GUTA Suspends Planned Protest To Lock Shops

Members of the Ghana Union of Traders Association have halted their initial intention to close shops from Monday in protest against what they say were unfavorable government policies affecting private businesses.

GUTA did the u-turn after a crunch meeting between its leadership and the Council of State, led by its chairman, