Browsing: GUTA

GUTA contends that instead of the minister taking proactive measures and implementing policies to reduce business costs at entry points like ports, he has rather resorted to making contentious remarks on the streets about traders.

the Ghana Union of Traders (GUTA) has called on regulators of the forex market to fast-track the proposal of making the Chinese Yuan as the only trading currency when doing business with China. They believe such a move will reduce pressure on the Cedi because imports will not be done with US dollars as most Ghana’s import currently come from China because of their cheaper products and cost.