South Africa’s minimum hourly wage increased by 8.5% to ZAR 27.58 an hour in 2024, up from ZAR 25.42, as announced by Employment and Labour Minister Thulas Nxesi. Minimum Wages in South Africa averaged 23.11 ZAR/Hour from 2019 until 2024, reaching an all time high of 27.58 ZAR/Hour in 2024 and a record low of 20.00 ZAR/Hour in 2019. source: Department of Employment and Labour - South Africa
Minimum Wages in South Africa is expected to reach 27.58 ZAR/Hour by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Minimum Wages is projected to trend around 29.40 ZAR/Hour in 2025 and 31.50 ZAR/Hour in 2026, according to our econometric models.