Busa welcomes Cosatu’s endorsement of national minimum wage

Business Unity South Africa (Busa) on Friday welcomed the endorsement of the national minimum wage by the Congress of South African Trade Unions (Cosatu), saying that this marked the final endorsement of a labour relations stability. “We are pleased with Cosatu’s endorsement of the agreement. The agreement heralds a new era for labour relations in South Africa. With the backing of all social partners in Nedlac, this agreement moves our labour market in the right direction,” Busa CE Tanya Cohen said.