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
-
“Thank you for supporting my son from day one till now,” Bolewura to Asiedu Nketia
7 minutes -
Spanish side Córdoba CF extend contract of Jonathan Korbla until 2027
1 hour -
Oda-Nkwanta road crash: Chairman Wontumi mourns MP’s aide, extends condolences to victims
1 hour -
Ghana remains in 4th position in Africa with highest debt to IMF
2 hours -
Rwanda, DRC border close over fears of Ebola outbreak
2 hours -
Church of Pentecost launches Medical Missions Outreach in Abesewa to deliver healthcare
2 hours -
University of Ghana study links West African gene to higher kidney disease risk
2 hours -
T-bills: Government records 34% oversubscription, but interest rates continue to rise
2 hours -
Bank of Ghana’s mandate should be price stability and nothing else – Dr Nsafoah
2 hours -
U-17 AFCON: Black Starlets lose to 10-man Senegal in second Group game
3 hours -
GPL 2025/26: Medeama SC hammer Heart of Lions to clinch title
3 hours -
NACOC storms drug hotspots in Greater Accra and Oti regions; several arrested in major weekend crackdown
3 hours -
GPL 25/26: Bechem spank Kotoko in penultimate round
4 hours -
Socrate Safo Speaks: When the Lion dances Alone – A lesson for NPP ahead of 2028
4 hours -
Ghana Premier League: Samartex pip Hearts in Samreboi
4 hours