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HomeNewsMalawi government announces 40% minimum wage increase

Malawi government announces 40% minimum wage increase

By Shaffie A Mtambo

The Malawi government has announced a 40% increase in the minimum wage for various categories of workers.

Minister of Labour Peter Dimba revealed the revision, citing factors such as kwacha devaluation, economic growth, inflation, forex shortages, and bank lending rates that were considered in determining the new rates.

The new minimum wage rates include a general minimum wage of K126,000 per month, up from K90,000. Domestic workers will now earn a minimum of K72,800 per month, up from K52,000. Micro-enterprise workers will see their minimum wage increase to K105,000 per month from K75,000.

Dimba



Truck drivers will also benefit from the wage revision. International truck drivers driving 30 tonnes and above will earn a minimum of K328,300 per month, up from K234,500. Local truck drivers will see their minimum wage rise to K234,500 per month from K167,500, while drivers of trucks below 30 tonnes will earn a minimum of K140,700 per month, up from K100,500.

Additionally, the government has introduced a new category for shop workers in shops with an annual turnover of K500 million or more, with a minimum wage set at K150,000 per month.

The Malawi Congress of Trade Unions had proposed a 100% increment, while the Employers Consultative Association of Malawi had suggested a 30% adjustment.

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