The labour movement is divided; the increase comes down to 3.3%, not 7.5%; and the Treasury’s provision for an overrun might be inadequate.
Nehawu members protest outside Chris Hani Baragwanath Academic Hospital in Joburg, March 2023. Picture: FREDDY MAVUNDA/BUSINESS DAY
This is two percentage points above the Reserve Bank’s forecast for average headline consumer inflation of 5.4% for 2023.Given that the average public sector nurse earns more than R34,000 a month before taxes, that’s an increase of about R2,500 a month, including the continuation of the existing R1,000 cash gratuity.
workers have received for the past two years. This was supposed to be a stopgap measure to compensate for very low increases during the pandemic. Now it After taking it on the chin during the pandemic the unions are now digging in their heels, while the state’s resolve seems to be wilting R95bn to reserves over the medium term precisely to cover the strong likelihood of a wage bill overrun and of further state-owned enterprise bailouts as well as the inevitable extension of the R36bn social relief of distress grant.at the time of the 2023 budget, it was also banking on the economy growing by almost 1% this year.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EDITORIAL | Thabo Bester’s freedom is a middle finger to our justice systemBased on the evidence, a number of people, from other prisoners to warders, knew about the fire and the prison swap without doing anything to stop it.
Read more »
EDITORIAL | Thabo Bester’s freedom is a middle finger to our justice systemBased on the evidence, a number of people, from other prisoners to warders, knew about the fire and the prison swap without doing anything to stop it.
Read more »
EDITORIAL: Why did South Africans stay home?Opposition politics in SA is in a sorry state
Read more »
EDITORIAL: A balanced outcomeNews that public sector unions have agreed to the government’s 7.5% wage offer is encouraging
Read more »
EDITORIAL: Call it what it is, ministerDismissing the role of crime in Eskom’s woes makes it hard to take Kgosientsho Ramokgopa entirely seriously
Read more »
Editorial | Stand up for human rights everywhere | City PressEditorial | Having encountered some resistance to their homophobic evangel in their own country, these American fundamentalists have moved to Africa with their crusade to humiliate, denounce and, where possible, imprison members of the LGBTIQ+ community
Read more »