Earlier this month, the Ghana Private Road Transport Union (GPRTU) announced a possible increase in fares due to increment in the prices of spare parts.
The Abossey Okai Spare Parts Dealers Association however denied any price increase of their products.
But the GPRTU insists prices of vehicle spare parts have gone up in recent times, hence the need to adjust transport fares.
Speaking on 3FM’s Business Daily, General Secretary of the GPRTU, Issah Khalifa says the union is likely to announce new fares by the end of the week, depending on the level of consultations with the various stakeholders
“Fares review will happen within the week, but I cannot speculate by what margin or what percentage it’s going to be increased…we are going to look at all the variables before we decide.”
He underscored that there is a committee that reviews fares every six month, which he said consists of the Transport Ministry and the various transport operators.
An Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow (YALI) who studied at Clark Atlanta University on the Business and Entrepreneurship track. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morganview all posts by: Nana Kwesi Coomson
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