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    Public sector salaries up 9%; minimum wage now GH¢21.77

    Public sector salaries up 9%; minimum wage now GH¢21.77

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    Emelia Arthur Reaffirms Govt’s Commitment to Completing Anomabo Fisheries College

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    BoG registers 100+ crypto firms under new regulation

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    The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

    BoG registers 100+ crypto firms under new regulation

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    Public sector salaries up 9%; minimum wage now GH¢21.77

    Public sector salaries up 9%; minimum wage now GH¢21.77

    Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

    Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

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    Mfantsipim’s NSMQ Win Boosts Educational Pride in Central Region – MOBA Regional President

    Economist and Senior Lecturer at the University of Ghana Business School, Dr. Patrick Asuming, has urged government to increase investment in irrigation infrastructure as a long-term strategy to maintain Ghana’s single-digit inflation.

    Irrigation, Not Rain, Can Keep Inflation Low — Prof. Asuming

    State Funeral for Former First Lady Nana Konadu Agyeman-Rawlings Set for November 28

    State Funeral for Former First Lady Nana Konadu Agyeman-Rawlings Set for November 28

    Minister for Fisheries and Aquaculture Development, Emelia Arthur, has reaffirmed the government’s commitment to completing the Anomabo Fisheries College, a project first conceptualized by the late President Prof. John Evans Atta Mills and later advanced by former President John Dramani Mahama in 2013.

    Emelia Arthur Reaffirms Govt’s Commitment to Completing Anomabo Fisheries College

    General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has called on President John Dramani Mahama to declare a state of emergency over the worsening illegal mining menace, popularly known as galamsey.

    Declare State of Emergency on Galamsey Now — NPP’s Kodua Tells Mahama

    President John Dramani Mahama says Ghana is on track to boast the best road network in West Africa within the next two years, driven by his government’s flagship Big Push infrastructure initiative.

    Mahama Projects Ghana to Have West Africa’s Best Roads Within Two Years

    The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

    BoG registers 100+ crypto firms under new regulation

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    Nurse gets life in prison for killing 10 elderly patients

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    The Bank of Ghana (BoG) has registered more than 100 virtual asset service providers (VASPs) under a new policy framework designed to regulate the country’s expanding cryptocurrency market. The move is part of Ghana’s Policy Position on Virtual Assets and Service Providers, released by the central bank in November 2025. It marks Ghana’s first national framework for the oversight of virtual assets such as cryptocurrencies, tokens, and blockchain-based services. According to the Bank, a registration exercise conducted in July 2025 identified over 100 companies offering services such as crypto exchange, wallet management, brokerage, and investment advisory to more than three million users nationwide. To strengthen supervision, the BoG will establish a Virtual Assets Regulatory Office (VARO) to coordinate with agencies including the Securities and Exchange Commission (SEC), the Financial Intelligence Centre (FIC), the Ghana Revenue Authority (GRA), and the National Communications Authority (NCA). “The Bank recognises that virtual assets can no longer remain outside Ghana’s financial regulatory remit,” the policy document stated. The framework shifts Ghana’s stance from caution to regulation. Previously, in 2018 and 2022, the BoG warned that cryptocurrencies were not legal tender and directed financial institutions to avoid processing crypto-related transactions. Under the new regime, Ghana’s regulatory approach will be risk-based and activity-specific, meaning that high-risk activities such as crypto trading and custody will undergo stricter licensing, while low-risk services will go through simplified procedures. Although virtual assets will not be recognised as legal tender, the Bank says the new policy aims to balance innovation, consumer protection, and financial stability, while mitigating risks such as money laundering, fraud, and terrorism financing. The policy also introduces the National Virtual Assets Literacy Initiative (NaVALI), which will promote financial education and responsible crypto usage among young Ghanaians — the country’s largest group of digital asset users. Ghana’s move aligns with international standards set by the Financial Action Task Force (FATF), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS), placing it among Africa’s emerging leaders in regulated digital finance.

    BoG registers 100+ crypto firms under new regulation

    Inflation down to 8% as food prices ease — GSS

    Inflation down to 8% as food prices ease — GSS

    Sudan RSF chief promises investigation as anger mounts over el-Fasher killings

    Sudan RSF chief promises investigation as anger mounts over el-Fasher killings

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Public sector salaries up 9%; minimum wage now GH¢21.77

Mabel Boamah by Mabel Boamah
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Public sector salaries up 9%; minimum wage now GH¢21.77
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The government has approved a nine percent (9%) salary increase for all public sector workers under the Single Spine Salary Structure (SSSS) for the 2026 fiscal year.

