Tag: GUTA
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GUTA reiterates calls for affordable credit facilities ahead of 2021 budget reading
The Ghana Union of Traders Association (GUTA) has reiterated calls for affordable credit facilities. GUTA says as part of the budget reading on Friday, the trading community is hoping to have this among other concerns addressed. The budget will be laid in Parliament on Friday, March 12, 2021, by the Majority Leader and Parliamentary Affairs…
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GUTA calls for establishment of a traders’ bank
The Ghana Union of Traders Associations, GUTA, says it’s major expectation from the Trade Minister, Alan Kyerematen is the establishment of a trader’s bank. According to the association, although talks had begun towards the plan in previous years, the COVID-19 pandemic halted its progress. Speaking to Citi Business News, President of GUTA, Dr Joseph Obeng,…
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Okonjo-Iweala’s WTO appointment a win for AfCFTA – GUTA
The Ghana Union of Traders Associations, GUTA, says the appointment of Ngozi Okonjo-Iweala as the new chief of the World Trade Organisation is a big win for the African Continental Free Trade Area (AcCFTA) Agreement. The former Finance and Foreign Minister of Nigeria was confirmed for the top job in February this year. President of…
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GUTA demands emergency engagement with stakeholders over port charge increment
With only a few days to the commencement of the increment of charges by the Ghana Ports and Harbours Authority, the Ghana Union of Traders Association (GUTA) has called the move a rip-off. The Association explains that it will be prudent to hold an emergency stakeholders’ engagement to prevent any disaffection that may cause agitations…
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GUTA laments Benin’s withdrawal from ECOWAS Trade Liberalization Scheme
The Ghana Union of Traders Association, GUTA, is calling on government to engage in talks with Benin over the latter’s decision to withdraw from the ECOWAS Trade Liberalization Scheme. According to GUTA, the situation stands a chance of hampering the business of its members trading with the country. In an interview with Citi Business News,…
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GUTA urges ECOWAS members to fully comply with trade laws
In order to resolve trade impasses between countries in the West African sub-region, President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has asked all stakeholders to follow the appropriate laws governing trade among the states. Citing the example of the recent impasse between Ghanaian and Nigerian traders, Dr. Obeng believes obeying…
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Follow COVID-19 protocols or we risk another lockdown- GUTA to traders
The Ghana Union of Traders Association (GUTA) is admonishing its members to ensure strict compliance with the COVID-19 protocols as they conduct their businesses. According to the association, the call has become necessary due to another spike in the number of cases recorded in Ghana. In an interview with Citi Business News, President of the…
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GUTA welcomes Alan Kyerematen’s renomination as Trade Minister
The Ghana Union of Traders Association (GUTA) is elated with the president’s renomination of Alan Kyerematen, as Trade Minister. He served in the portfolio during the first term of President Akufo-Addo and GUTA believes he is so far the best minister to have been assigned to the ministry. Speaking to Citi Business News, President of…
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AfCFTA: GUTA calls for access to cheaper credit to be competitive
The Ghana Union of Traders Association (GUTA) says it will require access to cheaper credit to be able to take full advantage of the African Continental Free Trade Area (AfCFTA) agreement. According to the Ghana Union of Traders Association, the commencement of the AfCFTA means it would now have to compete with businesses from other…
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GUTA to commence cross-border trading with Nigeria
The Ghana Union of Traders Association (GUTA) says its members will commence brisk business with Nigeria with the reopening of the country’s land borders. Speaking to Citi Business News, President of the Association, Dr Joseph Obeng, says the opening of the borders is timely for the business of its members. He stated that “It is…