Business / Economy
Slash high salaries says Khaya-Moyo
24 Oct 2016 at 01:17hrs | Views
Minister of Policy Coordination and Promotion of Socio-Economic Ventures in the President's Office Simon Khaya Moyo has suggested workers across the board are paid too much salaries and they should be slashed.
According to Khaya-Moyo workers are paid 10 times more than those in the region.
He said Zimbabwe pays minimum wages of $275 to $300, Malawi offers $30, Mozambique $120, Botswana $93 and Zambia $100.
He said the wage structure was driving away potential investors.
"It is obvious that using this criterion of minimum wages, investors will not invest in Zimbabwe,".
According to Khaya-Moyo workers are paid 10 times more than those in the region.
He said the wage structure was driving away potential investors.
"It is obvious that using this criterion of minimum wages, investors will not invest in Zimbabwe,".
Source - Byo24News
