GPRTU explains what goes into transport fare pricing - News Summed Up

GPRTU explains what goes into transport fare pricing


Business News of Monday, 16 March 2026Source: www.ghanaweb.comThe Ghana Private Road Transport Union (GPRTU) has cautioned passengers to prepare for possible increases in transport fares if fuel prices continue to rise at the pumps. The prices of spare parts, lubricants, and other materials required for vehicle maintenance also play a significant role in determining transport charges. He added that fare adjustments are not made arbitrarily but are tied directly to fuel price movements. So these are the indicators we look at.”Meanwhile, some Oil Marketing Companies (OMCs) have already begun adjusting fuel prices at the pumps from Monday, March 16, 2026. These sharp increases in fuel prices are expected to intensify calls for fare adjustments, as transport operators struggle to balance rising costs with affordable services for passengers.


Source: GhanaWeb March 16, 2026 10:31 UTC



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