Tag: GUTA
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GUTA welcomes Nigeria’s decision to reopen its land borders
The Ghana Union of Traders’ Association, GUTA, says it is looking forward to the reopening of the Nigerian border for trade activities to return to normalcy. According to them, this is critical to the success of the implementation of the African Continental Free Trade Area (AfCFTA). The Nigerian government in August last year closed its…
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GUTA wants commitment from political parties to address concerns of traders
The Ghana Union of Traders Association (GUTA) wants political parties to commit to addressing the lack of access to affordable credit in their manifestos. The association contends this will help in addressing the many challenges of businesses occasioned by the COVID-19 pandemic. The Progressive People’s Party last week paid a visit to GUTA to understand…
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Limited access to capital for Ghanaian traders deepening rift with Nigerian retailers – Awuah-Darko
Spokesperson on Trade, Industry and State Enterprises for the opposition National Democratic Congress (NDC), Kwame Awuah-Darko, has blamed the continuous dispute between Ghanaian traders and their Nigerian counterparts on the lack of access to funds for the Ghanaian traders which make them uncompetitive. Some members of the Ghana Union of Traders Association, GUTA, have attributed…
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We’re confident Nana Addo’s ECOWAS appointment will help address trade disagreements – GUTA
The Ghana Union of Traders’ Association (GUTA), says it is hopeful that the President, Nana Akufo-Addo’s appointment as the ECOWAS Chair will help address trade-related issues among members of the Community. GUTA said this in a statement to congratulate the President on his new appointment as the Chairman of the Economic Community of West African…
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GUTA calls for inclusion of trade unions in Ghana-Nigeria talks
The Ghana Union of Traders’ Association, GUTA, says the ongoing deliberations seeking to improve trade relations between Ghana and Nigeria would fail if such discussions are not spearheaded by the leading trade organizations in the two countries. The comments follow ongoing discussions between a Nigerian delegation led by the Speaker of the Nigerian House of…
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Ghana and Nigeria begin high level talks to settle trade dispute
A Nigerian delegation led by the Speaker of the Nigerian House of Representatives, Olufemi Gbajabiamila, and a Ghanaian delegation led by Ghana’s Speaker of Parliament, Prof. Aaron Michael Oquaye, are in talks to find ways to improve trade relations between the two countries. This follows recurring tensions between Ghanaian and Nigerian retailers in parts of…
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Call Nigerian traders in Ghana to order – GUTA writes to Buhari
The Ghana Union of Traders’ Association (GUTA) has accused members of the Nigerian Union of Traders Association in Ghana (NUTAG) of feeding the President of Nigeria, Muhammadu Buhari with false information concerning retail trade in Ghana. NUTAG, had earlier complained that its members had over time endured a series of “progressive acts of hostility” allegedly…
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Stipulate clearly AfCFTA rules of origin for all member states – GUTA to AU Commission
The Ghana Union of Traders’ Associations (GUTA), has appealed to the African Union (AU) Commission as well as the sub-regional bodies to clearly outline the rules of origin and sensitize citizens of all member states regarding the implementation of the African Continental Free Trade Area (AfCFTA). The rules of origin are the criteria needed to…
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Retail shops operated by foreigners at Tiptoe lane closed down
The Committee on Foreigners in Retail Trade on Thursday, August 13, 2020 locked up shops of foreign nationals at Tiptoe Lane near the Kwame Nkrumah Interchange in Accra. According to the taskforce, the exercise was in line with recommendations from the committee probing the impasse between Ghanaian traders and the foreign counterparts over foreign participation…
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Trade Ministry announces roadmap for inspection of foreign-owned retail shops
The Ministry of Trade and Industry has announced that all shops closed by the Ghana Union of Traders Association, GUTA, as well as shops already opened in designated operational areas will be opened for assessment by the Committee on Foreign Retail Trade, CFRT, effective August 10, 2020. According to the Ministry, this is part of…