Expect prices of books to increase – GNAAP to schools and parents

The Ghana National Association of Authors and Publishers (GNAAP) is instituting a new price increment for books and stationery for schools.
The increment which took effect on 8th November 2022 will affect bookshops, basic schools, Junior and pre-tertiary institutions.

GNAAP named the current exchange rates, inflation, payment terms, and interest rates as factors accounting for the increment.
High fuel prices, utilities and discounts given to schools are also noted reasons for hikes.

The GNAAP president, John Akwasi Amponsah, was speaking at the press conference on challenges facing the book industry in recent times.
He mentioned that the dollar to cedis rate has increased importation of stationary materials.
Mr. Amponsah again stated that port duties have increased twice the previous year.