• VIDEOS
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Election 2020 Results
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Photos
Local News
 
 
 
Home Business Economy 201801

GPRTU, Transport Ministry To Deliberate On New Fares

15-Jan-2018
/ Economy, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

The Ghana Private Road Transport Union [GPRTU], has told Citi Business News it will hold a crucial meeting this week to determine new transport fares.

According to the Vice Chairman of the GPRTU, Robert Saba, the Union will meet key stakeholders including the Transport Ministry to deliberate and arrive at a decision.

The GPRTU earlier this month announced a possible increase in fares due to increment in the prices of spare parts.

The Abbosey Okai Spare Parts Dealers Association has 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 up.

“Every car owner and driver knows what I am talking about. They are only trying to throw dust into the eyes of the public. Are they [spare parts dealers] saying when the dollar was going up, they maintained their prices? Their prices fluctuate. I am saying that it is false. They only want to throw dust into the eyes of the public” Mr Saba insisted.

According to him, there is enough evidence to show that prices of spare parts have gone up.

“It has been increased, I have evidence over the period and it’s because I buy spare parts myself. My members also buy vehicle spare parts. We don’t take delight in increasing fares because we know the ripple effect that can trigger the prices of other commodities. So we do so with caution” he emphasized.

In 2017, the Finance Minister, Ken Ofori -Atta, announced during the budget presentation that government has abolished some taxes, as well as duties on vehicle spare parts imported into the country.

According to him, many of the taxes were nuisance taxes burdening Ghanaians.

Source: Citifmonline

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

14% Reduction In Electricity Tariff - President Akufo-Addo

Next Post

Fuel Prices To Increase By 5% – IES

 
 

More Stories

Ghana To Face Serious Economic Challenges This Year —Kenneth Thompson
Less Than 2 Million Ghanaians Pay Tax
126 Private Schools Fold Up Over COVID-19
COPEC Predicts 5% Increase In Fuel Prices
Africa Seeks Debt Cancellation, New Paradigm In World Economic Order
EU’s Money Laundering List: Govt Takes Action Towards Country’s Exit In 2021
Gov’t To Hold Nation Building Updates On Rebuilding Of Economy
Parliament Passes Petroleum Hub Bill
GIPC Quarterly Investment Report Holds Good Prospects For Ghana
Next Post

Fuel Prices To Increase By 5% – IES

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Economy Stories

  • Ghana To Face Serious Economic Challenges This Year —Kenneth Thompson

  • Less Than 2 Million Ghanaians Pay Tax

  • 126 Private Schools Fold Up Over COVID-19

  • COPEC Predicts 5% Increase In Fuel Prices

  • Africa Seeks Debt Cancellation, New Paradigm In World Economic Order

  • EU’s Money Laundering List: Govt Takes Action Towards Country’s Exit In 2021

  • Gov’t To Hold Nation Building Updates On Rebuilding Of Economy

  • Parliament Passes Petroleum Hub Bill

  • GIPC Quarterly Investment Report Holds Good Prospects For Ghana

  • Gov't Revives Affordable Housing Scheme

 

 
 

Popular Videos

Mark My Words; Mahama Will Discontinue The Case If… - Nana B

Your Response To Keche Was Childish - Mzbel Scolds Wendy Shay

Provision Of PPEs: You Can Close Down Schools...But Leave Us Out - Private Schools To GES

Election Petition: Maurice Ampaw’s Reaction

Prez Nana Addo Will Name His Minsters This Week – KON Hints

NDC Makes Another Mistake In Their Corrected Petition – Nana B

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Online Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media