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Business News of Tuesday, 18 June 2024

    

Source: happyghana.com

Price of Onion go up due to transportation challenges – Gomoa Dominase Onion Traders

A bag of onions previously sold for 500-700 cedis, now costs 1,300-1,500 cedis A bag of onions previously sold for 500-700 cedis, now costs 1,300-1,500 cedis

Onion traders at Dominase Market, Central Region, have attributed high onion prices to transportation challenges caused by coups in neighboring countries, particularly Niger.

The usual transportation routes have been disrupted, forcing traders to use longer routes, increasing costs.

A bag of onions previously sold for 500-700 cedis, now costs 1,300-1,500 cedis.

The exchange rate between the cedi and CFA also affects prices. Traders urge the government to engage ECOWAS to resolve this issue promptly for improved trade within West Africa.

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