This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

[TOP STORY] Cosatu welcomes proposed increase to minimum wage, but still not a survivable income

Loading player...

‘The current minimum wage is about R25.42 an hour. If the minister does agree to the CPI plus 3%, that should take it to about R27.50, so that's a significant improvement. But given the levels of inflation and the cost of living, you're still going to be in deep poverty,’ says Matthew Parks, parliamentary coordinator for Cosatu.

11 Dec 2023 5AM English South Africa Business News · Politics

Other recent episodes

[TOP STORY] Business mobilises security support ahead of anti-foreigner protests

‘The idea is not for the private sector to replace the state. It's just to augment the capacity of the state in the most appropriate way,’ says Anton du Plessis, CEO of Business Against Crime South Africa.

29 Jun 5AM 8 min

Joburg power standoff heads for the courts

Business rallies behind the SAPS as anti-foreigner demonstrations loom. Contractors urged to lock down construction sites ahead of shutdown. And why your will could be the most important document you’ll ever sign.

29 Jun 3AM 34 min

[TOP STORY] DA majority in Joburg within reach, but hinges on voter turnout

‘Its whole campaign is really fundamentally focused on getting people who are already in the DA bubble to get out and vote, rather than winning new voters,’ says political consultant, Gareth van Onselen.

26 Jun 5AM 8 min

One of SA’s rarest wartime treasures heads to auction

DA within reach of outright Joburg majority, says pollster. How sustainable are medical schemes if costs keep outpacing contributions? And the missing link in the Northern Cape's growth story.

26 Jun 3AM 31 min

[TOP STORY] Business welcomes Sachs appointment as reform momentum builds

‘He'll no doubt be able to use his authority, given his proximity to the president, and the influence that he'll be able to bring to bear with regard to economic policy in the months ahead,’ says Martin Kingston, CEO, Business for South Africa.

25 Jun 4AM 7 min

All episodes