This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Mboweni urges discussions with unions on public wage bill

Loading player...

Finance Minister Tito Mboweni seems ready to challenge labour unions on the high cost of the public sector wage bill. Mboweni said in his mid-term budget speech in Parliament that the Government spends over R500bn on the wage bill which has more than tripled between 2006 and 2019. He said discussions needs to be undertaken with labour unions for a consensus on an intervention on the wage bill. - Linda van Tilburg

Learn more about your ad choices. Visit megaphone.fm/adchoices

30 Oct 2019 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Swimming SA crisis; Murder suspect vanishes; Operation Prosper fails; F1 bid; Wall St

Comrades board member Rory Steyn tells Alec Hogg that Swimming South Africa, whose top two officials are suspended by World Aquatics, needs the governance overhaul cricket went through - a majority of independent directors, with Olympian Tatjana Smith the ideal candidate. Fourteen months after their daughter's murder, her parents are…

29 Sep 11PM 14 min

Rory Steyn on who really runs South African sport

In two years, Comrades runners threw out a board accused of vote-buying and steering tenders to friends, and cut ties with the provincial and national athletics bodies to run their own race. Swimming South Africa had to wait for an integrity panel in Switzerland to act. Rory Steyn, Nelson Mandela's…

29 Sep 11AM 39 min

Our daughter was stabbed with enough force to kill a wild bear… | Paul and Sue Sullivan

In this interview with Chris Steyn, two grieving parents describe their 14-month fight to bring to justice the alleged killer of their daughter Kerry Vorster. The suspect's whereabouts are a mystery after he was released, allegedly without paying bail, having no physical address and without providing a contact number. The…

29 Sep 7AM 23 min

The retirement system’s unfair bet and how you can improve the outcome – Fred van der Vyfer

Two equally responsible South Africans can do everything right, save diligently, keep their costs down, earn a decent long-term return, and still retire with very different outcomes. Fred van der Vyfer, executive head of product solutions at Old Mutual Corporate, tells BizNews the reason often comes down to nothing more…

29 Sep 3AM 21 min

BN Daybreak: SA's mass killings crisis, intelligence in disarray, Calitz on Hormuz, fixing Joburg

Twenty-seven people were killed in two mass shootings in a single weekend, and the DA's Lisa Schickerling wanted to know where the police were. She told Chris Steyn why growing criminal networks had to be dismantled, and why the leadership of the private security regulator, raided by the SIU and…

28 Sep 11PM 17 min

All episodes