New transport fares are set to be announced next week by the Ghana Private Road Transport Union (GPRTU).
According to the GPRTU’s General Secretary, Mr. Stephen Okudzeto; the new fares will reflect fare increases that have been “projected into the future”.
He disclosed this on Accra-based Radio Gold on Thursday morning, stating that all required inputs such as vehicle insurance, lubricants, spare parts and other materials needed for running commercial vehicles have been factored into the new fares soon to be made public.
Stephen Okudzeto said the announcement next week was awaiting the approval of usual protocols and processes required to announce new transport fares.
He revealed that the GPRTU was happy about the suspension of the recently announced hikes in insurance premiums, adding that while they are not against increases in insurance premiums, such increases should be reasonable because it would most likely be transferred to passengers.
Insurance operators had to back down on their decision to hike premiums of up to 800% after commercial drivers, transport unions and a cross section of the commuting public rejected the hikes as unreasonable.
Source : graphic.com.gh