uth africa finance minister limits wage increase amid falling inflation

South Africa's Finance Minister, Enoch Godongwana, has stated that the government's recent offer of a 4.7% wage increase to public servants may not be subject to further increases.

Godongwana addressed lawmakers in Cape Town, emphasizing that the current economic conditions prevent the government from guaranteeing a higher final offer.

The trade unions are still considering the initial proposal, but the minister's remarks suggest that any potential adjustments may be limited by budgetary constraints.

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