
Audio By Carbonatix
A tomato seller at the Mallam Attah market in Accra has blamed shop owners for the increase in prices of the foodstuff they sell.
According to the trader, because shop owners increase the prices of their wares, the tomato farmer would also increase the price at which he sells to the wholesalers, who intern transfer the cost to the retailer, thence to the consumer.
She therefore urged shop owners to be cautious about how they increase the prices of their products.
Speaking in an interview on JoyNews’ PM Express on Tuesday, she asked the regulators of the economy to caution the shop owners against the incessant increase in prices.
This, she stated is because "we are all citizens of the country. If everything goes well, it is for our benefit, and vice versa.”
Tuesday’s edition of PM Express was dubbed ‘Market Edition’. It focused on the effects of inflation on trading activities at the Mallam Attah Market.
Meanwhile, she said the prices of tomatoes have been stable so far since it’s a seasonal commodity.
Also, butchers from the same market have lamented the effects of the cedi depreciation on their businesses.
The butchers complained to JoyNews’ Evans Mensah on Tuesday that the current challenges with the depreciating cedi have been crippling their businesses and increasing the cost of importing livestock from Burkina Faso and other countries.
“In Ghana, we don’t have cows. How many cows do we have in Ghana? We import them from Burkina Faso, Niger, Mali and Togo so we change the cedi into CFA franc anytime the CFA rises,” one of the butchers said.
This follows the Cedi’s recent sharp decline after it was pegged at 10 Cedis to the US dollar.
The butchers called on the Finance Minister, Ken Ofori-Atta to address the depreciating value of the cedi or resign.
“Now if you have 10, 000 Ghana cedis and you are doing business by two months’ time, it will depreciate at about 8,000 or 8,500… the cedi doesn’t stand at one place that is our main problem,” they noted.
Latest Stories
-
FIFA World Cup: France vs Spain preview
26 seconds -
Re|Root calls for proactive investment in sanitation to tackle flooding and waste crisis
10 minutes -
Toxic Milk: How e-waste pollution at Agbogbloshie is contaminating Ghana’s food chain
26 minutes -
Filth chokes Korle drains as residents appeal for urgent action
1 hour -
Networking is key to success in voice-over business – Ball J
1 hour -
A happy wife makes a happy home
1 hour -
I remained loyal to the NPP despite my suspension – Paul Afoko
1 hour -
Woman arrested for allegedly murdering husband after misunderstanding
1 hour -
Remove ‘justified sureties’ requirement – Martin Kpebu calls for bail reforms
1 hour -
PPE failures left NHS staff poorly protected and wasted £10bn, Covid inquiry finds
1 hour -
If he wanted to flee, he wouldn’t have returned to Ghana – Kpebu on Miracles Aboagye’s GH¢50m bail
1 hour -
Paul Afoko says he has forgiven NPP members over suspension, urges end to factionalism
1 hour -
GH¢50m bail condition for Miracles Aboagye oppressive and excessive – Gary Nimako
1 hour -
Gender Minister honours 4 young Ghanaian Guinness World Record holders
2 hours -
Royalhouse Chapel urges civic responsibility after June 29 floods
2 hours