South Africa Raises Minimum Hourly Wage
Workers at a distribution warehouse in Cape Town.
Photographer: Guillem Sartorio/BloombergThis article is for subscribers only.
South Africa’s minimum hourly wage will increase by 8.5% to 27.58 rand ($1.46) from next month.
The raise, announced in the Government Gazette on Friday, outstrips labor union officials’ inflation expectation of 5.9% for 2024, but is less than the 11% average increase in food prices last year, data from statistics office show.