We live on hope and that’s no strategy
Next year is an election year in South Africa and the minimum wage is under its annual review. The state is proposing the consumer price index (CPI) plus 3% (effectively 9% in toto) while the business lobby would prefer a minimum wage increase equalling the CPI (5.5% in November).
The minimum wage is currently R25.42 (1.27 euro) per hour; since 2021 it has incrementally increased
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