It is distressing that the final steps towards legislating a minimum wage — this country’s most important labour law since the labour relations framework was designed in the ’90s — seem to have gone awry at the last minute. While much of business at first balked at the idea, there is now consensus that a minimum wage of R20 an hour will be good for society and will lessen inequality. It is estimated that 6-million people could have their earnings lifted. And, says organised business, if the exemption process works well — which unfortunately is not a given — then job losses will be mitigated. Business’s arrival at this point and the arrival of organised labour at a point at which the R20 rate was considered acceptable as a start came at the end of a torturous process of negotiation. At the end of two-and-a-half years, the National Economic Development and Labour Chamber (Nedlac) produced a report in which each decision had been negotiated. In other words, the report was the product o...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.