Connect with us

General News

Local airline ticket prices up; passengers lament 

Published

on

96BFE095 C8D0 4099 AA22 55C3A62D5278

Prices of local airline tickets have shot up by between 15 and 20 per cent, prompting recession fears among local operators following “a gradual drop” in patronage.

The new prices, which took effect from July 08, 2022, was in response to a rise in operational cost occasioned by the depreciation of the Cedi against the Dollar, and increment in aviation fuel prices, the Ghana News Agency has gathered.

Domestic airline operators said their cost of operation had doubled since the beginning of the year and that an upward adjustment in airfares was necessary to sustain their businesses.

The Cedi has depreciated by about 28 per cent since the beginning of the year whiles prices of aviation fuel have more than doubled since January this year.

n July alone, the Cedi depreciated by 7 per cent to settle at GHS 8.50 to the Dollar as of August 1, 2022.

According to industry players, Jet A-1 (one of the most commonly used fuels for commercial aviation) which was trading at an average $0.6 per litre, had shot up to an average $1.2130 (ex-refinery price) as of July 31, 2022.

The domestic airline operators claimed they initially resisted the appetite to adjust their airfares for fear that patronage would plummet.

n an interview with some passengers, they expressed worry about the development, saying the increments would compel them to resort to road transport.

Some of the passengers said they would continue to travel by air to save time and for safety purposes, adding that they would travel “only when it is extremely necessary.”

“Last month, I paid GHS 449 from Accra to Kumasi. Barely two weeks later, I wanted to book for a return trip and the least I got was GHS 689.

“The increment was sudden. At least they should have advertised ahead of time, so we plan accordingly,” a regular passenger, who spoke on condition of anonymity, said.

In an interview with the GNA, Mr Duncan Sambu, the Chief Operating Officer, PassionAir, said there had been a gradual drop in the patronage of its services since the introduction of the new fares weeks ago.

He said the increment was necessary as local operators were strained by the rising cost of aviation fuel and the depreciation of the Cedi.

Source: yen.com.gh

Continue Reading

General News

Gov’t settles on blue and white as new paint for basic schools

Published

on

By

He also announced the replacement of the brown and yellow outfits. "We are modifying the uniforms of public elementary schools across the country. The yellow and brown that you see now will go. Reformation is coming to a community near you, and you will witness it." The education minister expanded, saying that this project is part of the government's attempts to demonstrate to critics that its concentration is not exclusively on secondary education.

Dr Yaw Osei Adutwum, Minister of Education, has declared that the government intends to repaint all public basic schools in blue and white, replacing the present brown and yellow.

This programme is part of a rebranding campaign to improve the appearance of the institutions.

Dr Adutwum went on to say that this is only one of several initiatives targeted at revitalising and improving basic education in the country.

“We’re moving to blue and white. We are painting all of the schools to give them an appealing appearance. This is the revolution Ghana deserves, and it is on its way,” the minister said at a “The free SHS tale” discussion in Accra on Tuesday, April 23, 2024.

He also announced the replacement of the brown and yellow outfits.

“We are modifying the uniforms of public elementary schools across the country. The yellow and brown that you see now will go. Reformation is coming to a community near you, and you will witness it.”

The education minister expanded, saying that this project is part of the government’s attempts to demonstrate to critics that its concentration is not exclusively on secondary education.

Continue Reading

General News

We’ve not been paid GH¢1 billion; KPMG’s assertion is false – SML

Published

on

By

SML further stated that KPMG's inability to mention that 31.5 percent of the total GH¢1,061,054,778.00 taken as taxes provides a very uneven "impression of the relationship between the compensation, investment, and other related costs." "SML believes that KPMG's failure to include GRA taxes of 31.5% taken before payment, interest payments of 32% plus SML's investment repayment, and other taxes/duties over the period creates an unbalanced impression of the relationship between compensation and investment and other related costs. This omission is really deceptive.

