Increasing the National Minimum Wage by 3,8% will reverberate negatively across all our developmental outcomes and act to plunge our economy into even deeper decline and possibly even higher job losses.
The Minister of Employment and Labour has gazetted a 3,8% increase for South Africa’s National Minimum Wage for 2020, to be instituted on 1 March 2020. The 3,8% is lower than the 5% recommended by the National Minimum Wage Commission. For a General Worker, currently on an R20 hourly rate, the 3,8% increases the hourly…
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