Fin24 reports that the national minimum wage (NMW), including for domestic and farm workers, will be been hiked by 8.5% to R27.58 an hour from 1 March.
This is more than three percentage points above the latest annual consumer price inflation rate, which reached 5.1% in December. For those who work eight hours a day for 20 days a month, the new NMW equals a monthly payment of around R4,413. Workers employed on an expanded public works programme will be entitled to a minimum wage of R15.16 per hour. In a statement, Cosatu said the above-inflation hike would provide relief to more than six million workers. "Workers in the agricultural, domestic, construction, retail, hospitality, transport, security, and cleaning sectors will benefit the most," the labour federation pointed out.
- Read the full original of the report in the above regard compiled by Helena Wasserman at Fin24
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