage workers.