Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Kenya Plans to Increase Minimum Wage by 10%, Business Daily Says

April 7 (Bloomberg) -- Kenya’s government is discussing a plan to increase the minimum wage by 10 percent, Business Daily reported, citing Labour Minister John Munyes.

The least-paid workers in Kenya earn 8,364 shillings ($99) to 10,606 shillings per month, the Nairobi-based newspaper said. The Central Organization of Trade Unions, the main umbrella body for the country’s labor unions, is seeking a 60 percent increase in wages, it said.

Kenyan inflation surged to 9.2 percent in February from 6.5 percent a month before, as food prices jumped, the Kenya National Bureau of Statistics said on March 30. The data was released a week after the central bank raised its key lending rate by a quarter of a percentage point to 6 percent and warned that food and fuel costs may push inflation higher still.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.