The ANC has pledged to investigate the introduction of a national minimum wage “as one of the key mechanisms to reduce income inequality”, but the proposal has been greeted with caution in business and political circles. Commentators argue that there is a distinct possibility that setting such a minimum wage will cut jobs, rather than create “decent jobs”. While President Jacob Zuma gave the first indication that the ANC was toying with such an idea in his January 8 statement, which took the...
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