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SOUTH AFRICA: FinMin Says 4.7% Wage Hike Offer Not Guaranteed

SOUTH AFRICA
  • "S. AFRICA FINMIN: GOVT'S 4.7% WAGE-HIKE OFFER NOT GUARANTEED" - BBG

In late October, the government offered a salary increase of 4.7% to public servants. While this was an increase from 3% initially, it is still well below the 12% demand by the various unions representing around 1.3 million state workers.

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  • "S. AFRICA FINMIN: GOVT'S 4.7% WAGE-HIKE OFFER NOT GUARANTEED" - BBG

In late October, the government offered a salary increase of 4.7% to public servants. While this was an increase from 3% initially, it is still well below the 12% demand by the various unions representing around 1.3 million state workers.