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BusinessLive reports that Business Unity SA (Busa) says it will "closely interrogate" the Nedlac advisory panel’s report on the proposed new national minimum wage.
"We will need to consult diligently with members to understand the potential impact of the recommendation on different sectors and types of businesses," the business umbrella body said on Tuesday. It added: "We need to closely interrogate the report in relation to the wage and employment trade-off. In studying the report, Busa will carefully consider our shared interests as a country in addressing poverty, and inequality, without compromising employment given tough economic conditions." The release of the report, which proposes a monthly minimum wage of R3,500, has elicited a mixed reaction.
- Read this report by Genevieve Quintal in full at BusinessLive
Get other news reports at the SA Labour News home page