A National Minimum Wage of R3 500 is too low and could trap millions of workers in continuing cycles of poverty
The low proposed National Minimum Wage of R3 500 per month is not enough for workers to support their families, nor does it address our historical racial wage structure. After this figure has been legislated, we suspect that it will institutionalise South Africa’s low-wage trajectory and deepen income inequality. Read the Media Statement here
PACSA's response to medium term policy statement
In response to the Medium Term Budget Policy Statement 2016: A R10 increase on the Child Support Grant does not allow mothers to feed their children properly.
To: All media for immediate release.
Date: 13 October 2016
Subject: 2016 PACSA Food Price Barometer, Annual Report
Release to coincide with World Food Day on 16 October 2016
Increasing food prices deepens affordability crisis in low-income homes. Read more here
Read the programme here
The PACSA food basket increased by R51.26 (2.8%) m/m from R1 860.60 in September 2016 to R1 911.86 in October 2016. Y/y the PACSA food basket increased by R273.50 (16.7%) from R1 638.36 in October 2015 to R1 911.86 in October 2016. Read the full report here
The 2016 PACSA Food Price Barometer finds that increasing food prices is deepening the affordability crisis in low-income homes. This year’s substantial food price hikes, annualised at 15%, driven by the drought, has put enormous pressure on the wage and social grant and the strategies employed by households to absorb inflation. Women have expressed that they are really struggling to put food on the table. Read more here.
Food price inflation in the baskets of low-income households’ edge up to 20% year-on-year, with maize meal up 40%.
August 2016 saw the price of the PACSA Food Basket (a basket modelled to track food price inflation on low-income households) increase to its highest levels year-on-year.