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Posts tagged [entrepreneurial environment South Africa]

South Africa Small Business Environment December 2016

South Africa Small Business Environment December 2016

The most significant economic news for small businesses in South Africa in November 2016 is that the government is looking to push through legislation to enforce a national minimum wage. The proposal, put forward by Deputy President Cyril Ramaphosa, looks to set the lower-bound for full-time employment at R3,500 per month. The move has support from many quarters, but some employers will likely come under pressure, especially smaller businesses who are less able to absorb mandatory wage increases.

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