Deputy President Cyril Ramaphosa welcomes COSATU endorsement of National Minimum Wage Agreement
2 March 2017
Pretoria - Deputy President Cyril Ramaphosa has, in his capacity as Chair of the NEDLAC Committee of Principals, welcomed the adoption by the Congress of South African Trade Unions (COSATU) of the proposed National Minimum Wage of R20 an hour.
The COSATU Central Executive Committee (CEC) announced today, Thursday 2 March 2017, that the trade union federation supported the National Minimum Wage and labour relations package agreed recently by leadership of labour, community, government and business under the auspices of the NEDLAC Committee of Principals.
The agreement followed a directive by President Jacob Zuma to NEDLAC in 2014 to deliberate measures to reduce wage inequality in the country and improve labour relations, notably reducing the intensity and duration of industrial action.
Welcoming COSATU’s endorsement of the NEDLAC agreement, Deputy President Ramaphosa said: “The announcement by the Central Executive of Committee of COSATU is an important milestone in the process of making the National Minimum Wage a reality in our economy.