Minimum wage increased by 10 percent

A woman holds 03 July 2007 in Accra a wad new currency, the new cedi, that Ghana put in circulation that day, although the old money will still be valid until the end of the year. Currently, the cedi is one of the least valued currencies in Africa: 9000 cedis equal one US dollar. Ernest Addison, head of research at the Bank of Ghana, assured in November 2006 that the changeover was not a revaluation nor devaluation, and will not affect foreign exchange. AFP PHOTO / ISSOUF SANOGO (Photo credit should read ISSOUF SANOGO/AFP/Getty Images)

The national tripartite committee has increased the daily minimum wage from GHC8 to GHC8.80. The 10 percent increment takes effect from January 2017.

The decision was taken today, September 7, 2016 at a tripartite committee meeting which included Minister of Employment and Labour Relations, Haruna Iddrisu, National Employers Association and Organised Labour.

According to TV3’s Daniel Opoku, the tripartite committee agreed on the 10 percent increment due to the economic hardship and complaint by employers that they would not be able to pay workers a higher percentage.