National Minimum Wage (NMW) exemption process
The NMW increase was announced earlier this month. Given the steep rise (16.2%) in farm worker wages, some employers might find themselves in a situation where they cannot afford the NMW. In such a case, a very particular process needs to be followed.
Agbiz responds to 2021 Budget Speech: Inclusive growth and fiscal consolidation critical for South Africa’s future
“In the most challenging budget for South Africa since the advent of democracy in 1994, Minister Tito Mboweni and his team have, within major constraints, provided the most reasonable balance in stimulating economic growth and consolidating the fiscal framework.