Introduction Of A National Minimum Wage

Navigating the national minimum wage terrain is a difficult one indeed. NEASA CE, Gerhard Papenfus, was interviewed in studio on this topic on SABC News on 21 July 2015. Watch the interview below in which Mr Papenfus discusses the consequences of implementing a national minimum wage and why markets should be left alone for self-regulation.

The interview follows Cosatu’s demand for a national minimum wage of R7000 per month. Both the presenter, Elvis Presling, and Mr Papenfus raise some thought-provoking points.