Rédaction Africa Links 24 with Evelyn N
Published on 2024-02-26 10:52:16
After extensive negotiations between the Minister of Labour and Social Security and representatives from the private sector, the Cameroonian government has announced a slight increase in the minimum wage. The new rate is now set at 43,900 CFA francs (approximately $69 USD), up from the previous 41,000 CFA francs (about $64 USD). This update, signed by Prime Minister Dr. Dion Ngute, specifically targets the informal sector.
While some labor organizations had hoped for a higher increase in the minimum wage, this adjustment does represent progress in addressing concerns related to rising living costs and stagnant wages. Cameroon has been grappling with rising inflation due to factors such as the global food and energy crises, placing a significant burden on low-income individuals, particularly those in the informal sector.
“This change shows that the government is taking into account the issues raised by workers, especially those in the informal sector who are often the most vulnerable,” said a Civil Society Activist in an interview. However, they noted that the increase may not be sufficient to ensure a decent standard of living for all Cameroonians.
Private sector stakeholders had differing reactions to the minimum wage increase. Some welcomed the government’s willingness to engage in dialogue, while others expressed concerns about the potential impact on small businesses. “Any rise in labor costs can pose challenges for small businesses, especially those already struggling with economic uncertainty,” explained a small business owner in Douala.
Government officials have stated that the new minimum wage was carefully calculated to strike a balance between the interests of workers and businesses.
As discussions on the adequacy of the minimum wage increase continue, it is clear that the issue of rising living expenses and stagnant wages is a significant concern for many individuals in Cameroon. It remains uncertain whether this recent adjustment will effectively alleviate the financial strain on low-income earners and ensure a decent quality of life for all.
Read the original article(French) on Mimi Mefo Info
