President of the Association of Ghana Industries (AGI), Dr Kofi Nsiah-Poku, says the recent appreciation of the cedi is not enough to trigger immediate price reductions, as manufacturers are still recovering from heavy losses incurred during the period of a weak currency. Speaking on Joy News’ PM Express Business Edition on Thursday, he explained that […]
President of the Ghana Union of Traders’ Associations (GUTA), Clement Boateng, has accused some traders of deliberately refusing to reduce prices despite a drop in input costs. Speaking on Joy News’ PM Express on Monday, Mr Boateng said the cedi’s appreciation has delivered gains for the business community, and those benefits must be reflected in […]
A new survey by Global InfoAnalytics indicates a widespread belief among Ghanaians that the prices of goods and services will largely decrease within the next six months, signalling a robust sense of economic optimism among the populace. The poll, conducted by Mussa K. Dankwah, Pollster and Head of Research at Global InfoAnalytics, revealed that 55% […]
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 […]
The Ghana Union of Traders’ Associations (GUTA) is calling on traders to cut prices in response to the recent appreciation of the cedi. In a brief but firm statement, GUTA appealed to the trading community to reflect the currency gains in their pricing. “We wish to appeal to the trading community to adjust prices of […]
