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: 1 249

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. This article may be republished without prior consent but with acknowledgement to the author.

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