Presidential Decree nº. 152/24, of July 17, was published. It comes into force in September 2024 and sets the new amount of the National Minimum Wage. According to this law, the amount of the National Minimum Wage is set at Kz. 70,000.00 (seventy thousand Kwanzas) and is updated again to Kz. 100,000.00 (one hundred thousand Kwanzas) after one year from the date of its entry into force.
However, a lower minimum wage is established for micro-enterprises and start-ups, which is set at Kz. 50,000.00 (fifty thousand Kwanzas).
Also according to this law, companies that do not have the financial capacity to support the amount of the National Minimum Wage can request authorization from the Ministry of Public Administration, Labour and Social Security (MAPTESS) to temporarily practice lower wages.
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