The government is forging ahead with plans to trim the unsustainable public sector wage bill, a stance likely to put it on a collision course with its labour allies.

The public servants’ salary bill is one of the biggest threats to SA’s finances and successful efforts in slashing it are vital for the country to stave off a rating downgrade from Moody’s Investors Service, the only agency still ranking government debt on investment grade.

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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