Editorial
Set price ceiling on sachet water
Dear Editor,
A bag of sachet water (pure water) is now selling at GH 5.00 in Accra and I am trying to find the justification for the arbitrary increase in price by some vendors.
Somewhere last year, the vendors threatened to increase the unit price to 0.30 pesewas but were compelled to maintain it at 0.20 pesewas following resistance from the public.
But with the recent increment, the vendors say they have no choice but sell at previous price the public had resisted. Considering the increasing rate at which prices keep escalating, I fear price per bag could reach GHC 10.00 sometime soon.
I believe pricing of basic commodities such as water should not be left to the discretion of individual traders. I learnt from my limited economics that the government could introduce price control measures (price ceiling) when prices of certain goods and services seem to be increasing at an alarming rate.
Price ceiling is explained as the mandated maximum amount a seller is allowed to charge for a product or service. With the galloping inflation we are witnessing currently, I believe it is time the government stepped in to set a price ceiling on sachet water and other commodities that are becoming expensive every other day.
In the meantime, the water vendors association should be lobbied once again so they revert to the old prices. Whatever be the concern, I strongly believe that the vendors can still make profit when the old prices are maintained or even when it is reduced further.
Mark Omane Sarpong,
Ashaiman-Lebanon.
Editorial
Merits and demerits of scraping betting tax
Dear Editor,
Over the past years, a lot of concerns have been raised about the rise of sports betting companies in the country, their operations, and how it impacted negatively on the youth of the country.
I have also witnessed how some of the youth go to the extent of borrowing money from friends or use companies’ money to stake bets, which they were not guaranteed of winning.
Due to this, I was happy when the previous government introduced the betting tax, as I felt it would deter the youth from engaging in it.
However, some Ghanaians hold the view that the betting tax would help create employment.
It wasn’t surprising to see the excitement that greeted the announcement of the scrapping of the tax by the Finance Minister.
My worry now is how, as a country, the youth can be discouraged from engaging in betting.
I believe that as the betting tax has been scrapped, it is about time that the government finds ways of addressing the issue of betting among the youth as it is becoming more serious than before.
I believe that there should be a multi-stakeholder engagement between the various stakeholders to proffer solutions to address them.
Editorial
Rail crossing point at circle- Kaneshie road needs attention
Dear Editor,
I read with happiness a letter published in the previous edition about the poor state of the rail crossing stretch of the Circle-Kaneshie road.
I totally agree with the concerns raised by the writer and I wish to add my voice to the call on the authorities to quickly work on that stretch of the road.
What the writer left out was the occasional happenings when vehicles break down on the rail line. I have witnessed that before.
It is not a comfortable thing driving on it at all. It is a huge dent on the beauty the interchange was expected to bring to the area.
The traffic it creates is a major inconvenience to people who are rushing to work.
I wish to appeal to the authorities to quickly do something about that portion of the road to make it convenient for drivers. Thank you for the space.
Maxwell Amamoo,
Odorkor
