List of minimum wage in African countries in Dollars.
Bola Tinubu’s recent meeting with representatives from the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) has sparked discussions about a potential increase in the country’s minimum wage. The existing minimum wage of N30,000 ($39.04), established in 2019 after the passage of the Minimum Wage Bill by the National Assembly, could see an upward revision in the near future
As the conversation surrounding minimum wages gains momentum in Nigeria, it’s essential to look at how other African nations fare in terms of minimum wage standards.
Here’s a glimpse into the minimum wage in african countries in dollars.
1. Seychelles: Topping the list with the highest minimum wage in Africa, Seychelles sets the bar at N327,594 ($426) per month. The nation’s small population and thriving tourism industry contribute to its ability to provide such a relatively high minimum wage.
2. Morocco: Following closely, Morocco enforces a minimum wage of N276,840 ($360). With its significant presence in sectors like agriculture, manufacturing, tourism, and mining, Morocco has established itself as a regional economic force.
3. Libya: The third spot belongs to Libya, where the minimum wage stands at $325. This relatively stable labor market boasts an eight-hour workday, signifying a commitment to regulated working hours.
4. Gabon: In Gabon, the minimum wage is set at $255 per month. However, the nation faces challenges with labor laws enforcement, resulting in cases where workers report earning less than the stipulated minimum wage.
5. Mauritius: With a minimum wage of $251, Mauritius maintains a flexible labor sector that emphasizes finance, tourism, and other service-related industries.
6. South Africa: As the continent’s sixth highest-paying nation, South Africa implements a minimum wage of $242. The country has undergone labor law transformations since the end of apartheid, pursuing greater equality and economic openness.
7. Equatorial Guinea: Equatorial Guinea’s minimum wage of $200 is the lowest on this list. The nation’s petroleum reserves contribute to its economic standing, but the labor laws exhibit a more dictatorial nature, with limited workers’ rights.
8. Djibouti: Djibouti’s labor landscape differs from others; the country doesn’t have a national minimum wage. Instead, employers and employees negotiate wages as part of their employment contracts. Public sector workers receive a minimum wage equivalent to about $198 per month.
9. Kenya: The East African giant, Kenya, enforces a minimum wage of $178. Its economy ranks as one of the largest in East Africa, focusing on a range of service offerings.
10. Egypt: Egypt’s legal monthly minimum wage is $172. The nation boasts major business centers like Cairo, Alexandria, and Sharm el-Sheikh.
11. Algeria: Rounding off the list, Algeria enforces a minimum wage of $170. The country’s stable labor relations and economic atmosphere have attracted workers from across North Africa and Asia.
As Nigeria considers an upward revision of its minimum wage, these examples from across the continent showcase the diverse approaches nations take to address worker compensation, reflecting their unique economic circumstances and labor landscapes.
That is all for now on minimum wage in african countries 2023.
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