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Labour calls for cap on salaries of high earners

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(iStock)
(iStock)

Cape Town - Labour unions have asked President Jacob Zuma to make good on a promise to cap the salaries of high income earners, accusing business of not cooperating with them to improve economic conditions.

In their written submission to a meeting of the presidential working group on labour at the Union Buildings on Tuesday, trade union representatives said: “We need to revisit the notion of a package to raise the incomes of those at the bottom, combined with a freeze on the salaries of high income earners.”

They said a new wage policy should address the wage inequality in the economy.

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