More Hardship For Ghanaians: List of Basic Essentials Your Minimum Wage Cannot Buy Finally Drops and Causes Stir -Check Out Why Ghc14.88 Increment Useless
The GH¢14.88 minimum wage shows a GH¢1.35 increase from the GH¢13.53 minimum wage in 2022.
A minimum wage is a wage below which no worker in Ghana should be paid.
“The committee concluded on the need to increase the national daily minimum wage by 10 percent over the 2022 national daily minimum wage which translates into a new national daily minimum wage of GH¢14.88 pesewas and a cost-of-living allowance of 15 percent over the 2023 national daily minimum wage,” a statement by the Committee read.
Inflation for food, household equipment, toiletries, cereals, and other essential items has more than doubled.
With a minimum wage of less than GH¢15, the average Ghanaian who earns according to the minimum wage may not be able to afford the following essential items.
The price of bread has skyrocketed from GH¢5 to between GH¢15 and GH¢18. The increase in the price has been attributed to the increase ,in the price of flour, butter, sugar and other ingredients.
I kilogram rice
Currently one kilogram of rice sells between GH¢20 and GH¢25.
The price of popular body cream brands has gone through the roof to sell at above GH¢ 20.
Transportation specifically trotro
Commercial buses, popularly known as ‘Trotro’ was considered a cheaper transport option for the majority of Ghanaians until recent times. However, with more than three increments in the cost of transportation this year, trotro has become quite expensive for many Ghanaians.
Others are: Underwear, Toilet roll
A decent lunch