On fin24.com

Finweek English Edition - - THE WEEK -

The trade unions rep­re­sented at the Na­tional Eco­nomic Devel­op­ment and Labour Coun­cil (Ned­lac) may be close to reach­ing an agreed po­si­tion on a na­tional min­i­mum wage, which could re­sult in a na­tional min­i­mum wage be­ing es­tab­lished within months. Gov­ern­ment has in­di­cated that a monthly wage of just over R3 000 would be ac­cept­able, roughly in line with the man­dated po­si­tion of the Fed­er­a­tion of Unions. Cosatu is press­ing for R4 500, but of­fi­cials have hinted that this could drop to R3 700. The Na­tional Coun­cil of Trade Unions wants min­i­mum wages on a re­gional or even sec­toral ba­sis.

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