(Reuters) - Above-inflation pay demands may push South Africa's Reserve Bank into raising interest rates, economists said on Friday, warning that resulting higher inflation could cancel out the benefit of wage increases.
Disillusioned by widening wage gaps and miffed by possible double-digit increments for MPs and senior government officials, civil servants launched a nationwide strike on Friday.
Read more at Reuters Africa
Disillusioned by widening wage gaps and miffed by possible double-digit increments for MPs and senior government officials, civil servants launched a nationwide strike on Friday.
Read more at Reuters Africa
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