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Transport fares to increase by 30% from March 7

Road commuters are expected to witness some price adjustments in fares from Thursday, March 7, 2024.

This comes after the Transport Operators Union and the Concerned Drivers Association of Ghana have announced a hike in transport fares by about 30 percent.

In a joint statement issued by the two groups, their decision is due to government’s inability and failure to address their concerns coupled with the increasing operational costs to run their business.

“As drivers’ associations, we expressed disappointment in the leadership for failing to address the concerns and implement fare adjustments to counterbalance the increased operational costs,” the group said.

“The continuous rise in fuel prices has had a significant impact on our livelihoods, leading to financial strains and hardships in maintaining our operations,” the two groups said.

Read their full statement below:

Regional Chairmen of both the Transport Operators Union and the Concerned Drivers Association of Ghana are announcing our intention to consider a fare increment in response to the recent hike in fuel prices across the country.

As drivers’ associations, we expressed disappointment in the leadership for failing to address the concerns and implement fare adjustments to counterbalance the increased operational costs.

The continuous rise in fuel prices has had a significant impact on our livelihoods, leading to financial strains and hardships in maintaining our operations.

We would like to express our disappointment in our leadership, Despite the escalating costs of fuel, our leadership has not taken proactive measures to increase fares in line with market conditions.

This has prompted us Regional executives to consider fare adjustments as a necessary step to sustain our businesses.

The fare adjustments are essential to ensure the financial viability of the transportation sector and to maintain the quality of service provided to the public. The failure of the government to address this critical issue has left us with no choice but to consider fare increments as a means of coping with the escalating operational costs.

We are calling on the government and relevant authorities to engage in constructive dialogue with our leaders to address the challenges faced by our sector and to implement fare adjustments that reflect the current economic realities.

Failure to address these concerns by 6th March 2024 will leave us with no choice but to increase fares.

 

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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