Today's Big Stories

Despite what you're told, the minimum wage won't lead to job losses, says expert

Discussions continue between government, labour and business over the implementation of a uniform minimum wage.

Minimum wage policy researcher, Gilad Isaacs said that setting a minimum wage could bring several potential benefits, including increased GDP growth and the reduction of inequality.

According to Isaacs, there is a statistically insignificant impact to unemployment, when using sophisticated economic models.

Listen to the full conversation from The Midday Report with Stephen Grootes:

In our modeling, whilst employment overall rises, there is a negligible impact on the the unemployment rate. What we've seen in reality is a net increase in employment.

Gilad Isaacs, Coordinator of National Minimum Wage Research Initiative at Wits Universit

Recommended

by NEWSROOM AI
Read More
Veterans and ANC not on same page about terms of consultative conference

Veterans and ANC not on same page about terms of consultative conference

ANC vets want civil society groups present at the consultative conference, which they want held separately from another meeting.

Top SABC journos applauded for brave testimony

Top SABC journos applauded for brave testimony

EWN's Gaye Davis summarises the evidence of the SABC journalists who appeared before the ad hoc committee in Parliament.

If you're gona be a hero (and smash a car window), make sure you can prove harm

If you're gona be a hero (and smash a car window), make sure you can prove harm

A criminal lawyer explains what leg citizens can stand on if they witness a child or pet locked in a vehicle in risky conditions.

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

SABC 'in contempt of court' if Motsoeneng reports for duty, says DA

The DA's James Selfe says it is not clear whether SABC's Hlaudi Motsoeneng will be either fired or suspended pending an inquiry.

Tweeps throw shade as court shows Motsoeneng the door

Tweeps throw shade as court shows Motsoeneng the door

A judge has ruled that Hlaudi Motsoeneng should not hold any position at the SABC and Twitter has wasted no time reacting.

'It's important to model the economic impact of minimum wage'

'It's important to model the economic impact of minimum wage'

Calls for a national minimum wage should be well deliberated and based on sound evidence, says policy researcher Gilad Isaacs.

Popular articles
TymeBank CEO Sandile Shabalala quits

TymeBank CEO Sandile Shabalala quits

Shabalala says he wants to spend more time with his family. Bruce Whitfield interviews portfolio manager Kokkie Kooyman (Denker).

Average salary in SA is R6400 per month, but 70% of workers earn less

Average salary in SA is R6400 per month, but 70% of workers earn less

About 29% of workers earn less than the R3500 national minimum wage, says Anish Shivdasani, CEO at Giraffe.

Can South Africa and Nigeria kiss and make up? Because there’s money to be made

Can South Africa and Nigeria kiss and make up? Because there’s money to be made

The relationship is complicated and strained. Dianna Games reports back from the SA-Nigeria Investment Conference in Sandton.

Honeymoon scuppered: Local man describes being scammed R60K by Destiny Holidays

Honeymoon scuppered: Local man describes being scammed R60K by Destiny Holidays

CapeTalk listener Paul had planned his honeymoon, and he and 32 others, lost over R2m to a seeming fly-by-night travel agency.

Investec gives staff unlimited leave days and freedom to wear what they want

Investec gives staff unlimited leave days and freedom to wear what they want

The bank rewards innovation with substantial bonuses and pays according to output not hours at work, says Lesley-Anne Gatter.

JSE Limited lost 10% of its value on Monday

JSE Limited lost 10% of its value on Monday

The Money Show’s Bruce Whitfield interviews Nicky Newton-King, CEO at the JSE Limited.

We've technologist on record saying she'll not treat patients - Discovery Health

We've technologist on record saying she'll not treat patients - Discovery Health

CEO Dr Broomberg has rubbished reports that a KwaZulu-Natal patient died after the company stopped payments.

'We are not investigating the so-called R400m,' says Public Protector's office

'We are not investigating the so-called R400m,' says Public Protector's office

Spokesperson Oupa Segwale discusses the scope of Busisiwe Mkhwebane's investigation of Cyril Ramaphosa's ANC campaign funding.

Billionaire gives away R100 billion, leaving only 0.0002% of fortune for himself

Billionaire gives away R100 billion, leaving only 0.0002% of fortune for himself

You've probably never heard of Chuck Feeney. Nevertheless, he’s one of the strangest, most impactful people who has ever lived.