The Ghana National Association of Authors and Publishers (GNAAP) says it would increase the prices of primary school and senior high school textbooks by at least 60% beginning September 2024.
According to the association, the decision was reached due to the burden caused by high import levies and the current cedi depreciation. Although inflation has dropped marginally, the Ghana cedi is still falling against major currencies like the US dollar.
At a press conference in Kumasi on Thursday, announcing the move to increase book prices, GNAAP said it might be forced to further hike prices if the government fails to provide an intervention.
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“The value of books funds in debt are huge and publishers are losing their purchasing power on daily basis due to high rate of inflation and high cost of borrowing. We do not wish that books become more expensive. However, these conditions only hold if government considers reviewing some of its port charges that are increasing the cost of books,” said John Akwasi Amponsah, president of the association.
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Should they go along with the decision, then primary school textbooks selling between GHC 50 and GHC 60 will be priced at GHC 80, while books for junior and senior high schools will sell for as high as GHC 180.
