Ghana's daily minimum wage to rise to GH¢25.04 in 2027

Employers across Ghana will be required to pay workers a minimum of GH¢25.04 a day from January 1, 2027, following an agreement to increase the National Daily Minimum Wage. The amount will rise further to GH¢28.79 in January 2028 as part of efforts to improve workers’ incomes and help them cope with the rising cost of living. The decision was reached by the National Tripartite Committee, comprising representatives of the government, employers and organised labour. In a statement released on November 10, 2026, the Committee directed all businesses and institutions currently paying workers below the approved minimum wage to adjust their payments effective January 1, 2027. The agreement means employers cannot pay eligible workers less than the approved daily minimum wage, although they are free to pay higher amounts. According to the Committee, announcing wage increases for two years is intended to give workers and businesses enough time to plan their finances. How a $25,000 loan helped start Fidelity Bank It explained that the agreed rates could be reviewed in the event of significant changes in inflation, exchange rates or economic growth. However, any adjustments would require fresh discussions and an agreement among the government, employers and organised labour. The Committee also called on the government to exempt the National Daily Minimum Wage from taxation to enable low-income workers to retain more of their earnings. Lower inflation means little when Ghanaians still struggle – Economist It further urged employers to comply with the new rates, stressing that the agreement is aimed at improving living conditions, protecting jobs and maintaining harmonious relations between workers and employers. DR/MA BoG Governor Gives Ghanaians Christmas Cedi Assurance | What He Promised Source: www.ghanaweb.com
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