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

2027 Budget: How Mahama plans to turn Ghana’s fortunes with $10bn ‘New Economy’ plan
business

2027 Budget: How Mahama plans to turn Ghana’s fortunes with $10bn ‘New Economy’ plan

Ghana’s next phase of economic management is expected to place greater emphasis on what the economy produces, how much it processes locally and the jobs its industries can create, as the government prepares to roll out a US$10 billion investment programme over four years. It is expected to feature prominently in the 2027 Budget, which Finance Minister Dr Cassiel Ato Forson is scheduled to present to Parliament on Thursday, November 12.

Read →
Account for failed 24-hour Economy before selling us ‘new 24-hour economy’ slogan – Dr. Amin Adam to Finance Minister
business

Account for failed 24-hour Economy before selling us ‘new 24-hour economy’ slogan – Dr. Amin Adam to Finance Minister

Former Finance Minister, Dr. Mohammed Amin Adam, has fired a major salvo at the government ahead of tomorrow’s presentation of the 2027 Budget, demanding that the Finance Minister first account for the failed promises of the 24-Hour Economy before asking Ghanaians to embrace the new “New Economy” slogan. In a blistering open letter released today, Dr. Amin Adam accused the government of celebrating a “paper economy” while the “pocket economy” of ordinary Ghanaians continues to hurt, citing a KPMG pre-budget survey in which 71% of respondents named jobs and youth employment as their top…

Read →
We need government to spend to stimulate growth – Bokpin
business

We need government to spend to stimulate growth – Bokpin

Economics Professor Godfred Alufar Bokpin has urged the government to spend to stimulate growth, warning that cuts to expenditure are delaying the benefits of economic stability for Ghanaians. Prof Bokpin said the government’s stabilisation approach had relied heavily on spending cuts in both 2025 and 2026.

Read →
Global fertilizer prices to drop 12% in 2027, offering potential relief to Ghanaian farmers
business

Global fertilizer prices to drop 12% in 2027, offering potential relief to Ghanaian farmers

Ghana’s agricultural sector could benefit from an anticipated decline in global fertilizer prices in 2027, potentially easing input cost pressures on farmers and supporting food production, although lingering geopolitical tensions and shipping disruptions could undermine the expected relief. The World Bank’s projections therefore point to a potentially more favourable global fertilizer market in 2027, but the extent to which Ghanaian farmers benefit will depend on how international price movements translate into local market prices and access to agricultural inputs.

Read →