{"id":53260,"date":"2022-05-02T14:32:03","date_gmt":"2022-05-02T14:32:03","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/kenya-raises-minimum-wage-by-12-as-inflation-soars"},"modified":"2022-05-02T14:59:31","modified_gmt":"2022-05-02T14:59:31","slug":"kenya-raises-minimum-wage-by-12-as-inflation-soars","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/kenya-raises-minimum-wage-by-12-as-inflation-soars","title":{"rendered":"Kenya raises minimum wage by 12% as inflation soars"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Kenya’s President Uhuru Kenyatta has announced a 12% increase in the minimum wage to offset soaring living costs.<\/b><\/p>\n

This announcement on Sunday (May 1) comes a few months ahead of the presidential and parliamentary elections.<\/p>\n

Inflation hit a seven-month high in the East African country in April, mainly driven by soaring fuel and food prices, according to official figures.<\/p>\n

“We believe it is imperative to review the minimum wages to protect our workers from further deterioration,” Kenyatta told a Labour Day rally.<\/p>\n

The 12% increase, raises the minimum monthly wage from 13,500 Kenyan shillings (about 110.5 euros \/ 116 dollars) to 15,120 shillings (124 euros \/ 130 dollars).<\/p>\n

However, this is far from the 24% increase demanded by the main trade union organisation COTU (Central Organisation of Trade Unions-Kenya).<\/p>\n

The high cost of living is due to factors “beyond my control, such as the coronavirus pandemic and the Russian-Ukrainian conflict”, Mr Kenyatta said.<\/p>\n

He blamed his critics – including Deputy President William Ruto – for the government’s economic woes ahead of crucial general elections in August.<\/p>\n

President Kenyatta cannot stand for re-election after two terms but is backing his former rival Raila Odinga to succeed him.<\/p>\n

The presidential election on 9 August is expected to pit two favourites, Mr Odinga and Mr Ruto. The vice-president was initially nominated by Uhuru Kenyatta as his successor but was eventually dropped in favour of the historic opponent Odinga following a deal struck in 2018.<\/p>\n

Kenya’s finance minister unveiled a $28 billion budget last month aimed at turning around the economy amid high unemployment after the Covid-19 pandemic.<\/p>\n

Kenyans are facing rising prices for basic necessities such as food and fuel, a situation exacerbated by the war in Ukraine and droughts affecting several parts of the country.<\/p>\n

Inflation hit a seven-month high of 6.47% in April, up from 5.56% in March and 5.76% in April last year, according to the national statistics office.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Kenya’s President Uhuru Kenyatta has announced a 12% increase in the minimum wage to offset soaring living costs. This announcement on Sunday (May 1) comes a few months ahead of the presidential and parliamentary elections. 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