National Planning Commission on introduction of National Minimum Wage

National Planning Commission applauds the parties for the agreement on measures to strengthen labour stability and collective bargaining and on modalities for the introduction of a National Minimum Wage

The introduction of the National Minimum Wage agreement and other measures to strengthen labour stability and collective bargaining is an important step in creating a more equal, just, and prosperous society as envisaged in the National Development Plan (NDP) Vision 2030. The National Planning Commission therefore thanks and applauds the parties to the agreement.

For South Africa to achieve its objective to eliminate poverty, reduce inequality and create jobs it requires greater trust between the state, labour and business. As highlighted in the NDP the lack of trust between government and business and, in turn, between these sectors and the labour movement, is a stumbling block towards faster economic development. This agreement shows that through persistence and hard work South Africans can find common cause to address and find solutions.

Achieving full employment, decent work and sustainable livelihoods depends on making tough choices. The ability to do this is a function of leadership among all social partners. This agreement shows the willingness by all parties to the agreement to make these tough choices and to find common ground in the interest of all South Africans.

The National Planning Commission applauds this agreement and sees it as a step towards a broader social compact as envisaged in the NDP Vision 2030.

Source: Government of South Africa

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