Cost of Living

Despair Has Become The Daily Bread Of Ghanaians Amid Cost Of Living Crisis

Regardless of the circumstance, the average Ghanaian’s favorite platitude is “we are managing.” Be it a rough patch in school, scraping for the rent or struggling with a rickety car, the ordinary Ghanaian is likely to still point to the light at the end of the tunnel. The first months of 2022 have changed that.

You needn’t point to the 13-year high in inflation (23.6%) or other data points to know that. All you require is a quick trip through town, where the hike in fuel prices, transport fares and food prices are pummeling Ghanaians into submission. For example, Ghana’s Statistical Service noted that in April 2022, rising food prices accounted for 50% of inflation.

Ghana’s cost of living crisis isn’t just about rising prices. It also has to do with static incomes and depreciating savings. Everything is going up except salaries. Then there’s the small matter of a government that has not helped ease the misery of Ghanaians with its insincere posturing.

While key factors driving up the cost of living are global, Ghanaians are frankly tired of officials that hold up the COVID-19 pandemic and more recently, the war in Ukraine, as the reason for the prevailing despair.

What would be a change of pace will be for the government to acknowledge failings in critical areas during its six years in power. We are a far cry from the days when Ghana’s President, Nana Akufo-Addo, proclaimed that his administration had “the men” to protect the public purse, secure an economic turnaround and usher in an era of industrialization and prosperity.

Now, all Ghanaians have are slogans like ‘One District, One Factory’ and ‘Planting for Food and Jobs’ that elicit scorn instead of hope. For most Ghanaians, we live in a utopia of development and progress – but only on paper, because we are great at identifying problems and formulating inspiring manifestos and development plans. The reality, however, feels like a gyre of curses and misfortune.

The buck always stops with leadership. What Ghanaians see when they look to theirs for empathy and direction is a complete lack of it. Consider the picture of citizens commuting in chunks of tetanus on a daily basis as President Akufo-Addo came under fire for obscene amounts spent on a luxury jet for travel.

The symbol of government insensitivity in recent months has, however, been the new and controversial 1.5 percent tax on all electronic transactions above 100 Ghana cedis ($13). For those already paying income tax, one understands why the levy is considered cruel double taxation. But the government’s commitment to the taxes on fuel is the bigger cruelty for me.

Fuel is viewed as having the most consequential ripple effect on the cost of living. Part of this is because the tax build-up of finished fuel products, sometimes described as nuisance taxes, make up about 29% of what Ghanaians pay. When fuel prices go up, so do transport prices, and then food, and then commerce becomes the wild west.

In one of the more infuriating recent developments, public school feeding caterers, who serve vulnerable and poor kids, have had to protest to demand an increase in the current daily allocation of 0.97 Ghana cedis ($0.13) per child. Unconscionable.

Just when Ghanaians thought things could not get any worse, the utility companies distributing electricity and water popped up like horsemen of the apocalypse, indicating they want a 148% and 334% increase in tariffs, respectively. With a lot of Ghanaians and businesses already stretched thin, this could be a killing blow.

Ghana’s social emergency is all too real, and it is high time the current government acknowledged how false promises have intensified this crisis. Flagship programs that were supposed to address fundamental issues like food security are bearing rotten fruits. Ghana wouldn’t be depending this much on imports and crippling the Ghanaian cedi if a policy like ‘Planting for Food and Jobs’ was working.

Because of this, Ghana’s main agricultural worker’s union talks like Ghana an Old Testament famine is about to befall Ghana. Who can blame them? As the weeks go by, I doubt them less.

But as Ghanaians hold the government to the fire and demand accountability, they must also hold a mirror to themselves. Perhaps it is time Ghanaians finally prove Kwame Nkrumah right for saying “Ghanaians are not timid people… They may be slow to anger and may take time to organize and act. But once they are ready, they strike and strike hard.”

Like the distressing scenes in Sri Lanka, we must not swat at this crisis with despair. Instead, our feet should become one with the streets as we voice our anger at the government’s incompetence and demand a leadership that treats its people with dignity.

Latest Stories

A police officer in camouflage detains a male protester wearing a red beret as a cameraman records the event during a youth-led demonstration against a proposed finance bill.

