How the national minimum wage has weighed on Workforce Holdings
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Labour services group, Workforce Holdings released interim results on Monday, reporting a 7.7% rise in revenue, but their headline earnings per share came in 6% lower to 18.5 cents. That is as the company battles with a weak economic environment and a slowdown in government spending on infrastructure. Business Day TV touched base with the CEO, Ronny Katz and asked him what was it that has impacted the growth and preventing it from filtering all the way through, to bottom line.