Treasury director-general Dondo Mogajane argued in parliament on March 8 that “we are nowhere near Greece” and claimed that the public sector wage bill would not be cut, only its growth slowed (“SA’s latest budget is not one of austerity, says Treasury (https://www.businesslive.co.za/bd/national/2020-03-08-sas-latest-budget-is-not-one-of-austerity-says-treasury/)”, March 8).

He said the 2020 budget means the compensation of employees will still be growing, by 1.5%, 4.5% and 4.4% a year over the next three years. This deserves further information before parliament goes to a vote on the 2020 national budget...

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.