South Africa’s national minimum wage has risen by 5%

Loading player...
South Africa’s national minimum wage has risen by 5%, with farm workers, domestic workers, general assistants, and security guards set to earn R30.23 an hour from 1 March. Cosatu parliamentary co‑ordinator Matthew Parks helps us understand the broader implications for workers, businesses and the economy.
6 Feb 4AM English South Africa Business News · Investing

Other recent episodes

Investment opportunities in 2026

After a period of relative optimism last year driven by easing inflation and expectations of lower interest rates, global markets are heading into 2026 facing renewed volatility. From geopolitical instability and uneven economic growth to stretched equity valuations and persistent currency fluctuations, investors are unlikely to enjoy a smooth ride…
4 Feb 12PM 19 min

US extends AGOA until 2026

The United States has renewed the African Growth and Opportunity Act (AGOA), but only for a short, one-year period ending in 2026. Is this a genuine renewal or simply buying time while the US rethinks the programme? Victor Kgomoeswana, well known African business expert unpacks this.
6 Feb 6AM 12 min

Sugar tax vs jobs: Can SA protect health and industry?

South Africa’s sugar tax, officially the Health Promotion Levy, has been at the centre of a heated debate. Introduced in 2018 to curb the country’s rising obesity and diabetes rates, the levy taxes sugar-sweetened beverages, but not household sugar or other foods. Health advocates say it’s a vital tool that…
4 Feb 12PM 9 min

South Africa has entered a "polycrisis" year in 2026

South Africa has entered a "polycrisis" year in 2026 where climate disasters and civil unrest are no longer separate events. They are colliding. Just this past week, the national disaster declaration following the deadly flooding in the Northeast (Limpopo and KZN) has coincided with rising community "water riots" in Gauteng…
6 Feb 4AM 21 min

MTN in talks to buy remaining IHS holdings stake

Africa's biggest mobile operator, said on Thursday it is in advanced talks to buy the 75% stake it does not already own in IHS Holdings in a deal that could value the tower infrastructure firm at about $2.76 billion. Dobek Pater, telecoms analyst gives listeners his analysis of what this…
6 Feb 4AM 9 min