business

Ghana’s minimum wage rises to GH¢25.04 in 2027, GH¢28.79 in 2028

Ghana’s minimum wage rises to GH¢25.04 in 2027, GH¢28.79 in 2028

The National Tripartite Committee (NTC) has agreed to increase Ghana’s National Daily Minimum Wage (NDMW) to GH¢25.04 for 2027 and GH¢28.79 for 2028 following negotiations among the government, employers and organised labour. The agreement was jointly issued by the National Tripartite Committee and signed by the Minister for Labour, Jobs and Employment, Emmanuel Kwadwo Agyekum; Deputy Minister for Finance, Thomas Nyarko Ampem; President of the Ghana Employers’ Association, Nana Dr. Emmanuel Adu-Sarkodee Afrifie; and Secretary-General of the Trades Union Congress (TUC), Joshua Ansah.

The National Tripartite Committee (NTC) has agreed to increase Ghana’s National Daily Minimum Wage (NDMW) to GH¢25.04 for 2027 and GH¢28.79 for 2028 following negotiations among the government, employers and organised labour.

In a communiqué dated November 10, 2026, the Committee said the agreement followed extensive consultations and constructive dialogue among the tripartite partners.

The new minimum wage of GH¢25.04 will take effect on January 1, 2027, while the GH¢28.79 rate will become effective on January 1, 2028.

The Committee said the decision to adopt a multi-year negotiation framework was intended to promote predictability in wage determination, facilitate medium-term planning and budgeting, protect workers’ incomes and sustain industrial harmony.

Despite the two-year agreement, the Committee has indicated that it may reconvene to review the agreed rates if there are material changes in key economic indicators, including inflation, exchange rates and economic growth.

Any adjustments, it said, would be undertaken through tripartite consultations, guided by credible economic data and determined by consensus among the parties.

The Committee has also directed all establishments, institutions and organisations whose daily minimum wages are below the new rate to adjust accordingly, effective January 1, 2027.

It further urged employers to fully comply with the agreed minimum wage and called on the government to make the National Daily Minimum Wage tax-exempt.

The agreement was jointly issued by the National Tripartite Committee and signed by the Minister for Labour, Jobs and Employment, Emmanuel Kwadwo Agyekum; Deputy Minister for Finance, Thomas Nyarko Ampem; President of the Ghana Employers’ Association, Nana Dr. Emmanuel Adu-Sarkodee Afrifie; and Secretary-General of the Trades Union Congress (TUC), Joshua Ansah.

The Committee reaffirmed the commitment of government, employers and organised labour to improving workers’ living standards, promoting productivity, protecting employment, sustaining business competitiveness and strengthening industrial harmony.

  • wage
  • minimum
  • committee
  • ghana
  • national
  • rate
  • government
  • employer

Summaries and tags are generated automatically. Stay informed with VidiaNews.

Related news

IEA urges transparency in Ghana’s BRICS negotiations
business

IEA urges transparency in Ghana’s BRICS negotiations

The Institute of Economic Affairs (IEA) has urged the Government to ensure transparency in its planned negotiations to secure Ghana’s partner-country status in the BRICS bloc. The call was in a statement the IEA issued on November 9, following the Minister of Foreign Affairs, Mr Samuel Okudzeto Ablakwa, announcing on October 6 that Cabinet had approved Ghana’s application for BRICS partner-country status.

Read →
Vice President commends GACL’s role in Ghana’s economic transformation
business

Vice President commends GACL’s role in Ghana’s economic transformation

Vice President Professor Jane Naana Opoku-Agyemang has commended the Ghana Airports Company Limited (GACL) for its pivotal role in Ghana’s economic transformation through improved airport infrastructure, connectivity and services. A statement issued by the Office of the Vice President said she joined the Board, Management and Staff of GACL to celebrate two decades of connecting Ghana to the world, facilitating trade, tourism and investment, and contributing to national development.

Read →
Ghana’s traditional economic model has failed to deliver – Ato Forson
business

Ghana’s traditional economic model has failed to deliver – Ato Forson

Finance Minister Dr Cassiel Ato Forson has described Ghana’s traditional economic model as unsuccessful in delivering the desired development outcomes for citizens over the past 69 years, calling for a fundamental shift towards sustainable economic growth and job creation. The Finance Minister said temporary employment interventions such as the National Builders Corps (NABCO) and the Youth Employment Agency (YEA) could provide immediate relief but were not sustainable solutions to the country’s unemployment challenge.

Read →
GUTA calls for cheaper credit, lower business costs in 2027 Budget
business

GUTA calls for cheaper credit, lower business costs in 2027 Budget

The Ghana Union of Traders Associations (GUTA) has urged the government to introduce measures in the 2027 Budget to create a more enabling business environment, improve access to affordable credit and support private-sector job creation. Speaking on JoyNews’ The Pulse ahead of the budget presentation on Thursday, November 12, Vice President of GUTA Joseph Paddy said businesses needed practical support to expand production and create employment.

Read →
Ghana’s 2027 Budget: Three important policy questions about the New Economy
business

Ghana’s 2027 Budget: Three important policy questions about the New Economy

Introduction On November 12, 2026, Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, is expected to present the 2027 Budget, which the government is promoting as the beginning of a New Economy. The critical question is whether the forthcoming budget will deliver an increase of this magnitude or whether the New Economy will largely incorporate projects already included under the Big Push Infrastructure Programme, the 24-Hour Economy initiative and other existing commitments.

Read →