Business leaders want to postpone talks about raising the minimum wage until August. The Confederation of Economic Associations says companies need help first with credit, tax breaks, and better security. Agostinho Vuma discussed this at a recent Labor Commission meeting. He explained how businesses struggled during last year's protests, which caused the economy to grow only 1.85% instead of what experts predicted.
Vuma believes discussing pay increases right after these troubles might hurt companies that are just starting to recover. The business group thinks officials should change how these negotiations happen. They want immediate changes to the process this year. The private sector needs time to catch its breath before talking about higher wages for workers. Companies suffered major setbacks because of violence across the country.
Vuma believes discussing pay increases right after these troubles might hurt companies that are just starting to recover. The business group thinks officials should change how these negotiations happen. They want immediate changes to the process this year. The private sector needs time to catch its breath before talking about higher wages for workers. Companies suffered major setbacks because of violence across the country.