Sachet water producers in Berekum defy gov't directives, increase prices
Sachet water producers in Berekum have defied government directives and increased the price of sachet water in the Berekum Municipality of the Bono Region. The Ghana News Agency (GNA) market survey team discovered that producers increased the wholesale price from GH₵6 to GH₵8 per bag, with retailers selling it at GH₵9 instead GH₵7.
Mr. Kingsford Acquah, the General Secretary of the Berekum East Sachet Water Association, told the GNA that the Association made the increments because of the escalating costs of raw materials. He said, "Though the government has requested a temporary freeze on price adjustments on sachet water for some negotiations, we have to do the increment to meet production cost." Mr. Acquah stated that "If the government wants us to stop the increase, then they must also intervene to reduce the prices of our raw materials in the market. Without that there isn't any way our producers are going to decrease the prices."
Mr. Acquah mentioned high electricity and utility bills, high regulatory fees and high cost of packaging materials, as well as rising labour and distribution expenses, as factors that informed the increment. He urged consumers to adapt to the changes, saying that the Association had been forced to do so. Mr. Acquah stated, "Until the cost of doing the sachet water business is significantly reduced, the current rates will be in force to ensure the sustainability of our businesses in the Municipality."
Quick Summary
Sachet water producers in Berekum have reportedly defied government directives. The producers have allegedly increased prices, citing rising production costs - but what does this mean for consumers?
Summary - read the full story for complete context.

Image: MyJoyOnline
Also covered by
GhanaFront aggregates news from trusted sources. Click to read the original article.
Keywords
Explore related tagsMore from MyJoyOnline
Related Stories
More from Business & Economy

Gov't cuts fuel taxes, deploys buses to curb impact of rising fuel prices
Ghana grapples with rising fuel costs - but how will the government's new plan impact the average citizen?
12h ago•3 min read

Oil prices rise as concerns grow over 'fragile' US-Iran ceasefire
Tensions in the Middle East are threatening global markets - what does this mean for the price of oil?
23h ago•4 min read

Protect people, not prices - Joe Jackson rejects fuel tax cuts and subsidies
Why is an economist urging the government to protect people, not prices, amidst rising fuel costs?
1d ago•4 min read

Sunyani Market traders urge government action amid surging ginger prices
Sunyani market traders are worried about the rising cost of ginger - will their businesses survive?
1d ago•2 min read





