It will be touch and go as to whether the package of labour stability reforms, which includes a national minimum wage, will be concluded by the national economic development & labour council (Nedlac) in time to influence SA’s upcoming sovereign rating reviews.Horse trading between the social partners — business, government, labour and the community — is likely to go down to the wire, with compromises required from all sides.On Saturday, at a lengthy Nedlac committee of principals meeting, broad agreement was achieved on most of the technical task team’s labour relations stability documents, including on a new code of good practice.The aim of the code is to try shift behaviour by setting out guidelines on acceptable conduct during collective bargaining, industrial action and picketing. Though the code is not binding, it can’t be ignored without good reason.The code is bolstered by an accord, which is a declaration by the social partners against violence and damage to life and propert...

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