Bloomberg reports that labour federation Cosatu said on Monday that Finance Minister Pravin Gordhan’s statements that the government was close to announcing a series of reforms to the labor market were premature.
Gordhan said in an interview with London’s Financial Times published on Sunday that the reforms would be “on the minimum wage, on balloting before strikes, on compulsory arbitration, so that strikes don’t last for ever.” Cosatu president Sdumo Dlamini said negotiations on the minimum wage were at a “delicate stage”, while talks on other labor reforms, including pre-strike balloting, were “nowhere near closure”. In an interview with Bloomberg on 30 June, Dlamini commented that ratings companies never spoke in the interest of workers and contributed to delays in agreements on issues like a national minimum wage,
- Read this report by Sam Mkokeli and Amogelang Mbatha in full at Business Report
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