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Wednesday, 29 May 2024

Ten African countries with highest minimum wage


 

Ten African countries with highest minimum wage



The Labour Unions and the Federal Government  are engaged in negotiations on in increase in the minimum wage in Nigeria.

The Federal Government is proposing to pay N60,000 ($42.84) a month as minimum wage, an almost 80% jump in the wage.

 

Organised Labour has said it will not accept anything less than N100,000 ($68.09) as minimum wage as the negotiations between its representatives and the Federal Government heighten.

According to a Wisevoter report, Seychelles boasts the highest estimated minimum gross monthly wage, standing at $465.4. Following closely are Libya and Morocco in the rankings.

Here is the list of 10 African countries with the highest minimum wage:

1. Seychelles – $465.4      /    Global rank: 38th

2. Libya – $321.83      /    Global rank: 45th

3. Morocco – $314.7      /    Global rank: 47th

4. Gabon – $270.5      /    Global rank: 50th

5. Equatorial Guinea – $211.54      /    Global rank: 58th

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6. Algeria – $140.14      /    Global rank: 72nd

7. Cape Verde – $139.46       /    Global rank: 73rd

8. Kenya – $130.57      /    Global rank: 75th

9. Mozambique – $113.8       /    Global rank: 79th

 

10. Lesotho – $109.62       / Global rank: 80th

 

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