Business in Upper West Region is lucrative to do despite several factors hindering smooth movement of some goods including food items from communities as a result of Deplorable roads including Tumu to Wa Road, Dorimon to Wa Road, Kulkpong-Loggu To Wa Road etc.

The Upper West Region records the highest inflation hovering around 37%. A bad Economic Indicator affecting inflation in the Region.

These are goods, services or items that should get significant price reduction in the Region.

1. Cement: Prices of cement should drop significantly because currently as at 17th of October, the dollar was trading at Ghc10.75, a Development that necessitates this requirement.
   Checks revealed that some sellers have brought down prices to Ghc99.
2. Motorbikes: Prices of Motorbikes and their spare parts are yet to get a satisfactory reduction in prices a development that has affected consumer confidence, several consumers are looking elsewhere including Tamale, Techiman for affordable prices.
3. Hotel Bills: Hotel Bills should get significant reduction to woo investors into the region, some hotels in Wa are charging at least Ghc300 a night, extremely high for a developing region.
4. Animals: Animal farmers have been on the list of traders selling at High prices, checks revealed that a Fowl was going for Ghc150 at Wa fadama whilst a goat was going for Ghc700, that was at the high side considering the fact that prices of food items have dropped.
5. Lorry/Tricycle Fares: Transportation triggers economic growth and with the high charges Tricycles and vehicles including urvans charge, it may trigger further economic Setbacks on Prices of some goods and services.
6. Processed Food: price of such foods should be down because wholesale prices are down including products such as oil, food shouldn’t be so expensive in restaurants and other places currently.
7. Drinks: Bottled drinks including Beer, Energy drinks etc should have Their prices reduced because the dollar was a factor considered to increase prices, currently interested rates on loans have dropped from 28% to 23% so we need to review prices downward.

Incase we’ve skipped something you can add it in the comments session below.

Source: Upper West Media App