Business

Here’s why transport fares have been increased by 13%

The Ghana Private Roads Transport Union (GPRTU) has cited the increase in fuel prices in May as the main reason why it has announced an increment in transport fares by 13% effective Saturday 5 June 2021.

In a statement, the GPRTU said the new prices affect all forms of transport including Inter-city (trotro), Intercity (long distance) and shared taxis.

“Upon consultations, government has assured us that it will continue with efforts to prevent a steep rise in input cost.

“Government had also assured as by a letter from the Ministry of Finance that the suspension of the quarterly income tax paid by owners of trotros and taxis will be extended to cover intercity commuter vehicles to reduce the operational cost. We, therefore, encourage government to keep to its commitment in this regard,” the statement added.

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