Traders at the Kokomba market in Ghana have voiced distress over a sharp increase in yam prices, citing significant impacts on their livelihoods and consumer behaviour.
Concerns were raised about the drastic price hikes at the bustling market, where yams are prominently displayed and traded. Jabil Yookum, a seasoned trader with two decades of experience, highlighted the stark price rise, noting that what used to cost GHC1,000 per bag in 2023 now commands GHC3,000.
According to the traders, factors contributing to this surge include changing weather patterns affecting yields and escalating petroleum prices that inflate transportation costs.
Madam Jane, another trader, lamented a decline in daily sales as customers scaled back purchases due to affordability challenges posed by the inflated prices.
Rosina Amponsah, a fried yam vendor, expressed worry over the feasibility of continuing her business amid these financial pressures.
Despite the current hardships, traders and consumers hold onto hope for relief. They anticipate that upcoming factors such as seasonal rains and potential reductions in fuel costs could ease the strain on yam prices, offering some respite shortly.
