Buckle up for a busy week South Africa
South Africa has entered an important week for the country's economy.
It began with the announcement of a proposed R3 500 minimum wage, with the decision on interest rates scheduled for Thursday afternoon, and then finally on Friday - the announcement by the first of the big three credit ratings agencies - namely Moodys.
Econometrix chief economist, Azaar Jamine, says they're also waiting to see what the Stats SA data will show when it comes to job creation.
He says those figures will be released today.
"Clearly one of the big fault lines of the economy at the moment is its inability to create jobs and to grow fast enough to create jobs, but also to overcome the structural impediment to job creation and in-fact the proposed minimum wage might be just such an impediment," he said.