We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

President Cyril Ramaphosa has confirmed that the national minimum wage, which is expected to improve the wages of more than six-million workers currently earning below R20 an hour, will come into effect from January 1. The president made the announcement at a proclamation ceremony held with workers on Friday in Kliptown, Johannesburg. Two weeks ago, Business Day reported that the minimum wage act — which had been in the works since 2015 and was signed by Ramaphosa along with other three other labour bills — would be implemented at the beginning of January. Ramaphosa told attendees at the ceremony that the wage regime was a result of a lengthy and difficult process of formulating the legislation that involved “disagreements” and “strike threats”. He also repeated sentiments that the R20 an hour rate was not the ideal living wage anticipated as “there was a need to create a balance” taking into consideration the employment levels in the country. He emphasised that the regime was not a...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now