Drinking water gradually becoming a luxury in Ghana as stakeholders project sales to go up by 9.0 Ghana cedis per bag with 3 cedis going for one bottle.This comes in tangent with the West African country’s increasing rate of inflation which currently stands at 33.9% in the month of August with announcement of a likely increase in transport fares once again in a 30% rate.

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The little West African country with mass mineral resources currently stands as the country with the second worst currency in the world and worst in Africa per reports by bloomberg.

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The Ghana cedi is only ahead of the Sri-Lankan rupees globally.The Ghanaian government seems to have lost control over the economy as goods and services keep skyrocketing in the country where national minimum wage currently stands at 13.53 cedis(1.4 dollars) per day thereby bringing hardship to the working class whose salaries remain same with depreciation in the currency.

Source:Afrikan Tower