South Africa

BUSI MAVUSO: State and public-sector unions still have time to reach agreement

SA’s resolve in achieving fiscal reform will be tested this week in the medium-term budget policy statement as we face up to the question of public-sector wages.

This comes about a year after the Treasury promised to cut employee increases to rein in expenditure as part of a final push at avoiding a ratings downgrade to junk status in the first quarter of this year.

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