Business News of 2014-05-09

Sachet water consumers outraged over new prices

Residents in the Techiman Municipality and its surrounding towns are angry over what they say is a hundred percent increment in the price of sachet water.

The price of a bag of water which used to be sold at GHC1.5pesewas now sells at GHC3, with a sachet of water which used to be sold at 10 pesewas now selling at 20 pesewas, representing an increment of 100%.

According to the people, despite the fact that cost of production has increased over time thereby putting a lot of pressure on the producers of sachet water, it is unacceptable to increase the price of water; an essential commodity that should not be treated like any other commodity.

This is contrary to the price of the same product within the municipality; a situation the residents have described as discriminatory.

They are, therefore, calling on producers of the product to revert to the old price.

Although the secretary of the Sachet Water Producers Association Osei Effah had earlier denied the reports, Citi News checks revealed that the product was selling at the old price in the region apart from Techiman and Sunyani.