Report puts a number on possible national minimum wage
The figure will be made known on Sunday for discussion and acceptance, before ways of implementing it are decided on
A report which finally puts a figure to a possible national minimum wage is set to be tabled at a meeting of social partners on Sunday, in what Deputy President Cyril Ramaphosa described as an “exciting moment”. Speaking on the sidelines of the Federation of Unions of SA (Fedusa) conference on Friday, Ramaphosa said the “magical figure” that everyone has been waiting for is due to be discussed over the weekend, taking SA one step closer to the implementation of a national minimum wage. Ramaphosa told journalists it was an exciting moment for all partners and an indication of “meaningful progress”. Labour stability is a key focus for ratings agencies, which are in the country to review SA's credit rating. Issues such as the national minimum wage, strike balloting and putting an end to lengthy and violent strikes are at the centre of discussions between partners in the labour market. Ramaphosa said partners in the National Economic Development and Labour Council (Nedlac) will meet on ...
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