GNFS contains domestic fire at Teshie LEKMA, no casualties recorded

November 3, 2026

• Public sector workers in Ghana are projected to experience real income improvements due to easing inflation preserving their purchasing power.
• Dr. Theo Acheampong of the Ministry of Finance stresses that the true measure of a salary adjustment is its real value after accounting for inflation, not just the nominal percentage.
• Historical data shows that in several past years, inflation significantly outpaced wage adjustments, leading to a decline in workers' real incomes.
• The trend is expected to reverse from 2025 onwards, with projected moderate inflation rates allowing for real wage gains despite seemingly lower nominal increases.
• The government's strategy focuses on sustainable wage adjustments coupled with inflation control to ensure workers' ability to meet their needs effectively.

November 2, 2026

• CEOs must intensify their focus in November and December to deliver strategic commitments and close performance gaps.
• Effective year-end performance relies on clear priorities, timely decisions, executive ownership, and consistent monitoring, not just pressure.
• Key strategies include reviewing organizational performance against targets and identifying critical results for delivery by December 31.
• CEO leadership actions involve convening executive teams to identify 3-5 top priorities and assign measurable outcomes to responsible executives.
• The final two months significantly influence an organization’s annual results, stakeholder confidence, and readiness for the next financial year.

November 2, 2026

• The upcoming national budget is highly anticipated, with job creation expected to be a major focus for Ghana.
• Ghana faces a dual challenge: persistent high unemployment/underemployment and a growing number of employed individuals who are poorly paid.
• The current national daily minimum wage (approx. GH₵550/month) is highlighted as insufficient for a decent standard of living amidst rising costs of basic necessities.
• The article advocates for the budget to simultaneously address sustainable job creation and a significant upward adjustment of the national minimum wage, arguing against incremental increases.
• It suggests that higher wages can stimulate economic growth through increased consumer spending and proposes complementary measures for businesses like tax incentives and affordable financing.