NATIONAL NEWS - The South African Cabinet has approved draft legislation to introduce a minimum wage of R20 per hour from May next year, the Ministry of Labour said on Thursday.
Credit ratings agencies have said a minimum wage could help stabilise the labour market and reduce the number of costly strikes in Africa’s most industrialised economy.
Deputy President Cyril Ramaphosa said in February that the new minimum wage would come into force next year, and Cabinet’s decision brings its introduction one step closer.
The National Minimum Wage Bill must still be approved by South Africa’s Parliament before it becomes law, the ministry said in a statement.
The ministry said the new wage legislation, as well as bills on basic employment conditions and labour relations, would help address labour instability and wage inequality.
R20 an hour minimum wage approved
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Posted on: 15:11 Thu, 02 November 2017
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