Deal or no deal?

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Labour federation Cosatu still wants a national minimum wage (NMW) that is fundamentally different from the deal hurriedly signed this week by all the other stakeholders – made up of labour, business, government and civil society – that were part of the torturous two-year negotiations.

For the record: Labour’s lead negotiator responds to this article

It did not pull out for purely procedural reasons, as both the presidency and Business Unity South Africa have suggested this week. Instead, City Press understands that Cosatu is deeply opposed to a handful of powerful caveats apparently inserted at the very last minute as the final draft got hammered out in the union buildings on Thursday night.” 

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