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    Ghana’s unsustainable debt largely attributed to Energy Sector – World Bank Rep

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    We’ll be swift with Ghana’s economic recovery – Ofori-Atta

    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

    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

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    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

    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

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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

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

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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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Transport operators defy directive to reduce fares by 10%

bycitibusinessnews
May 17, 2023
in News
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Transport operators nationwide are yet to comply with the directive issued by the road transport association, calling for a 10 percent reduction in fares.

Despite the association’s statement on Monday, May 15, 2023, which instructed its members to implement the fare reduction starting from Wednesday, May 17, drivers and conductors are disregarding the directive.

Citi Business News conducted checks at various lorry terminals and found that drivers and conductors are not adhering to the directive.

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The Concerned Drivers Association has opposed the fare reduction, citing increased prices of commodities such as spare parts.

At the Tema Station Transport Terminal in Accra, fares remain unchanged, defying the directive for a 10 percent reduction.

A passenger shared his frustration, stating, “They have not reduced it, though we heard that they said they are supposed to reduce the fares by 10 percent. I saw someone complain to the drivers, and they insulted her, so I don’t want to bother myself talking about it.”

The station master at the same terminal expressed dissatisfaction with the high prices of car components and argued that requesting a fare reduction solely due to the decrease in petrol prices is unfair to them.

“The price of spare parts has gone up, and some other things,” the station master lamented.

However, the station master called for the arrest of drivers who fail to comply strictly with the mandated 10 percent reduction in transport fares.

Similar circumstances were observed in Kumasi, the capital of the Ashanti Region, where no fare reductions have been implemented, with drivers providing the same reasons for their reluctance.

Checks conducted in Bimbilla, a town in the Northern Region, also revealed that passengers were being charged the old fares, indicating a lack of compliance with the directive.

The failure of transport operators to adhere to the directive for fare reduction has raised concerns among passengers, who expected to benefit from the decrease in petroleum prices.

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Ghana’s unsustainable debt largely attributed to Energy Sector – World Bank Rep

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Pierre Frank Laporte, the World Bank (WB) Country Director to Ghana, says Ghana’s energy sector debt is a major contributor...

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Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

We’ll be swift with Ghana’s economic recovery – Ofori-Atta

Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

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

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