Audio By Carbonatix
Bread bakers in the Ashanti Region have appealed to the public to accept the new prices of the product announced on Monday, August 2, 2021.
The Bread Bakers Association announced a 20 per cent increase in the price of a loaf of bread.
Consequently, a loaf that used to sell at GH₵5.00 now goes for GH₵6.00 while a GH₵10.00 loaf now sells at GH₵12.00.
Mrs Philomena Boakye-Yiadom, the President of the Association, said the increase is due to the sharp increase in the prices of raw materials for producing the commodity.
She told the Ghana News Agency in Kumasi that the continuous increases in the prices of flour, wheat, yeast, margarine, sugar and other items were seriously affecting the cost of production, a situation she said had resulted in layoffs in the industry and dwindling profits.
"Everyone will bear with us that the price of the materials we use in baking bread has gone up,” she said.
“We have workers and drivers we pay, and the price of fuel has also gone up,” Mrs Boakye-Yiadom said.
She urged consumers to embrace the increment to enable bakers breakeven to stay in business to prevent massive layoffs, which could aggravate the unemployment situation in the country.
Latest Stories
-
Xenophobic Attacks in South Africa Have Persisted for Years — Ghanaian SA community leader
6 minutes -
Health Minister says agenda 111 projects cannot be completed within four years
8 minutes -
NSA releases postings for 18,416 trained teachers for 2026/2027 national service
15 minutes -
Court pauses Boateng Adjei trial pending ruling on OSP’s prosecutorial authority
21 minutes -
Workers of Engineers and Planners strike at Tarkwa over unpaid benefits
26 minutes -
Para-athlete Tahiru Haruna secures qualification for 2026 Commonwealth Games
27 minutes -
Hundreds turn up for NPP’s “Yensuro Ahunahuna” demo in Sunyani
29 minutes -
Nalerigu/Gambaga MP backs incumbent chairman in NPP North East regional race
30 minutes -
CEMSE petitions EOCO over suspected illegal fuel sales and GH¢2.5m loss
31 minutes -
Ghana introduces a National Workplace HIV and Wellness Policy
42 minutes -
Krodua Publishing empowers emerging voices through intensive creative writing and residency programme
53 minutes -
Hitz FM’s ‘My Hustle’ forum for young entrepreneurs set for April 25
58 minutes -
Ghana to host Toastmasters District 94 West and Central Africa Leadership Conference, 2026
60 minutes -
My ‘thank you tour’ is driven by gratitude -Asiedu Nketia
1 hour -
Turkish outfit Trabzonspor target Abdul Fatawu after Leicester City relegation
1 hour