‘Adjust prices with immediate effect’ – GUTA to traders as cedi gains strength

The Ghana Union of Traders’ Associations (GUTA) is urging traders to lower prices. This call comes after the recent appreciation of the cedi.

In a clear statement, GUTA asked traders to adjust their prices. They want the currency gains reflected in goods and services.

GUTA noted that the cedi has gained significantly against major currencies. They believe this should provide relief for ordinary Ghanaians.

The union wants traders to act quickly. They feel consumers deserve to benefit from the currency stability.

GUTA emphasizes that this issue is both economic and moral. They are asking members to show fairness as the cedi improves.

Dr. Joseph Obeng, President of GUTA, signed the statement. He kept it short and direct, emphasizing urgency for action.