Economic

“Minister of labour, Thulas Nxesi, has gazetted South Africa’s new minimum wage which will take effect from 1

March 2020.

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The gazette states that the new national minimum wage is R20.76 – an increase of 3.8%”.

Adapted from: https://businesstech.co.za/news/government/374920/6-planned-laws-that-government-has-

just-announced-for-south-africa/

Accessed: 21/02/2020

Provide a discussion on the welfare effect of the above, that illustrates the case for when the above results in

unemployment in the market for domestic workers as well as a case for when the above has no effect on the

market for domestic workers. Use a diagram to support your discussion.V

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