MOZAMBIQUE UPDATE OF THE MINIMUM WAGES

The Minister of Labour, Employment and Social Security, Minister Vitoria Diogo, approved the Ministerial Decrees numbers 31/2017, 32/2017, 33/2017, 34/2017, 35/2017, 36/2017, 37/2017 and 38/2017, which established the new minimum wages. The new statutory minimum wages increased from 5.5 to 21 percent, depending on the following industry sectors:

  • Agriculture, cattle industry, hunting and forestry;
  • Fishing;
  • Mineral Extraction Industry;
  • Manufacturing Industry;
  • Production and distribution of electricity, gas and water;
  • Construction;
  • Non-financial services;
  • Financial Services

The new minimum wages are as follows, effective 01 April 2017 and should be backdated accordingly:

Wages/ Salaries for other professional categories will be subject to collective bargaining negotiating between employers and trade union organizations.

Employers must adhere to the new levels for foreign workers whose work permit applications are pending as of 01 April 2017.

 

Contact our legislation team at info@crs.co.za if you require any additional information.

 © 2017 CRS Technologies (Pty) Ltd. All Rights Reserved.

TANZANIA 2017/18 BUDGET SPEECH

The Minister of Finance and Planning, Hon. Dr. Philip I. Mpango, presented the 2017/18 Budget Speech to Parliament on 8 June 2017.

Key Highlights of the Budget Speech:

  • No changes to taxation of Individual Income or Employment Income.
  • The Tax Tables remain the same.
  • Tanzanian Shilling remains stable in terms of the Exchange Rate and currently ranges between Tshs2,230/ US$ and Tshs2,260/ US$ in the 2017.
  • The Bank of Tanzania proposes to move to a fully-fledged interest rate based framework during the course of 2017.
  • Savings Deposit Interest Rate increased to 3.17% as at March 2017 and overall lending rate increased to 17.36% as at March 2017.
  • Tanzanian Government is currently finalizing a Bill to ensure that membership to the Community Health Fund (iCHF) is mandatory for all Tanzanians. This will enable children under the age of 18 to be enrolled on the contributing parties plan, regardless of their relationship.
  • GDP growth is expected to be vigorous averaging to 6.2% between 2017 and 2026.

 

Contact our legislation team at info@crs.co.za if you require any additional information.

© 2017 CRS Technologies (Pty)Ltd. All Rights Reserved.

This is precisely where CRS Technologies is positioned to add value. It is entirely focused on solutions that redefine the HR function in business and covers all major areas including compliance with regulation and how best to deal with changes in legislation.

CRS Technologies has established itself as an end-to-end HR and HCM services provider within a market hungry for technology to enhance people management and optimise related processes.

The company has been in this industry for over 30 years and has, over time, kept up to date with trends and changes in technology requirements – a facet of HR and HCM management that remains a challenge for many businesses.

When it comes to people management, the issue of mobility and access to corporate networks, cyber security, and Mobile Device Management all have a role to play. This is aside from the impact of big data and more widespread use of data analysis across many industries.

“It’s a great deal more complicated today,” says Ian McAlister, General Manager of CRS Technologies, “Decision makers need to deal with a significantly changed environment, with regular changes to labour law legislation and the constant concern around skills development and integration.”

One of its main differential qualities is the offer of what the company has aptly called its Á-Z of HR service – an alphabetic listing of each and every HR service CRS Technologies offers.

The service offering includes audits of contracts & policies; Employment Equity (EE) Act compliance and Retrenchments, advice on labour legislation and qualification verification, among others.