Economist, Financial and Investment Analyst, and Chartered Institute of Bankers (CIB) member, John A. Amponsah, has indicated that Ghanaians should not expect a reduction in book prices anytime soon.
Speaking on Angel FM in Kumasi, Mr. Amponsah stated that prevailing economic and import conditions make it unlikely for prices in the book market to decline. Instead, he warned of a possible upward trend.
“There will be no reduction in book prices in the market; rather, Ghanaians should expect an increase,” he said.
He attributed the anticipated price hikes to unfavourable conditions at the ports, which he explained continue to affect importation costs for books and related materials.
“Port conditions are not favourable for us, and even under this new government, nothing has been changed,” he noted.
Mr. Amponsah added that even if policy adjustments are introduced, the structural pressures within the import and distribution chain may still result in rising prices.
“Even if something is changed, there would still be an upward trend,” he explained.
Discover more from Hot Stories Ghana
Subscribe to get the latest posts sent to your email.
