STATE OF THE NATION 2026

Herewith an independent report on SONA This was President Ramaphosa’s second-last SONA, as the ANC will elect new leadership at the end of next year. He appeared confident and at ease as he delivered his largely upbeat address, which lasted one hour and 43 minutes.  Key takeaways include:

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Minister republishes regulations for EE Sector Targets

On Friday, 12 May 2023, the Minister published the draft five-year sectoral numerical targets for the identified national economic sectors allowing interested parties 30 days to comment.  After publication and after the 30 days allowed for comment, there was much comment on the draft numerical targets. On the face of it, the republished regulation furnishes…

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The proposed National Minimum Wage hike for 2024

The National Minimum Wage (NMW) Commission recommends a CPI plus 3% for 2024 but is sitting with another two proposals as it invites further suggestions from interested parties for the year ahead. The NMW Commission has published a report in the government gazette to present the Commission’s information and recommendations on the annual review of…

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