wage

Imagine a lively meeting hall in bustling Accra, where the air is thick with anticipation and the focus of many eyes rests on a single stage. Here, on February 20th, 2025, the nation's economic pillars convened to address a matter close to many hearts and wallets: the anointment of the National Daily Minimum Wage (NDMW) for 2025. This pivotal announcement took shape in a formal communiqué circulated by the National Tripartite Committee (NTC), a document signed by the very stakeholders who dictate the rhythm of Ghana's…

After months of intense back-and-forth, the government, alongside trade unions and business leaders, finally reached a consensus. Employers were firm in their demand for the creation of the National Wages Council before any chatter about pay hikes could occur. Meeting them halfway, Dr. Mutua officially announced the formation of the council and others in different sectors, laying the groundwork for an orderly rollout of wage boosts. Big news hit the streets—minimum wages are bumping up by 6% effective from October 12, 2024.…