₦airaland Forum

vaxx:
I am asking if the price is down . Subsidy exist in every sector in one form or the other . Don't be a bad student . Do you have your transport fares coming down since the fall of of the fuel ? I think Ghana is the only country that have done it . You can bring an evidence to disagree

Again I'm no student of yours

Just30:
number 1 was the cedi appreciation and number 2 was BOG aiding oil marketers in their trade by making finance conditions highly favourable.

Ghana had the highest inflation in the world, that's what I'm trying to show you

AfriqueDuZuid:
In SA, transport fares never come down, even if petrol prices to record lows

that is simply what I am saying , in Ghana , transportation fare comes down and commodities prices comes down as well. Because govt have a way of appealing to the market even though we practice free market economy. Appealing and negotiation still works.

AfriqueDuZuid:
Recovery sometimes takes months or years

Wait for the quarterly economic report will take it from there

We don't have to... Ghana usually has monthly reports on certain indicators and a lot of them has seen improvement which means a speedy recovery.

AfriqueDuZuid:
Again I'm no student of yours

it doesn't matter . I am simply a student willing to learn anything , anywhere

AfriqueDuZuid:
In SA, transport fares never come down, even if petrol prices to record lows

that's bad and unfair because transport operators will be the first to ask for an increase in prices when they see fuel prices going up

vaxx:
that is simply what I am saying , in Ghana , transport fuel comes down and commodities prices comes down as well. Because govt have a way of appealing to the market even though we practice free market economy. Appealing and negotiation still works.

Which commodities?

You'll learn if you can study Ghana matter with a critical eye.

AfriqueDuZuid:
Ghana had the highest inflation in the world, that's what I'm trying to show you

Ghana inflation only got to 50% , nowhere near the highest in the world

AfriqueDuZuid:
Ghana had the highest inflation in the world, that's what I'm trying to show you

Ghana inflation only got to 50% , nowhere near the highest in the world.

jl115:
they calculate Gdp quarterly not yearly bru..
Every quarter we get updated figures.... Why is this difficult to understand?

Gross domestic product (GDP) is the total
monetary value of goods and services produced and
offered within a country for a specific year. Annually.

Just30:
Ghana inflation only got to 50% , nowhere near the highest in the world.

You wanna live in denial? Suit your self

Just30:
I think he doesn't know what has gone on this year or just trying to prolong a conversation

He is just prolonging the conversation. Unfortunately for him, I'm on holiday.

AfriqueDuZuid:
Which commodities?

You'll learn if you can study Ghana matter with a critical eye.

I am a man of fact ....this is one of them apart from the GPRTU. Try to learn.... You are a bad student ....



This is a used cloth bought with dollars .

AfriqueDuZuid:
Which commodities?

You'll learn if you can study Ghana matter with a critical eye.

Anyone has study Ghana matter knows this ... Commodity prices are largely driven by just two items

Fuel prices and transportation cost... Whenever those two items fall, prices also fall.

Fuel prices is mostly driven by depreciation of the cedi and transportation cost by fuel.

Just30:
that's bad and unfair because transport operators will be the first to ask for an increase in prices when they see fuel prices going up

Fare prices often takes times without ever increasing even even petrol price increases.

So its fair, brings stability in the market

AfriqueDuZuid:
You wanna live in denial? Suit your self

Those are the fact and no one is in denial here.
Fuel prices is expected to drop by a further 20%-30% in the next pricing window starting 1st January

Just30:
Ghana inflation only got to 50% , nowhere near the highest in the world.

he probably want to talk about the cedis devaluation. He actually didn't get the dot. No where has Ghana ever recorded the highest inflation.

AfriqueDuZuid:
Fare prices often takes times without ever increasing even even petrol price increases.

So its fair, brings stability in the market

why should drivers and vehicle owners bear the cost of fuel increases without increasing fares?

Does SA run a subside on fuel?

Just30:
Anyone has study Ghana matter knows this ... Commodity prices are largely driven by just two items

Fuel prices and transportation cost... Whenever those two items fall, prices also fall.

Fuel prices is mostly driven by depreciation of the cedi and transportation cost by fuel.

