Today's Big Stories

Why a national minimum wage is a good thing

While National Minimum Wage discussions are in the spotlight, there is conclusive evidence suggesting that the implementation of a National Minimum Wage in South Africa could have a positive impact on inequality and poverty.

Dr. Asghar Adelzadeh, Director and Chief Economic Modeler at Applied Development Research Solutions (ADRS) chats to John Robbie about his statistical modelling system that predicts the impact of a national minimum wage in South Africa.

Dr Adelzadeh said that while it is difficult to work out an average for a minimum wage, it is very beneficial for dealing with poverty and inequality.

Minimum wage raises the income of workers which increases rising demands for good and services. The private sectors can therefore still benefit. Minimum wages also reduce the need for social grants as well as stimulating the economy.

Dr. Asghar Adelzadeh, Director and Chief Economic Modeler at Applied Development Research Solutions (ADRS)

Listen to the conversation below:


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.

'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.

RethinkAfrica raises awareness on national minimum wage in SA

RethinkAfrica raises awareness on national minimum wage in SA

John Maytham speaks to Chairperson of RethinkAfrica after hosting a national minimum wage vs living wage dialogue today at UCT.

National minimum wage revived, update on Panayiotou case, Nepal death toll rises

National minimum wage revived, update on Panayiotou case, Nepal death toll rises

A round up of the day's biggest talkers

Popular articles
Feeling tired of life and burnt-out? You may want to check this out

Feeling tired of life and burnt-out? You may want to check this out

Bruce Whitfield interviews Judy Klipin, author of “Recover from Burnout: Life Lessons to Regain your Passion and Purpose”.

'I get anxious when people talk to me about money'

'I get anxious when people talk to me about money'

Bruce Whitfield interviews comedian Anne Hirsch about her attitude to money (hopes and fears, successes and failures, etc.).

Benguela Global Fund Managers is buying Naspers, Standard Bank and Pick n Pay

Benguela Global Fund Managers is buying Naspers, Standard Bank and Pick n Pay

Zwelakhe Mnguni (CIO at Benguela Global Fund Managers) shares his stock picks of the week: Naspers, Standard Bank and Pick n Pay.

'Debt relief law may cause banks to stop lending to lower-income clients'

'Debt relief law may cause banks to stop lending to lower-income clients'

The Money Show’s Bruce Whitfield interviews Cas Coovadia, Managing Director at the Banking Association of South Africa.

[WATCH] Father and daughter dance-off changes tune when she starts twerking

[WATCH] Father and daughter dance-off changes tune when she starts twerking

Khabazela shares tweets and Facebook posts that have gone viral.

Gauteng Liquor Act prohibits passengers drinking in vehicles, says MMC Sun

Gauteng Liquor Act prohibits passengers drinking in vehicles, says MMC Sun

When you do take a taxi, drink at your destination and not in the cars, says City of Johannesburg MMC for Safety Micheal Sun.

Weighing up the cost and the benefit of a loyalty programme

Weighing up the cost and the benefit of a loyalty programme

Certified financial planner Paul Roelofse on choosing and unlocking the value of loyalty programmes.