Strategic Mobilisation Ghana Ltd (SML) denied receiving GH¢1,061,054,778.00 for a revenue mobilisation contract with the Ghana Revenue Authority (GRA).

President Akufo-Addo ordered KPMG to audit the contract between the GRA and SML on January 2. KPMG’s findings revealed that SML received a total of GH¢1,061,054,778.00 from 2018 to date.

However, Strategic Mobilisation Ghana Ltd responded by denying the charges, noting that KPMG reported the amount “without reference to the investments made and the taxes paid” during the review period.

“KPMG quotes a figure as compensation to SML. It is interesting to note that this figure is quoted without reference to the investments made and the taxes paid by SML over the period within the consolidated contract

“The compensation of GH¢1,061,054,778.00 stated by KPMG is inaccurate.”

SML further stated that KPMG’s inability to mention that 31.5 per cent of the total GH¢1,061,054,778.00 taken as taxes provides a very uneven “impression of the relationship between the compensation, investment, and other related costs.”

“SML believes that KPMG’s failure to include GRA taxes of 31.5% taken before payment, interest payments of 32% plus SML’s investment repayment, and other taxes/duties over the period creates an unbalanced impression of the relationship between compensation and investment and other related costs. This omission is really deceptive.

Continue Reading

General News

The president needs to show leadership to stop ‘dumsor’ – Agyeman-Duah

Published

on

By

Professor Agyeman-Duah also chastised the administration for the slow speed at which it is addressing electricity concerns. He argues that given the frequency of power outages, the government should have taken a more serious approach to finding long-term solutions, but this has not been the case.

Professor Baffior Agyeman-Duah, a Governance Expert, has urged President Nana Addo Dankwa Akufo-Addo to show leadership by summoning all major players in the power sector, including the Electricity Company of Ghana (ECG), the Ghana Grid Company Limited (GRDCo), the Volta River Authority (VRA), and the Public Utilities and Regulatory Commission (PURC), and giving them marching orders to resolve the power crisis.

He believes he’ll be astonished if the president hasn’t done so already.

Speaking on the Ghana Tonight broadcast on TV3 on Monday, April 22, Prof Ageyman Duah remarked, “I will be surprised that the president has not called the leadership of the VRA, GRIDCo, ECG, and PURC, to sit them down to give them the marching order that he doesn’t like what they are doing.

“That is leadership, we need the president to be giving the marching orders. As I said, if he has done it privately I don’t know but based on the public pronouncements by these state agencies in charge of the energy sector, it seems like he hasn’t done that.”

Professor Agyeman-Duah also chastised the administration for the slow speed at which it is addressing electricity concerns.

He argues that given the frequency of power outages, the government should have taken a more serious approach to finding long-term solutions, but this has not been the case.

He went on to say “The government hasn’t been too active in seeking solutions to problems”

Prof. Baffour Agyeman-Duah also urged the state power distributor, the ECG, to produce a load-shedding schedule.

This, he believes, will help power consumers arrange their lives more effectively.

“The wise thing to do is to issue a timetable,” Professor Baffour Agyeman-Duah said.

Meanwhile, Richard Ahiagbah, Director of Communications for the New Patriotic Party (NPP), has stated that power shortages in certain areas of the country are annoying.

However, he stated that there is light at the end of the tunnel for the problem.

Mr Ahiagbah ascribed the problem to the Electricity Company of Ghana’s (ECG) maintenance work.

He told us that the job would be done quickly.

“The recent power outages have been understandably frustrating. However, there is an end in sight. The maintenance works are almost complete, and we can soon expect access to an uninterrupted power supply around the clock, as we have become accustomed to under the Akufo-Addo-Bawumia Administration.”

Regarding the criticism that members of the National Democratic Congress (NDC) have made against the administration over the outages, he stated, “The NDC is the last political organization to point fingers because Ghana has not forgotten the hurts of the ‘real dumsor,’ suffered under H.E. Mahama.

Continue Reading

Trending

Optimized by Optimole