How SA foreign policy creates poverty

THE poorest South Africans have good reason to be disgruntled. Restrictive labour laws prevent 8-million of them from working legally for a genuine wage. Welfare payments, soon to reach 19-million, keep the poorest South Africans idle and dependent.

Under the national minimum wage, which Deputy President Cyril Ramaphosa has indicated is a case of "when, not if", 7-million workers, or 45% of the total who earn less than the proposed R4,500 a month, will be newly vulnerable.

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Loane Sharp

Loane Sharp is a Labour Economist with Adcorp and a contributing author to the FMF publication Jobs Jobs Jobs

Publish date: 24 July 2015
Views: 701

Loane Sharp, Government, Minimum Wages, Unemployment, Labour

The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.

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