The tricycle business in Ghana has quickly become a major source of employment for many young people. However, it has not been immune to the harsh economic conditions that have plagued the country.
The riders have mentioned that it has been a significant source of income for those involved in the business. When asked about their daily earnings, they noted that it varied depending on the day.
In a special report with GhanaWeb Business, one rider said: “We prefer not to disclose the exact amount we make because sometimes it causes issues with the car owners. On good days, I can make around GH¢300, GH¢350, or GH¢400.”
They also highlighted that the price of rides has more than doubled over the past four years. A tricycle that was sold for GH¢9,200 in 2020 is now being sold for GH¢26,000, according to a rider interviewed by GhanaWeb TV.
He explained, “I purchased it for GH¢9,200 in 2020, and now it’s GH¢26,000. Some days, I make around GH¢250, GH¢300, or GH¢400 in sales, depending on the day.”
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