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Tuesday, November 27, 2018

South Africa Increases Minimum Wage To N126,480

As Nigeria struggles with N30,000 minimum wage, its counterpart, South Africa has concluded plans to pay her workers N126,480 per month.

This according to the South African President Cyril Ramaphosa, would take effect from January 1, 2019 and would benefit about six million workers that currently earn R3,700 (N97,495).

A report says that one South African Rand exchanges for N26.35. This according to the report means that South African workers would be earning N527 per hour: N4,216 per day and N126,480 per month.

3 comments:

  1. Just 6 million workers? No work for that side don't be deceived. Reason their nationals will rather be in naija.

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