Close This website uses modern features that are not supported by your browser. Click here for more information.
Please upgrade to a modern browser to view this website properly. Google Chrome Mozilla Firefox Opera Safari
your legal news hub
Sub Menu
Search

Search

Filter
Filter
Filter
A A A

National minimum wage from 1 January

Publish date: 10 December 2018
Issue Number: 803
Diary: IBA Legalbrief Africa
Category: South Africa

President Cyril Ramaphosa has confirmed that the national minimum wage will come into effect from 1 January. BusinessLIVE reports Ramaphosa made the announcement at a proclamation ceremony held with workers on Friday in Kliptown, Johannesburg. Ramaphosa told attendees at the ceremony that the wage regime was a result of a lengthy and difficult process of formulating the legislation that involved ‘disagreements’ and ‘strike threats’. He also repeated sentiments that the R20 an hour rate was not the ideal living wage anticipated as ‘there was a need to create a balance’ taking into consideration the employment levels in the country. He emphasised that the regime was not a ‘living wage’ as expected by some quarters. ‘There are workers still earning R7 and hour and less and this legislation will make a big difference in their lives,’ he said. Reaction to the announcement was swift. According to a Fin24 report, Business Unity SA CEO Tanya Cohen said ratings agencies wanted to see a stable labour market in SA, and the minimum wage – together with new provisions in the Labour Relations Act – was credit positive.

Full Fin24 report

Full BusinessLIVE report

We use cookies to give you a personalised experience that suits your online behaviour on our websites. Otherwise, you may click here to learn more, or learn how to block or disable cookies. Disabling cookies might cause you to experience difficulties on our website as some functionality relies on cookie information. You can change your mind at any time by visiting “Cookie Preferences”. Any personal data about you will be used as described in our Privacy Policy.