Ramaphosa challenged to live on R3 500

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Deputy President Cyril Ramaphosa has been challenged to live on R3 500 per month to see how little the new proposed National Minimum Wage (NMW) is.

Ramaphosa, in his role as chairperson of the committee of principals of the National Economic Development Council (Nedlac), announced on Sunday the findings of the NMW report, which proposed a NMW of R3500 per month or R20 per hour.

Ramaphosa got support from his party, the African National Congress. Spokesperson Zizi Kodwa said in a statement on Sunday that the recommendations “are sound, credible and clearly supported by clear evidence, including technical submissions made by organised business, organized labour, government and community constituencies”.

Source: Fin24

Read the full story here: http://www.fin24.com/Economy/ramaphosa-challenged-to-live-on-r3-500-20161121

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