Skip to main content

2009 Minimum Wage up by 18%

… Are workers enthused?

By Bernard Ato ARTHUR
After exhaustive consultations for over the past four weeks, the National Tripartite Committee (NTC) has agreed on an increase on the 2008 National Daily Minimum Wage, which stood at Gh¢2.25 with effect from April 1, this year.

The committee, which started a series of meetings late February this year, concluded its negotiations on the 2009 daily minimum wage last Friday, April 3.

Kofi Asamoah, the secretary-general of the Ghana Trades Union Congress (TUC) disclosed that there was serious agitation at certain points of negotiations because government had budgeted for a 12.5% increase and argued that if it is pushed further it will affect government’s expenditure for the year.

He also blamed the delay in determining the new minimum wage largely on the political transition process. The sub-technical committee also works out modalities to restore the face value lost as a result of inflation, among other things.

In a communiqué issued and signed by Stephen Amoanor Kwao, Minister for Employment and Social Welfare, Alex Frimpong, acting Executive Director of Ghana Employers Association and Kofi Asamoah, Secretary-General of TUC, it is noted that the minimum wage is tax exempt, and all institutions and establishments which currently pay below the new wage are mandated to adjust wages accordingly.

While a cross-section of workers who spoke to BusinessWeek noted that they had anticipated government would have been much more magnanimous to workers, a labour analyst noted that the time is rife for government to desist from invariably calling on labour to make sacrifices.

Government has therefore been admonished to consider areas of the national budget where cuts can be made to cushion labour in next year’s public spending plans.

“The government knows the untold economic hardship that workers in the country endure, we therefore need to be sufficiently motivated in order to give off our best,” some workers lamented.

Comments

Popular posts from this blog

UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities

 In a significant boost to UK-Ghana trade and investment relations, the UK-Ghana Chamber of Commerce (UKGCC), in partnership with the UK-Ghana Jobs and Economic Transformation (JET) Programme, has launched the UK-Ghana Trade Resource Centre, a practical market-access platform designed to help businesses identify opportunities, navigate export requirements and build commercial partnerships between Ghana and the United Kingdom. The UK and Ghana enjoy strong trade relations, with total bilateral trade reaching approximately £1.6 billion in the year to Q1 2026. Yet, despite this progress, significant untapped opportunities remain for businesses in both countries. The Trade Resource Centre has been established to help bridge information gaps, connect businesses with the right partners, and support firms to take greater advantage of opportunities under the UK-Ghana Trade Partnership Agreement. The launch formed one of the major outcomes of the UK-Ghana Trade & Investment Summit 2026,...

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican...

NESCAFÉ Launches Real Vibes Text & Win Promo to Reward Coffee Consumers Across Ghana

 NESCAFÉ has launched the Real Vibes Text & Win Promo, an exciting consumer promotion designed to reward loyal coffee lovers and bring the brand’s My Coffee, My Vibe experience even closer to consumers across the country. Running from September to December, the promotion gives consumers the opportunity to enjoy their favourite NESCAFÉ coffee while standing a chance to win exciting prizes, including phones, motorcycles, airtime and the ultimate grand prize—an electric SUV. Speaking at the launch, Lily Ntim, Category Development Manager for NESCAFÉ, said the promotion reflects NESCAFÉ’s commitment to creating, rewarding and memorable experiences for consumers. “Today, we are excited to introduce the NESCAFÉ Real Vibes Text & Win Promo, a campaign designed to bring the My Coffee, My Vibe experience even closer to our consumers,” she said. She added that the campaign is not only about prizes, but also about celebrating the everyday moments consumers enjoy with their coffee. “T...