Economic News in South Africa

7 January 2020 - Workers at the Robben Island Museum, South Africa, who are associated with the National Education, Health and Allied Workers’ Union (Nehawu), have declared a wage strike. 

The union had been engaged in negotiations with the museum for two months before the industrial action. Some of the requirements they stated included a 9% increase in salaries, adjustments in salaries for cost of living, awards for long service and the insourcing of security personnel and private cleaners. The point of contention arose when the museum made a counteroffer of 6.5% increase instead of a 9% increase resulting in the union taking drastic measures. Take the Salary Check to see who earns what

18 December 2019 - Stats South Africa published the latest Quarterly Employment Survey, a comprehensive survey of the job market in the country. All sectors except transportation and construction, saw a rise in the average gross earnings this quarter.  Q3: 2019 saw a decline of 0.3% in the number of jobs, approximately a loss of 28,000 jobs in the formal sector. However, compared to the same time last year there was an increase in employment by 0.8%. The greatest monthly average wages were in the electricity sector, with an average pay of R42,825. With a total of 59,000 people employed in the sector, the gross earnings paid amounts to R8.09 billion. Employment Security

5 December 2019 - The National Education and Health Allied Workers Union (Nehawu) of South Africa has stated that it will mobilise all of its members to shut down the government if the Treasury of the country moves ahead with its plan to freeze the salary of the workers. Nehawu has made it clear that it will not tolerate any negotiations that will cut the wages of the workers. The Deputy Minister of Finance, David Mosondo, stated that the wage bill constitutes 35% of the government’s total expenditure. He said that while the government was making efforts to achieve savings in the wage bill, they would also have to consider freezing wages to address the impending threat of fiscal crisis. On the other hand, Nehawu has stated that the workers should not suffer because of the stagnating economy. Trade Unions