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South Africa Inches Forward on Growth Pact With Labor, Business

  • Technical group to work out parameters of discussions
  • Labor, business angered by initial government expectations
Updated on

South Africa’s government, labor unions and business representatives are tentatively moving toward negotiating an economic-growth pact after an initial draft of what the state expected was rebuffed.

The government had asked for unions to agree to a cut in entry-level pay and for companies to commit to investments.