The New Frontline: Youth Uprisings Across Africa Spark A Fight For Democracy And Dignity

1 month ago
Across the African continent, an unprecedented wave of youth-led uprisings is shaking the pillars of political regimes that have held power for decades. In...
Heads of State for Burkina Faso, Captain Ibrahim Traoré (left) and Colonel Assimi Goïta of Mali (right).

Africa’s Coup Governments: When Elections Become An Exhausted Idea Confirming Democratic Fatigue

10 months ago
The trending successful military coups in West Africa today indicate the continuation of political processes and leadership by another method. Their executions have been...
The Labour Party logo and Peter Obi

Labour Party And The Future Of Radical Politics In Nigeria

10 months ago
Needless to say, the 2023 elections happened amid overwhelming disillusionment with the system and popular discontent with the major establishment political parties—the ruling All...
Good road networks key in trade facilitation

Political Instability, Intra-state Conflicts, And Threats To AfCFTA Agreement’s ‘Made In Africa’ Aspirations

11 months ago
The African Continental Free Trade Area (AfCFTA) is arguably the African Union’s (AU) biggest project since the launch of the continent’s Agenda 2063 in...
Picture of journalists and victims of forced evictions in Mosafejo-Oworonshoki

How The Lagos State Government Demolished Houses Of Low-Income Earners In Mosafejo-Oworonshoki, Forced Over...

11 months ago
In a sudden turn of events, piles of wreckage became the only remnants of what used to be homes to over 7,000 people, women,...
African leaders pose for a photo in St. Petersburg, Russia.

Russia-Africa Relations: Africa’s Entanglement With Politics Of Patronage Without Liberation

1 year ago
There are intense political and intellectual debates unfolding in Africa. Since February 24 last year, when war broke out in Europe following Russia’s special...
Protestors at a mine at the settlement of Uis in Namibia's Erongo region

Namibia Lithium Battle

1 year ago
On June 27, 2023, a judge of the High Court of Namibia, Ramon Maasdorp, ruled that the Southern African country’s Minister of Mines and...
Operation Dudula supporters marched in the Johannesburg Central Business District.

Operation Dudula

1 year ago
There is no direct translation for the word Dudula in the English language, but the president of the organization that started off as a...
Lunch hour in Windhoek's Central Business District (CBD) with residents walking through Post Street Mall, Windhoek's main business center..

The Tragedy Of Namibia’s Working Poor

1 year ago
At the dawn of independence in 1990, a public servant working in an entry-level position for the state could afford to buy themselves a...
The Economic Freedom Fighters (EFF) celebrate 10 years at the FNB stadium in Johannesburg.

Economic Freedom In Our Lifetime

1 year ago
A packed FNB stadium with over one hundred thousand supporters demonstrated the mass appeal of the Economic Freedom Fighters (EFF) amongst South African voters...
Monica Geingos, First Lady of the Republic of Namibia and President of the Organization of African First Ladies for Development.

Organization Of African First Ladies For Development

1 year ago
The Organization of African First Ladies for Development (OAFLAD) launched the #WeAreEqual Campaign on Wednesday, August 23, 2023, at a banquet ceremony held in...
Dumisani Baleni EFF South Africa Communications officer for Gauteng Province, South Africa.

EFF Confronts Racism In South African Schools

1 year ago
An incident involving a thirteen-year-old girl child at the Crowthorne Christian Academy in South Africa led to the schools' closure and the re-sparking of...
African leaders discussed the African Continental Free Trade Area (AfCFTA) at the 36th African Union (AU) Summit held on 18th February 2023 at the AU headquarters in Addis Ababa, Ethiopia.

Africa’s Rebirth At 60: Carrying Noble Ideas That Nobody Is Willing To Implement

1 year ago
To most academics, intellectuals, and pragmatists advocating for a genuine Pan-African renaissance six decades after the founding of the Organisation of African Unity (OAU,...
Photo Of newly inaugurated President, Bola Tinubu, and immediate past President, Muhammad Buhari.

Tinubu’s Inauguration: End Of An Error, The Dawn Of Calamity

1 year ago
"I am confident that I am leaving office with Nigeria better in 2023 than in 2015." President Buhari ended his farewell speech with this...
Zimbabwe’s President posing for a photo with his guests.

IMF And World Bank: The ‘Bad Samaritans’ And Neoliberals Cheating Africa Into A Cycle...

1 year ago
The Western liberal consensus has long been intervening and interfering in Africa. The first form of intervention was through the slave trade from the...