Yam Prices Soar Over 200% Due to Scarcity and Economic Struggles in Ghana

by Louisa Afful
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The price of yam has more than doubled since the beginning of the year. Previously selling at 15 cedis, it now costs between 40 and 50 cedis, depending on the market. Traders attribute this sharp increase to scarcity, higher transport fares, and the general rise in living costs.

At Mallam Atta Market in Greater Accra, yams are priced between 20 and 55 cedis per tuber. A trader mentioned that reducing transport costs could help lower yam prices. Another trader, Madam Comfort, noted that the lowest price for yam is now 25 cedis, blaming the hike on the depreciating cedi and rising import costs for fertilizers.

In the Northern Region, 3 tubers of yam, which used to cost 25 cedis, now sell for 70 cedis. The situation is similar in the Western Region.

Edward Kareweh, General Secretary of the Ghana Agricultural Workers Union, linked the price hikes to Ghana’s poor economic performance. He highlighted that all foodstuffs, not just yams, are experiencing significant price increases. Kareweh stressed that the core issue lies in the struggling agricultural sector, which is critical to the economy.

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