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Treasury Pats Itself on the Back, While Real Wage Battle Looms

SOUTH AFRICA
  • S. AFRICA STATE-PAY RULING BOOSTS FISCAL CREDIBILITY: TREASURY
  • in reference to this morning's top headline in the summary regarding rejection of union demands for 2018 wage agreement
  • agree there, but that battle has passed. The real battle is to come in the 2021 wage agreement where we want to see a continuation of the hardline approach taking unions on and only providing what is affordable
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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