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
Should Zimbabwe officially join South Africa in a monetary union?

Should Zimbabwe officially join South Africa in a monetary union?

What will happen to the rand if it does? Bruce Whitfield interviews Tim Nhamo, a currency specialist at Ironhead Trading.

Prescribed assets: 'Are unions sleeping? Why are they not protecting members?'

Prescribed assets: 'Are unions sleeping? Why are they not protecting members?'

The ANC is eyeing your pension. Bruce Whitfield interviews Warren Ingram, a personal financial advisor at Galileo Capital.

South Africans are getting poorer and poorer

South Africans are getting poorer and poorer

It's not your imagination; we’ve lost a decade. Bruce Whitfield interviews Johann van Tonder, a researcher at Momentum.

No more swiping without sweating! Discovery Vitality introduces new swipe system

No more swiping without sweating! Discovery Vitality introduces new swipe system

The health programme piloted a new tag system at the exit points in a bid to crack down on fake gym visits at a few fitness clubs.

ANC will lose some power in 2019, but Cyril will still be president - astrologer

ANC will lose some power in 2019, but Cyril will still be president - astrologer

Astrologer from Soul Direction Dawn Carter gives us a horoscope forecast for South Africa in 2019.

Agrizzi: Bosasa paid over R4 million a month in bribes to secure contracts

Agrizzi: Bosasa paid over R4 million a month in bribes to secure contracts

EWN's Clement Manyathela describes testimony given by Angelo Agrizzi at the Zondo Commission of Inquiry into State Capture.

[WATCH] Baby hilariously tries to eat mom's burritos

[WATCH] Baby hilariously tries to eat mom's burritos

Khabazela shares tweets and Facebook posts that have gone viral.

Bryan Habana opens up about money, and now having to buy his own clothes

Bryan Habana opens up about money, and now having to buy his own clothes

Bruce Whitfield interviews the legendary Springbok about his attitude toward money (hopes and fears, successes and failures, etc.)