Chinese businessman attacks Zim's labour laws, investment policies

A Chinhoyi-based Chinese businessperson has lashed out at Zimbabwe's "restrictive labour laws and prohibitive investment policies," describing them as a major bottleneck to the country's bid to attract foreign investment.

Yang Zhimeng, manager of ZIM-China Wanjin Agricultural Development Company, in an exclusive interview at the weekend said that although Zimbabwe was endowed with natural resources and good weather, its harsh "labour laws" chased away potential investors.

He said Zimbabwe's labour laws largely disadvantage the employer, adding Chinese investors were generally against government determining minimum wages.