Deputy President Cyril Ramaphosa says discussions at National Economic Development and Labour Council (Nedlac) are now focusing on the structure and the level at which a national minimum wage should be set.
He says if properly designed, the national minimum wage will stimulate economic growth because workers will have more money to spend on goods and services.
Ramaphosa says all parties at Nedlac agree that South Africa needs a national minimum wage.
“That was like a milestone event.”
Ramaphosa says the implementation of a national minimum wage will help address the wage inequality rooted in South Africa’s racist past.
“All social partners have committed themselves to conclude these deliberations as soon as possible and without any delay.”
Ramaphosa says it’s crucial that implementation of a national minimum wage is properly enforced.
Many employers currently don’t abide by sectoral wage agreements.