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    Pay us by borrowing from treasury bill market- Pensioner bondholders reiterate calls to govt

    Ghana’s energy sector needs audit to ascertain debt levels – COPEC

    Sole implementation of cylinder recirculation model threatens our investment – LPG Operators

    Mobile money disrupted banking in Ghana – Zeepay CEO

    Independent Power Producers demand 30% payment of arrears

    We are confident of meeting IMF conditions for fiscal consolidation – Ofori – Atta

    Fuel pricing: COPEC predicts marginal drop in first window of June 2023

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    Mobile money disrupted banking in Ghana – Zeepay CEO

    Ghana’s oil reserve recording steady growth – GNPC CEO

    Fuel pricing: COPEC predicts marginal drop in first window of June 2023

    ACEP pushes for research in Africa’s energy sector

    African leaders urged to employ energy policies that will transform Africa

    COVID -19 levy must be abolished – Importers & Exporters insist

    Halt implementation of utility tariffs increment- FABAG tells govt

    Govt maintains COVID-19 levy despite calls for removal

    Strengthen Financial Stability Fund to support struggling banks – Dr. Atuahene

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    Cyber Security Authority mandate critical to country’s development – Joseph Cudjoe

    MTN shareholders given choice to convert dividend or take cash

    Ghana gets $300 million from US to build first-of-its-kind data center

    Telcoms industry players urged to partner government to promote clean energy transition

    Dominion University To Partner With USA Organisations To Set Up Centre Of Excellence For Artificial Intelligence

    Cyber Security Authority commences licensing and accreditation regime

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    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

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COPEC calls for stimulus support for public transport operators

byNerteley Nettey
June 30, 2020
in Local Economy, Top Stories
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The Executive Secretary of the Chamber of Petroleum Consumers, COPEC, Duncan Amoah, says government should consider providing a stimulus package for public transport operators if it seeks to prevent increases in transport fares.

Drivers, who ply the Tarkwa-Takoradi route in the Western Region, increased their fares by about thirty percent on Monday June 29, 2020, to make up for the limited passenger intake as part of measures to ensure social distancing on buses.

Some drivers at the Neoplan Station in Accra have also appealed for an increase in fares to make up for the drop in revenue.

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Duncan Amoah told Citi Business News an even support to transport owners by government should ease the burden on consumers.

“If you look at the kind of numbers they are operating with currently, it is problematic as they have to go and pay for sales, fuel and spare parts among others. We are not in normal times, so we are calling on government to as a matter of urgency put in place some subsidy program for these commercial transport operators. Either we reduce the taxes on fuel for them alone or we find a way to identify unions and give them some targeted subsidies so that every driver can at least have some minimum amounts to augment their fuel purchases and spare parts,” he said.

“This can be done at least within this period. Once they are able to go through this period and get back to working normally, we may now have to look at their operations in proper perspective,” he added.

Following the outbreak of the novel Coronavirus which has had an adverse effect on various sectors of the economy, many worker groups have called on the government for support.

President Nana Akufo-Addo in his 11th televised address asked drivers of commercial vehicles to reduce the number of passengers they take on board their vehicles in adherence to social distancing protocols amidst the COVID-19 outbreak.

While some have been seen to be in compliance, others have refused to pay heed, arguing that practising social distancing aboard their vehicles will reduce their revenue.

Currently, Ghana has 17,351 COVID-19 cases with 12,994 recoveries and 112 deaths.

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