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Treasury Stays Resolute on Wage Curbs, Spending Ceiling

SOUTH AFRICA
  • S. AFRICA SAYS SPENDING CEILING CAN'T ACCOMMODATE WAGE HIKE
  • National Treasury: "No change to government's spending ceiling and fiscal envelope can be accommodated in any settlement, and this is part of the official mandate for wage settlements,"
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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