Finance minister Tito Mboweni told an investment conference on Thursday that the Treasury would not back down on its insistence that any wage agreement for state workers must not breach the government’s fiscal ceiling.
Mboweni angered trade unions in 2020 by reneging on a prior deal to raise wages for 1.3-million government workers. In February, he announced a new three-year pay freeze in the public sector as part of plans to rein in government spending, reduce the budget deficit and stabilise debt. Mboweni also said he was not in favour of a basic-income grant and would prefer employment incentives, the person said. Social development minister Lindiwe Zulu said in May that a basic income grant proposal would be taken to the cabinet later in 2021.
Mashudu Masutha-Rammutle, Mboweni’s spokesperson, declined to comment on the minister’s remarks, but said a recording would be shared with the media later. The JSE took the decision to lock out the media, she said.
Why it took him so long to stand up to these union bosses?
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