• Home
  • LABOUR
  • NEF wants national minimum wage reversed
Labour
Labour

NEF wants national minimum wage reversed

News in short
Jemima Beukes
The Namibian Employers Federation (NEF) has cried foul over the newly-introduced national minimum wage of N$18 per hour, effective January 2025, saying the consultations were incomplete and that concerns were not adequately considered before the decision was made.

In a statement on Wednesday, NEF called for a reversal of the wage order. "There is a need for further deliberations, and we want to see employers' submission through the federation taken into consideration. Following effective tripartite consultations and negotiations, we would like to see a bill drafted and tabled in Parliament after being reviewed by Cabinet and the Cabinet Committee for Legislation," president Elias Shikongo said.

He emphasised that the decision undermines the principle of collaboration between government, employers and workers in shaping labour policies.

The NEF added that it previously supported the introduction of a national minimum wage in principle, provided it was backed by extensive consultations and negotiations. It proposed an hourly minimum wage for employees not covered by sectoral minimum wages and conditions, with exemptions for certain cases.

"The NEF argues that a blanket national minimum wage could lead to retrenchments due to unaffordability and fail to account for productivity differences across sectors." The federation warned that incomplete consultations could lead to a lack of buy-in, further retrenchments, increased informality in the labour market and displacement of workers by technology.

It also questioned whether the labour ministry has the resources to ensure effective implementation, which it observed as a challenge faced by other jurisdictions with hastily-implemented national minimum wage measures.

Comments

Namibian Sun 2024-07-07

No comments have been left on this article

Please login to leave a comment

Currie Cup: DHL Western Province 25 vs 30 Vodacom Blue Bulls | Toyota Cheetahs XV 82 vs 20 NovaVit Griffons | Cell C Sharks XV 25 vs 26 Fidelity ADT Lions | Suzuki Griquas 24 vs 44 Airlink Pumas Rugby World Cup U20: Australia U20 12 vs 17 Italy U20 | South Africa U20 12 vs 31 Argentina U20 | England U20 48 vs 11 Fiji U20 | France U20 26 vs 27 New Zealand U20 | Wales U20 31 vs 10 Spain U20 | Ireland U20 22 vs 16 Georgia U20 F1: Great Britain GP First:Lewis Hamilton Mercedes 01:22:27 Second:Max Verstappen Red Bull + 00:00:01.465 Third:Lando Norris McLaren + 00:00:07.547 #N/A Currency: GBP to NAD 23.23 | EUR to NAD 19.68 | CNY to NAD 2.5 | USD to NAD 18.16 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.37 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.73 | ZWL to NAD 0.04 | BRL to NAD 3.32 | RUB to NAD 0.21 | INR to NAD 0.22 | USD to DZD 134.16 | USD to AOA 871.26 | USD to BWP 13.56 | USD to EGP 48 | USD to KES 127.98 | USD to NGN 1515.35 | USD to ZAR 18.23 | USD to ZMW 24.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1791.53 Down -0.7% | Casablanca Stock Exchange (CSE) MASI 13367.73 Up +0.54% | Egyptian Exchange (EGX) 30 Index 28364.79 Up +0.72% | Botswana Stock Exchange (BSE) DCI 9380.4 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 391.62/OZ UP +1.48% | Copper US$ 4.67/lb UP +2.36% | Zinc US$ 3 017.00/T UP 0.01% | Brent Crude Oil US$ 87.46/BBP DOWN -0.0079 | Platinum US$ 1 027.76/OZ UP +2.82% #N/A