Cyril Ramaphosa, President of South Africa, a new law to amend employment conditions within South Africa applying the minimum wage, that his country will enter the minimum wage at the beginning of 2020 into force on January 1, 2020.
Today, in an official statement by President Cyril Ramaphosa, televised in Sotio, west of Johannesburg, Ramaphosa said the legislation, which would force companies to pay workers a minimum wage of 20 rand ($ 1.42) an hour, takes effect on the first day of 2019. .
The law was supposed to go ahead as planned on May 1, but has been delayed for several reasons in South Africa.
The president said that although wages are far below the ideal level, they can help create jobs in South Africa, where the unemployment rate is 27 percent.
Ramaphosa was one of the mediators in reaching the minimum wage agreement when he was still vice president of South Africa.
By 3:02 pm GMT, the South African currency rose against its US counterpart by 0.8% to drop the dollar to 13.9413 rand.