South Africa’s minimum wage better than Brics

Despite 84.5% of South African workers receiving a regular wage or salary – which is high in world terms and even better than some developed countries – the subject of minimum wages remains one of the most heatedly discussed economic topics. And it’s often misunderstood by both workers and businessmen‚ said economist Mike Schussler‚ presenting the 14th United Association of South Africa (UASA) South African Employment Report at the Johannesburg Country Club on Thursday morning.