In addition, the National Tripartite Committee has agreed to raise the National Daily Minimum Wage from GH¢19.97 to GH¢21.77, representing a 9% upward adjustment.

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Both the salary and minimum wage increases take effect from January 1 to December 31, 2026.

The agreement was reached and signed yesterday between the Government, represented by the Fair Wages and Salaries Commission (FWSC) and the Ministry of Finance (MoF), and Organized Labour after successful negotiations aimed at ensuring industrial harmony and supporting Ghana’s economic recovery efforts.

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In a statement, the Minister of Finance, Dr. Cassiel Ato Forson, commended Organized Labour for their cooperation and patriotism throughout the negotiation process. He noted that the increment aligns with the government’s broader strategy to sustain economic stability and improve living conditions for workers.

“The government remains committed to stabilizing the economy, reducing inflation, and ensuring fair compensation for public sector workers,” Dr. Forson said, adding that the 9% increase reflects progress made under the 2025 base pay commitments.

The Minister of Employment and Labour Relations, Dr. Abdul-Rashid Pelpuo, also lauded both parties for the constructive dialogue that led to the agreement. He emphasized that the government remains dedicated to maintaining labor peace while balancing fiscal discipline.

Read Also: Nurse gets life in prison for killing 10 elderly patients

The Chief Executive Officer of the Fair Wages and Salaries Commission (FWSC), Dr. George Smith-Graham, expressed appreciation to Organized Labour for contributing to Ghana’s ongoing economic recovery while urging continued collaboration in the years ahead.

On his part, the Secretary-General of the Trades Union Congress (TUC), Joshua Ansah, acknowledged the sacrifices of workers in accepting the 9% increase. He appealed to the government to avoid introducing new taxes or tariff hikes that could undermine the impact of the wage adjustment.

“We urge the government to honor all commitments made during the negotiations to protect workers’ welfare,” Mr. Ansah said.

Signing of the Agreement

A communiqué on the new National Daily Minimum Wage was jointly signed by Dr. Abdul-Rashid Pelpuo and Dr. Cassiel Ato Forson for the government, Dr. Emmanuel Adu-Sarkodie for the Ghana Employers Association, and Joshua Ansah for Organized Labour.

The Base Pay Agreement under the SSSS was separately signed by Dr. George Smith-Graham for the government and Mr Joshua Ansah for Organized Labor. The signing was witnessed by Dr. Isaac Bampoe Addo, Executive Secretary of the Civil and Local Government Staff Association, Ghana (CLOGSAG).

The new wage adjustments are part of the government’s ongoing effort to improve working conditions, reduce labor disputes, and bolster confidence in the country’s post-recovery economy.

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Tags: Economic RecoveryGhana EconomyMinimum WagePublic Sector PayWorkers Rights
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Public sector salaries up 9%; minimum wage now GH¢21.77

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0
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Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

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Irrigation, Not Rain, Can Keep Inflation Low — Prof. Asuming

0
Public sector salaries up 9%; minimum wage now GH¢21.77

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Mfantsipim’s NSMQ Win Boosts Educational Pride in Central Region – MOBA Regional President

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Irrigation, Not Rain, Can Keep Inflation Low — Prof. Asuming

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Recent News

Public sector salaries up 9%; minimum wage now GH¢21.77

Public sector salaries up 9%; minimum wage now GH¢21.77

November 10, 2025
Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

November 10, 2025
Mfantsipim’s NSMQ Win Boosts Educational Pride in Central Region – MOBA Regional President

Mfantsipim’s NSMQ Win Boosts Educational Pride in Central Region – MOBA Regional President

November 7, 2025
Economist and Senior Lecturer at the University of Ghana Business School, Dr. Patrick Asuming, has urged government to increase investment in irrigation infrastructure as a long-term strategy to maintain Ghana’s single-digit inflation.

Irrigation, Not Rain, Can Keep Inflation Low — Prof. Asuming

November 7, 2025

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Recent News

Public sector salaries up 9%; minimum wage now GH¢21.77

Public sector salaries up 9%; minimum wage now GH¢21.77

November 10, 2025
Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

Government Slashes Passport Fees to GH₵350 to Ease Financial Burden on Citizens

November 10, 2025
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