Dr Joseph Obeng, president of the Ghana Union Traders Association (GUTA ) does not have any qualms with the new strategy being adopted by the Bank of Ghana not to give forex support for the importation of food items such as rice, vegetable oil, poultry, toothpick, pasta, ceramic tiles and
Category: Business
Fuel prices to drop by Wednesday – COPEC
According to the Chamber of Petroleum Consumers, prices of petrol and diesel will drop in the second pricing window of November but …
AKufo-Addo must be on another planet – Steve Hanke
Professor Steve Hanke, a professor of Applied Economics at Johns Hopkins University who has always been vocal about the Ghanaian economy has mocked President Akufo-Addo over his comments that he will turn the Ghanaian economy around. He was reacting to a story published on Ghanaweb where the Trade and Industry
Price of sachet water increases to 60 pesewas from today
Prices of sachet and bottled water would go up today 31st October 2022 according to an announcement made last week. The National Association of Sachet and Packaged Water Producers made calls for an increment in the prices of the product to 60 pesewas. It recommended that 500ml bottled water be
Let’s curb inflation by consuming made-in-Ghana products – CEO of Royal Vina Rice
The Chief Executive Officer of Royal Vina Ghana Rice & More, Ms Davina Sheilla Mensah has called on Ghanaians to do their best to consume products that are made in Ghana ahead of Christmas as a means to curb the high costs of goods and services in the country in
VIP Jeuon increases transport fares, Accra to Kumasi now GHS100
Before other transport unions agree to an upward adjustment of transport fares, VIP Jeoun Transport Services has already kick-started announced theirs with passengers expected to start paying the new fares on Monday, October 24. The VIP Jeoun Transport Services in a statement on 23rd October 2022 communicated the new adjustment
GUTA calls off strike, directs members to open shops today
Members of the Ghana Union Traders Association decision to close their shop to protest against the unfriendly business climate has been reversed. Traders closed their shops on Wednesday as part the protest against the government as they pressure authorities to fix the deteriorating economy. The current harsh economic climate in
Locking up your shops won’t change anything – traders told
Mr Joe Jackson, Director of Business Operations at Dalex Finance does not believe the closure of shops by angry members of the Ghana Union Traders Association will have the desired impact and get a rapid response from the government. Mincing no words in his response to GUTA’s move during a discussion
Government expresses disappointment in GUTA for closing down shops over broke economy
The decision by the members of the Ghana Union Traders Association (GUTA) to close down their shops for six days has not gone down well with the government. A Deputy Minister of Trade, Michael Okyere Baafi revealed that after the threats issued by GUTA, the government started engaging them and did