Brnt crude/Oil prices are what makes petrol price increases. Ghana has budget, debt repayments, fuel price, etc issues

Anyway I think South Sudan was only one with higher inflation

AfriqueDuZuid:
Brnt crude/Oil prices are what makes petrol price increases. Ghana has budget, debt repayments, fuel price, etc issues

Anyway I think South Sudan was only one with higher inflation

yes Ghana has had an outspending budget issue but not a fuel price issue (it's a free, deregulated market) and also does not have a debt repayment issue.

Just30:
why should drivers and vehicle owners bear the cost of fuel increases without increasing fares?

Does SA run a subside on fuel?

SA never has ridiculous price increases or inflation

Taxi owners will increase if There's a need, and that's why commuters don't complain when there's an increase.

Buses and trains are mainly heavily subsidized.

We don't have fuel subsidies

AfriqueDuZuid:
Brnt crude/Oil prices are what makes petrol price increases. Ghana has budget, debt repayments, fuel price, etc issues

Anyway I think South Sudan was only one with higher inflation

nah zimbabwe still remains the country with the highest inflation

AfriqueDuZuid:
SA never has ridiculous price increases or inflation

Taxi owners will increase if There's a need, and that's why commuters don't complain when there's an increase.

Buses and trains are mainly heavily subsidized.

We don't have fuel subsidies

I didn't say SA has ridiculous price increases
I asked why drivers should bare the cost of fuel price increases without increasing fares because you said fuel prices go up without fare increases.

So if you don't have subsides, why should the private person bare the cost of a fuel price increase without transferring it into fare increases?

vaxx:
I am a man of fact ....this is one of them apart from the GPRTU. Try to learn.... You are a bad student ....



This is a used cloth bought with dollars .

Used clothes? Used cars? Imported scrap?

Some things one will never know as they exist in certain countries

Just30:
I didn't say SA has ridiculous price increases
I asked why drivers should bare the cost of fuel price increases without increasing fares because you said fuel prices go up without fare increases.

I never said you did.

That's why commuters understand when prices go up n don't change when petrol price decrease. That's stability to the market.

Fare prices take years to increase! Stability!

AfriqueDuZuid:
Used clothes? Used cars? Imported scrap?

Some things one will never know as they exist in certain countries

Anyway this is a developing country , we still have used items here , clothes, cars even computers and phones . The good thing is the importers have benefits from the rise of the cedis and they are bringing the price of their items down by 30 percent .


Are you telling me there is no used item in SA?

Just30:
I didn't say SA has ridiculous price increases
I asked why drivers should bare the cost of fuel price increases without increasing fares because you said fuel prices go up without fare increases.

So if you don't have subsides, why should the private person bare the cost of a fuel price increase without transferring it into fare increases?

When Fuel prices go down after an increase they also gain, its win win situation or win/loss

AfriqueDuZuid:
I never said you did.

That's why commuters understand when prices go up n don't change when petrol price decrease. That's stability to the market.

Fare prices take years to increase! Stability!

if it doesn't come down, it also becomes unfair to the commuter and that is why Ghana implemented the adjustment formula to both serve commuters and operators interest.

vaxx:
Anyway this is a developing country , we still have used items here , clothes, cars even computers and phones . The good thing is the importers have benefits from the rise of the cedis and they are bringing the price of their items down by 30 percent .


Are you telling me there is no used item in SA?

We don't do used cars imports! Only import for collection/vintage purposes... We have a thriving automative industry

No used clothes imports, we have a textile industry to improve

No used computer/cell imports

Just30:
if it doesn't come down, it also becomes unfair to the commuter and that is why implemented the adjustment formula to both serve commuters and operators interest.

When prices goes significantly go down they also at an advance

vaxx:
nah zimbabwe still remains the country with the highest inflation

Ghana was up there with Zimbabwe and south Sudan, this just shows how bad things have been

AfriqueDuZuid:
We don't do used cars imports! Only import for collection/vintage purposes... We have a thriving automative industry

No used clothes imports, we have a textile industry to improve

No used computer/cell imports

actually youve had a large used clothes business for sometime now untill you had a trade row with the US over used clothing which led to a decrease.