Today's Labour News

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earningsBL Premium reports that MPs heading to parliament can look forward to an annual salary of R1.27m or over R100,000 a month. The previous annual salary for MPs was R1.24m.  

President Cyril Ramaphosa has gazetted the salary increases for public office bearers for 2023/24 and 2024/25. An increase of 2.5% across the board has been approved, significantly lower than the 5.1% forecast by the Reserve Bank for 2024. The deputy president will earn R3.164m, ministers R2.69m and deputy ministers R2.2m. The gazette does not deal with Ramaphosa’s salary, which is more than R4m. The speaker of the National Assembly and the chair of the National Council of Provinces (NCOP) will each earn R3.164m. The leader of the main opposition party will get R1.748m and the head of a minority party R1.507m. Premiers will earn R2.53m, members of executive councils R2.215m and members of provincial legislatures R1.23m. The MPs will be sworn in at the first sitting of the assembly, the date of which has yet to be gazetted. At the first sitting the president will be elected. The lists of members designated to the nine provincial legislatures will be handed to the designated judges president who will preside over the first sittings of the respective legislatures. The list of new members to be delegated to the NCOP will be determined at the first sitting of each provincial legislature.

  • Read the full original of the report in the above regard by Linda Ensor at BusinessLive (subscriber access only)
  • Read too, Ramaphosa approves salary hikes for ministers, MPs and premiers, at BusinessTech

Get other news reports at the SA Labour News home page