How is it possible for Finance Minister Pravin Gordhan to roll out a huge infrastructure programme requiring billions of rand and to slash the budget deficit (the proportion of government spending to GDP) from ––4.6% to –3% over three years without increasing taxes?...
Average real wage within Construction (contractors), 1994-2011 1. Wage increases above inflation? Yes, of course! The wage Bargaining season is here again and the media will again complain about “wage demands are inflationary”. Read: “Wage demands...
South Africa is by all accounts the world’s richest country in terms of the value of its mineral resources. In 2010 these were valued at $2.5–$4.5 trillion. Mining is a lucrative business opportunity right now. The demand for commodities for the growing...
VICTORY for Marikana – Lonmin workers 22% = R11 000! Now for the struggle for Justice A heroic struggle has tasted its first victory. The reported wage settlement with Lonmin of R11 000 is a massive victory, nothing less than the murder and sacrifice of so many...
VICTORY for Marikana – Lonmin workers 22% = R11 000! Now for the struggle for Justice A heroic struggle has tasted its first victory. The reported wage settlement with Lonmin of R11 000 is a massive victory, nothing less than the murder and sacrifice of so many...
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