Legal updates and opinions
News / News
Increase in minimum wage for hospitality workers
On 10 June 2016, the Minister of Labour published an amendment to the minimum wage for Sectoral Determination 14 which regulates the Hospitality sector in South Africa. The Amendment became effective on 1 July 2016 and will remain in effect until 30 June 2017.
The amendments are set out below.
MINIMUM WAGE FOR EMPLOYERS WITH 10 OR LESS EMPLOYEES
| 2013 – 2014 | 1 July 2016 – 30 June 2017 | |
| Monthly Rate | R2415.86 | R2959.35 |
| Weekly Rate | R557.55 | R682.97 |
| Hourly Rate | R12.39 | R15.17 |
MINIMUM WAGE FOR EMPLOYERS MORE THAN 10 EMPLOYEES
| 2013 – 2014 | 1 July 2016 – 30 June 2017 | |
| Monthly Rate | R2692.74 | R3298.52 |
| Weekly Rate | R621.45 | R761.25 |
| Hourly Rate | R13.81 | R16.91 |
Click on the link if you’ like to more information on Werksmans expertise in the Labour & Employment sector.
Latest News
Budget proposal to provide much needed clarity to managers and unit holders of Collective Investment Schemes
The taxation of collective investment schemes ("CIS") and their participatory interest holders is governed by sections 25BA and 10(1)(iB) of [...]
The International Arbitration Act spells opportunity for South Africa
With the coming into operation of the International Arbitration Act[1] ("Act") on 20 December 2017, South Africa for the first [...]
The fascinating tango of interest and forex rates on large claims where set-off occurs: a case study
Imagine the following scenario, the parties have litigated, and they are awarded the following claims: Party A is awarded: US$5 [...]
Memorandum of understanding concluded between the Broad Based Black Economic Empowerment (“BBBEE”) Commission and the Competition Commission – the increasingly important interface between BBBEE and Competition Law
) The Competition Commission investigates certain mergers and anticompetitive practices including cartel conduct (for example price fixing, collusive tendering and [...]
Use it or you may lose it
INTRODUCTION In Legalwerks September 2017, the top ten reasons to register trade marks were discussed, https://werksmans.com/legal-briefs-view/top-ten-reasons-to-register-your-trade-marks/. On payment of renewal [...]
FAQ – opportunities for investors arising from the South African business rescue process
INTRODUCTION The South African business rescue process has created the opportunity for investors (local and foreign) to position themselves in [...]
