Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

DRC: Employers Federation Concerned by Recent Daily Minimum Wage Increase

DRC: Employers Federation Concerned by Recent Daily Minimum Wage Increase

The Employers Federation of Congo (FEC) recently expressed concerns over doubling the daily minimum wage to $5 in the Democratic Republic of Congo (DRC). On December 31, 2024, Minister of Labor, Éphraïm Nametu, issued a decree to ratify the increase.

In response, the FEC, in a letter dated January 14, 2025, lauded the move but raised several legal concerns that require harmonization with existing laws and regulations. In the letter, the FEC’s Secretary General requested a meeting with Minister Nametu to ensure that the laws regulating the minimum wage amendment are respected. The FEC thus implies that the ministerial decree fails to meet these laws.

While Minister Nametu has not commented on the FEC’s concerns yet, the wage increase is expected to take effect next month. It is worth noting that the government, the FEC, and the country’s Unions held a social dialogue last October.

This article was initially published in French by Pierre Mukoko

Edited in English by Ola Schad Akinocho

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
drc-approves-8-billion-sino-congolese-industrial-city-after-delayed-negotiations
DRC Council of Ministers approves collaboration agreement for $8 billion Sino-Congolese Industrial City featuring 1,200 factories across 5,000...
eccas-gives-drc-second-chance-after-late-commission-candidate-submissions
ECCAS gives DRC and Equatorial Guinea a second chance after candidates were rejected for late file submissions to the regional...
ivorian-construction-giant-schiba-eyes-drc-infrastructure-opportunities
Ivorian SCHIBA Group expresses interest in road and energy infrastructure projects in DRC amid the country's infrastructure deficit  Group...
rawbank-partners-with-world-bank-program-to-channel-70-million-to-women-entrepreneurs
Rawbank selected as one of ten banks to manage grants for World Bank-funded women entrepreneur program in DRC Partnership will facilitate $70 million...

African Economies

MOST READ

Please publish modules in offcanvas position.