The president of the Ghana Union of Traders’ Associations (GUTA) says the reason prices of goods remain high despite the cedi’s recent gains is that the traders don’t trust that the gains will last. Dr. Joseph Obeng, speaking on JoyNews’ PM Express on Monday, May 12, said traders have been cautious because of what they’ve experienced in […]
Tag: Dr. Joseph Obeng
2025 Budget welcoming, gov’t has shown good intentions – GUTA president
The President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has described the 2025 Budget Statement and Economic Policy as welcoming. This comes after the Finance Minister in the 2025 budget presentation announced the abolition of several taxes, including the Covid-19 levy, Betting Tax and E-Levy. In an interview on Joy FM‘s Newsnight […]
2025 Budget: GUTA calls for tax cuts, currency stability, and cost reductions
The Ghana Union of Traders’ Associations (GUTA) has expressed cautious optimism ahead of the government’s 2025 Budget Statement, emphasising the need for significant reforms to reduce the cost of doing business. The Association welcomed assurances from the new administration to streamline the tax system and cut down taxes, duties, and levies, which have long been […]
GUTA calls for immediate withdrawal of 5% excise tax on plastic manufacturing companies
The Ghana Union of Traders Association (GUTA) has demanded the immediate withdrawal of the 5% Excise Tax imposed on plastic manufacturing companies to prevent their collapse. In a press release on Wednesday, July 3, the Union’s Secretary General, Alpha Shaban, stated, “We do not want to believe government is being insensitive to the plight of […]
GUTA strike suspended
The Ghana Union of Traders Association has suspended its strike action. This is contained in a press release signed by the General Secretary of the Association, Alpha A. Shaban. According to the release, the decision comes on the back of a meeting with the King of the Ga State, Mantse Nii Tackie Teiko Tsuru II […]
GUTA urges members to close shops over inflation
The Ghana Union of Traders Association (GUTA), has urged its members in Accra to close down their shops from Wednesday till Monday, October 24, 2022. The move is to protest against rising inflation, depreciation of the Ghana Cedi and high lending rate due to an increase in the policy rate by the Bank of Ghana. […]
We made inputs into disinfection contract; we’re major stakeholders-GUTA President to Aviation Minister
The President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng says the Association made several valuable inputs into the contract which was awarded by government through the Ministry of Health and the Ghana Health Service for the disinfection of all imports and exports at the Sea ports and points of entry. Dr. […]
Cedi depreciation: GUTA urges BoG to clamp down on black market operators
The Ghana Union of Traders Association (GUTA) says they have never thrown their support behind the activities of black market operators in the country as being peddled in some sections of the media. They argue that they have been at the forefront of advocating for the Bank of Ghana to clamp down on the activities […]
GUTA lauds government for interventions at Ghana’s ports
President of the Ghana Union of Traders Association, Dr. Joseph Obeng, has expressed excitement for the reduction in benchmark and home delivery values of general goods and cars respectively at the Ghana’s ports. He stated that the reduction brings relief to the cost of doing business at the country’s ports, among other interventions that have […]