Tag: wage negotiations
Medium Term Budget Policy statement – The good and the bad...
The good news stemming from the Medium Term Budget Policy statement (MTBPS) is that in 2023/24, South Africa is expected to achieve its first primary budget surplus in 15 years and this will be achieved with no new revenue enhancing measures from 2023/24 onwards.
Investment note: the good news edition
For a country always in need of cheering up, recent news of better-than-expected economic growth was most welcome. StatsSA data showed that the economy grew by 4.6% after inflation in the first quarter on a seasonally adjusted and annualised basis.
Why workers are prepared to strike until their demands are met
A major takeout from the month-long bus strike earlier this year is that workers were prepared to strike for a protracted period until their main demands were met, including that they be paid for the month that they did not work as a result of the protest action.
