for subscribers

Minimum wage could be on cards in 2016 - Oliphant

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

Johannesburg - The National Economic Development and Labour Council's (Nedlac's) consideration of the modalities of the introduction of a national minimum wage could be completed next year, Labour Minister Mildred Oliphant said on Wednesday.

Addressing Cosatu delegates at the labour federation’s 12th national congress in Midrand, Oliphant said Nedlac discussions on the matter were progressing well, with Cosatu taking the lead. “What is left now is the (national minimum wage) figure,” Oliphant said.

Ahead of the 2014 national general elections, the African National Congress called for the national minimum wage as a measure to, among others, reduce the income inequality in the country and ensure a living wage for all workers.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.44
(+0.16)
ZAR/GBP
22.74
(+0.41)
ZAR/EUR
20.57
(-0.18)
ZAR/AUD
12.50
(-0.01)
ZAR/JPY
0.16
(+0.59)
Gold
1914.72
(+0.48)
Silver
25.45
(+2.51)
Platinum
928.99
(+0.92)
Brent Crude
44.46
(-1.09)
Palladium
2134.99
(+2.60)
All Share
57417.28
(+0.44)
Top 40
53126.54
(+0.56)
Financial 15
10139.85
(-0.74)
Industrial 25
76210.18
(+0.91)
Resource 10
58992.57
(+0.54)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 976 votes
It depends on how the funds are used.
74% - 6476 votes
No. We should have gotten the loan elsewhere.
15% - 1344 votes
Vote