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S. Africa Government to Offer 4.8% Pay Increases, New Age Says

March 24 (Bloomberg) -- South Africa’s government will offer wage increases of 4.8 percent for civil servants, falling short of the 10 percent demanded by labor unions, The New Age reported, citing a leaked draft copy of the agreement plan.

Salary increases will be based on the Consumer Price Index for the period from April 2010 to March 2012, which will be based on forecasts from National Treasury, the Johannesburg-based newspaper said. If inflation is different to Treasury’s projections, salaries will be adjusted accordingly in the following year, it said.

The government plans to implement the proposals on May 1, The New Age said.

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net

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