10 March 2008

Ghanaians Happy With New Minimum Wage

A cross-section of Ghanaian public servants that the Chronicle Business news spoke to in Accra, after the daily minimum wage was increased have expressed satisfaction with the National Tripartite Committee for the increase.

They said this increment would help to boost their purchasing power.

One civil servant, Kwodwo Odametey was, however, quick to add that traders should not take advantage of this to increase prices of items.

"The last time the minimum wage was increased, traders also increased the prices of their items and we don't want this, this time," he said.

The National Tripartite Committee announced on Wednesday that the daily minimum wage of Ghana has gone up by 18.42 per cent. The committee pegged the new wage at 2.25 Ghana cedis, up from 1.9 Ghana cedis.

Presenting the communiqué to the press, Nana Akomea, Minister of Manpower, Youth and Employment said the effective date for the implementation of the new wage was March 1, 2008.

He advised all Institutions, Organizations and Establishments that currently pay below the new minimum wage to adjust their wages accordingly.

The communiqué, signed by Nana Akomea, Mrs. Rose Karikari Anang, Executive Director of Ghana Employers' Association and Mr. Kofi Asamoah, Acting Secretary-General of the Trades Union Congress, reiterated the commitment of the social partners to the determination of a living wage that would take into account productivity at all levels.

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