Business News of 2014-01-25

GRTO increase transport fares by 10 percent

The Ghana Road Transport Operators (GRTO) has announced a 10 per cent increase in transport fares across the country.

The increment is expected to take effect from Monday 27th of January 2014.

The statement signed by the General Secretary of GTUC, Stephen Okudzeto and General Secretary of GRTCC, Alhaji Aliyu Baba said the Road Transport Operators reviewed their prices based on the various elements that go into running commercial transport.

“The new road transport fares cover the following types of Road Transport Operations : Intra-City (Trotro), Inter-City (Long Distance) and Taxis Cabs.’’

The statement also advised drivers and members, as well as commuters to co-operate for the ‘’success of these changes’’.

The increase in fares comes on the back of recent increment in fuel prices by the National Petroleum Authority (NPA).

Meanwhile, some commercial drivers in Accra say they are unhappy with the introduction of new vehicle stickers by the steering committee of the Urban Transportation project.

The committee says commercial drivers operating within the thirteen assemblies in the region must acquire the stickers to allow for easy identification as full implementation of the Urban Transport Project takes off soon.

Under the program trotros will be identified by blue stickers whilst red stickers will be used to identify taxis.

Chairman of the steering committee, Dr. Alfred Oko Vanderpuije said any driver who failed to acquire the sticker by the end of March will face the law.