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    Ghana’s unsustainable debt largely attributed to Energy Sector – World Bank Rep

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

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    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

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    Ghana’s unsustainable debt largely attributed to Energy Sector – World Bank Rep

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    We’ll be swift with Ghana’s economic recovery – Ofori-Atta

    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

    Pay us by borrowing from treasury bill market- Pensioner bondholders reiterate calls to govt

    Ghana’s energy sector needs audit to ascertain debt levels – COPEC

    Sole implementation of cylinder recirculation model threatens our investment – LPG Operators

    Mobile money disrupted banking in Ghana – Zeepay CEO

    Independent Power Producers demand 30% payment of arrears

    We are confident of meeting IMF conditions for fiscal consolidation – Ofori – Atta

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    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

    Mobile money disrupted banking in Ghana – Zeepay CEO

    Ghana’s oil reserve recording steady growth – GNPC CEO

    Fuel pricing: COPEC predicts marginal drop in first window of June 2023

    ACEP pushes for research in Africa’s energy sector

    African leaders urged to employ energy policies that will transform Africa

    COVID -19 levy must be abolished – Importers & Exporters insist

    Halt implementation of utility tariffs increment- FABAG tells govt

    Govt maintains COVID-19 levy despite calls for removal

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    Cyber Security Authority mandate critical to country’s development – Joseph Cudjoe

    MTN shareholders given choice to convert dividend or take cash

    Ghana gets $300 million from US to build first-of-its-kind data center

    Telcoms industry players urged to partner government to promote clean energy transition

    Dominion University To Partner With USA Organisations To Set Up Centre Of Excellence For Artificial Intelligence

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

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    Mining propels Ghana to beat growth estimates in fourth quarter

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    Foreign exchange: Several African countries have a shortage of US dollars – why this happens and how to fix it

    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

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TAGG urges members to defy GUTA’s orders to close shops over economic hardships

byBenjamin AklamaandMichael Ogbodu
October 18, 2022
in Business, Top Stories
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The Traders Advocacy Group Ghana is urging its members to keep their shops open despite calls by GUTA to the contrary.

The Ghana Union of Traders Association (GUTA) asked its members to close their shops on Wednesday in protest of the current economic situation in Ghana.

The dollar rate, inflation rate, lending rate and the cost of fuel are all at alarming levels, a situation that has set many tongues wagging, calling on the government to salvage the situation.

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Speaking at a press conference, the secretary of Traders Advocacy Group Ghana, Nana Poku, stressed that the closure of shops would only worsen the plight of traders.

Mr. Nana Poku urged membership of TAGG to “keep their shops open to keep body and soul together”. He said even though the closure of shops seems a plausible means of drumming home their concerns, the impact will be unbearable.

“We still have to feed our children and bear all responsibilities in spite of the hardship in the country. Even with our shops open, we are not able to do so effectively so what then happens if we shut down?” Nana Poku added.

While assuring members of TAGG of their commitment to continue to fight for their welfare, Nana Poku noted that the protest for a change in the economic fortunes of the country is necessary and must continue hence his directive to all members to “continue to wear red armbands, wearing red and black clothes and put red banners in front of their shops”.

This will be the second time TAGG has called on its members to defy such orders by GUTA to close down their shops across the country.

 

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Ghana’s unsustainable debt largely attributed to Energy Sector – World Bank Rep

byNii Larte Lartey

Pierre Frank Laporte, the World Bank (WB) Country Director to Ghana, says Ghana’s energy sector debt is a major contributor...

Read more
Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

We’ll be swift with Ghana’s economic recovery – Ofori-Atta

Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

Pay us by borrowing from treasury bill market- Pensioner bondholders reiterate calls to govt

Ghana’s energy sector needs audit to ascertain debt levels – COPEC

Sole implementation of cylinder recirculation model threatens our investment – LPG Operators

Mobile money disrupted banking in Ghana – Zeepay CEO

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Business slows in Accra as traders close shops in protest

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