Transport Operators Announce 15% Increase in Fares
The Transport Operators Association has officially announced a 15% increase in transport fares across the country, citing rising operational costs and the need to maintain sustainability in the transport sector. The new fares are set to take effect on Monday, December 9, 2024, and will apply to all categories of transport, including commercial buses (trotros), taxis, and long-distance travel.
According to a statement released by the association, the increment is a direct result of the recent surge in fuel prices, spare parts, and general maintenance costs. The leadership of the association emphasized that the decision was not made lightly, as they are mindful of the economic hardships faced by the public. However, they argue that the adjustments are necessary to keep the industry afloat.
“This increment is critical to ensure the continued operation of transport services. Fuel prices have increased by nearly 20% in the past two months, and the cost of spare parts has skyrocketed due to the depreciation of the cedi. Our members are struggling to make ends meet, and this increase will help balance their operations,†the statement noted.
The association further stated that the fare adjustment followed extensive consultations with stakeholders, including the Ministry of Transport and other regulatory bodies. They assured the public that the increment was the lowest possible margin that could be implemented under the current economic conditions.
However, the announcement has sparked mixed reactions among commuters. Some passengers have expressed frustration over the additional financial burden, particularly as it comes during the festive season when many families are already grappling with increased expenses.
“I understand that they need to cover their costs, but this is too much. Salaries haven’t increased, yet everything else keeps going up,†lamented a teacher who frequently commutes from Accra to Kasoa.
On the other hand, transport operators believe the increment is justified. A bus driver at the Kaneshie station, speaking on the condition of anonymity, said, “We are not increasing fares to make a profit; we are doing this to survive. Without this, many of us would have to park our vehicles.â€
The Ministry of Transport has urged the public to cooperate with the operators and report any cases of overcharging beyond the stipulated 15% increase. They also encouraged passengers to verify updated fare charts that will be displayed at major transport terminals.
As the new fares take effect next week, the situation highlights the economic pressures faced by both transport operators and commuters, raising questions about long-term solutions to stabilize the sector.