Bread bakers in the Ashanti Region have appealed to the public to accept the new prices of the product announced on Monday, August 2, 2021.
The Bread Bakers Association announced a 20 per cent increase in the price of a loaf of bread.
Consequently, a loaf that used to sell at GH₵5.00 now goes for GH₵6.00 while a GH₵10.00 loaf now sells at GH₵12.00.
Mrs Philomena Boakye-Yiadom, the President of the Association, said the increase is due to the sharp increase in the prices of raw materials for producing the commodity.
She told the Ghana News Agency in Kumasi that the continuous increases in the prices of flour, wheat, yeast, margarine, sugar and other items were seriously affecting the cost of production, a situation she said had resulted in layoffs in the industry and dwindling profits.
"Everyone will bear with us that the price of the materials we use in baking bread has gone up,” she said.
“We have workers and drivers we pay, and the price of fuel has also gone up,” Mrs Boakye-Yiadom said.
She urged consumers to embrace the increment to enable bakers breakeven to stay in business to prevent massive layoffs, which could aggravate the unemployment situation in the country.
Latest Stories
-
Today’s front pages: Thursday, December 19, 2024
10 minutes -
ORAL: Not all corruption cases fall under the Special Prosecutor – Domelevo
31 minutes -
Two dead and 65 cases of malnutrition recorded in Bawku for 2024
44 minutes -
NDC’s control of major media houses gave them edge in 2024 polls, says Bawumia
49 minutes -
49th SWAG Awards: High jump Queen Rose Yeboah and Grace Mintah lead nominees for topmost award
1 hour -
ORAL: ‘National Cathedral spending is an ‘expensive pit of deceit’ – Ablakwa
1 hour -
Our people didn’t vote – Bawumia explains why the NPP lost
1 hour -
Dr Bawumia had no choice given Mahama’s decisive victory – Malik Basintale
1 hour -
ORAL: ‘Clergy were misled by Akufo-Addo’ – Ablakwa on National Cathedral scandal
1 hour -
‘It is false’- PMMC refutes claims of politicians smuggling gold from Ghana
2 hours -
2 million NPP supporters did not turn up to vote – Kabiru Mahama
2 hours -
IPR Ghana congratulates citizens for peaceful election, calls for unity
2 hours -
Bawumia’s 8 minutes elite ball that zapped the energy of trigger happy politicians
3 hours -
It will be a betrayal if National Cathedral saga does not feature in ORAL’s work – Ablakwa
3 hours -
‘It’s unfortunate we had to protect the public purse from Akufo-Addo’ – Ablakwa on ORAL Team’s mission
4 hours