The Ghana Union of Traders’ Associations (GUTA) has called on members of the trading community to review and adjust the prices of goods and services in response to the recent appreciation of the Ghanaian cedi against the US dollar and other major trading currencies. In a statement signed by …
Read More »GUTA Applauds BoG For Stabilising Cedi, Boosting Business Confide
The Ghana Union of Traders’ Associations (GUTA) has commended the Bank of Ghana for its effective management of the foreign exchange market, which has contributed to the strengthening of the Ghanaian cedi against major foreign currencies since the beginning of the year. In a press statement signed by GUTA President …
Read More »Tariff Increases Will Cripple Traders — GUTA Slams PURC
The Ghana Union of Traders’ Association (GUTA) has strongly criticised the Public Utilities Regulatory Commission (PURC) over recent utility tariff hikes, describing the Commission’s justification as unconvincing and tone-deaf to the current economic hardship facing businesses and ordinary Ghanaians. This follows PURC’s announcement of a 14.75% increase in electricity tariffs …
Read More »GUTA Dissociates Itself From Its President’s Comment Urging Gov’t To Retain E-levy
The Ghana Union of Traders’ Associations (GUTA) has clarified that the recent remarks by its President, Dr Joseph Obeng, on retaining the E-Levy to support SMEs and the proposed Women’s Development Bank are his personal views and do not represent the official stance of the association. In a press statement, …
Read More »Ghana’s Cedi Depreciation Is Creating A Big Mess For Business Community – GUTA
The Ghana Union of Traders Association (GUTA) has called on the government to take urgent measures to ensure the cedi appreciates against major trading currencies, especially the dollar. “GUTA expresses its readiness to collaborate with the government and other stakeholders on this issue,” it added in a statement dated May …
Read More »“Dumsor” Is Negatively Affecting Businesses; Release Load-shedding Timetable – GUTA Tells ECG
The Ghana Union of Traders’ Associations (GUTA) has joined calls for the Electricity Company of Ghana (ECG) to release a load-shedding timetable, as the ongoing power interruptions are negatively affecting businesses and livelihoods across the country. In a statement, GUTA highlighted the significant impact of the power outages on various …
Read More »Ghana Is Not In A Price Control Regime – GUTA Tells Govt
Ghana Union of Trade’s Associations (GUTA) is urging policymakers in goods and services to reduce the cost of duty fees on goods, including shipping line charges, transportation costs, and utility tariff regimes. The Association attributed the significant increase in goods in the country to these charges and urged policymakers to …
Read More »NDC MPs Hails Government’s Retreat On Import Restrictions Bill – Full Text
The Minority in Parliament has expressed its satisfaction with the government’s decision to suspend the laying of the controversial Import Restrictions Bill before Parliament. In a press statement issued on Friday, December 8, and signed by their leader, Dr. Cassiel Ato Forson, the Minority commended the government for allowing common …
Read More »“Gov’t Disappointed In GUTA Over Closure Of Shops”– Dep. Trade Minister
Deputy Trade Minister, Micheal Okyere Berfi, says government is disappointed in the Ghana Union of Traders Association (GUTA) over the closure of shops. This comes after GUTA directed all of its members to close their stores for three days to protest current economic conditions. Atinka News’ visit to Abbosey Okai and Okaishie Markets today Wednesday October 19, 2022, confirmed that the traders had started the three-day action. Some traders …
Read More »GUTA: Our Members Are Calling For A Demonstration Against Gov’t
The President of the Ghana Union of Traders Association (GUTA) has raised concerns about the depreciating value of the cedi and its effect on businesses in the country. Speaking in an interview on The Probe on Sunday, Mr. Joseph Obeng stated that members of GUTA are calling for a demonstration …
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