Mutharika among best paid African Presidents -Ranking
Malawi President Peter Mutharika has been named among best paid president in Africa according to a research by Africa Review.
The Africa Review has compiled and analysed salaries of African leaders to try and see what they tell about the relationship between those in power and the governed.
The research which suggests that leaders of poor countries tend to pay themselves more than those in higher-income countries revealed that Mutharika earns $75,540 yearly.
The search shows that only a few countries make public what they pay their leaders – a key finding itself that suggests a lack of transparency.
Mutharika has been said to be getting over a 100 times over the average amount that a Malawian gets in a year, he is therefore President of one of the most unequal countries in the world in which the ruling class celebrates while the common people suffer – Mapwevupwevu factor!.
The Malawi leader increased his salary to K2.7 million ( $5,263 ) a month but in a “voluntary arrangement” he is still getting the K1.5 million a month “until economic situation improves.”
Finance and Economic Development Minister Goodall Gondwe told Nyasa Times the President deferred their new pay package amid austerity measures following foreign aid flight.
The salary hike exposed in the media, had shock waves to Malawians as the country is facing economic turmoil.
Paul Biya, President of Cameroon tops the list of best paidAfrican leaders, earning 229 times what an average Cameroonian earns, followed by Ellen Johnson Sirleaf of Liberia who earns 113 times what her average citizen earns.
Rather than simply rank the leaders based on absolute figures, The Africa Review decided to compare their gross annual salaries with the Gross National Income of their countries – basically comparing the leader’s pay with what their nationals, on average, earn.
Overall, it appears that leaders of poor countries tend to pay themselves more than those in higher-income countries.
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adziwa ndi mulungu basi
How strange this is: where have you got your report of APM getting $75,540 pa? It seems this is pure propaganda because even the top 15 highly paid presidents APM is not there and even E Lungu and Paul Biya whose media power house is rating him as topping the group with an annual salary of $610,000 is not there. The list is as follows (top 15): 1. J. Zuma (SA) $272,280; 2. Boutefrica (Algelia), $168,000; 3. Kenyatta (Kenya), $132,000; 4. I. Dhoinine (Comoros), $115,000; 5. S. Nguesso(Rep. of Congo), $110,000; 6. Pohamba (Namibia), $110,000; 7. Alli Zedane (ex PM… Read more »
Good job exposing the incompetent journalist(s), and this website full of jealousy.
APM can afford to give up all his wages from his current job; and live probably more than adequately from his US pension, etc.
You’re telling us that Mutharika gets $75,000/annum yet Jacob Zuma gets $ 200 000 a year so is that in the same league though some can argue about the defference in the sizes of economies of the two countries. Now what about the other Heads of States?
This is useless article to start with, where in the world can you compare an average person like me with the head of state. You were supposed to put the list of presidents & how they earn not say that they were comparing to an average man. We are talking of The Chief Executive Officer of the Country here.
Inutu mulibe nkhani spa, mmalo momuthandiza president mwayamba kulimbana Naye,nzosathandiza mkomwe
Am not a fan of Peter but his salary is not that high. Executives in most companies are earning more than that.
This is total nonsense. Anthu ogulidwa kuti muononge mbiri ya APM, AGALUINU. APM gets K1.5 million a month and calculate it if he can match with any President in Africa who gets as low as APM. Njiru mufanazo mbuziinu. If anything APM is lowly paid among African Leaders.
mwangodana naye mutharikayo and a nyasa let mi assure u nkhondo imene mwaiyamba yolimbana ndi APM simuikwanisa mugwanayo….wat iz 1.5m? find out kut humphrey mvula ali ku shire bus line amalandira zingati? zakumachende basi