Home / BUSINESS / Transport fares up by 13%

Transport fares up by 13%

Road Transport Operators in the country have increased commercial transport fares by thirteen percent.

This is the first increase in public transport fares this year.

The new prices are expected to take effect Saturday, June 5. This means that passengers would have to pay 20 pesewas on every one cedi charge.

According to the operators, the increase is in line with the administrative arrangements on public transport fares.

In a statement, the operators noted “after long and difficult negotiations with stakeholders, a 13 percent upward adjustment in public transport fares across all category of services has been urged upon. This is to accommodate predominantly an increase in the price of fuel.”

The fares cover inter-city (TroTro), inter-city (LongDistance), and shared taxis.

The statement added “upon consultations, government has assured us that it will continue with efforts to prevent a steep rise in input cost. Government has also assured us by a letter from the Ministry of Finance that the suspension of the quarterly income tax payment by owners of tro-tro and taxis will be extended to cover intercity commuter vehicles to reduce the operational cost.”

See the statement below:

Source: Ghana/Starrfm.com.gh

About admin

Check Also

The Golden Stool is the Asante people's sacred symbol and is thought to hold the sunsum, or soul, of the Asante people.

The Golden Stool, the sacred symbol of the Asantes; believed to possess the soul of the Asante people

The Golden Stool is the Asante people’s sacred symbol and is thought to hold the …

According to Zee, every influencer job you see her doing, she gets paid for, none of them are unpaid gigs. We have seen her influence on three clothing lines, and the latest one is Moja Cafe.

I get paid for all the influencing gigs, none of which were free – Zee reveals

According to Zee, every influencer job you see her doing, she gets paid for, none …