earningsTimesLive reports that a new report titled "A National Minimum Wage for South Africa", released on Monday at Wits University indicates that a minimum wage of about R5,000 a month could be just what SA needs to boost its economy.  

Researcher Gilad Isaacs has suggested a minimum wage of R4,500 to R5,500 a month.  He argues that South Africa would benefit from a national minimum wage and that the economy would be stimulated by the increased buying power.  But his proposal is well above what business owners have proposed and some other economists worry that it is too high and will cause job losses.  Business leaders have called for the wage to be set at R1,800.  The ANC has said it intends to introduce a national minimum wage this year.


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