Citi Business News

Tag: Import Duties

Importers plead with gov’t to extend three month dollar hedging at ports

Apr 13, 2019

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by

Bobbie Osei

in Business, Government, Local Economy, Markets, Top Stories, Transport

Some importers have appealed to government to further extend the three months pegging of the dollar rate to the cedi at the ports to six months. Even though they commend government for its decision to peg the local currency at 5 Cedis 8 pesewas to a Dollar at the ports for the next 3 months,…
Our imports not a nuisance; we can’t do without importation – GUTA

Apr 1, 2019

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by

Delali Adogla-Bessa

in Business, Top Stories

The Ghana Union of Traders Associations (GUTA) has refuted suggestions that it lobbies the government for favourable import conditions to the detriment of local industries. “On the contrary, most of us want to migrate into manufacturing,” GUTA’s President, Joseph Obeng, said on the Citi Breakfast Show. Mr. Obeng explained further that importers only seek to…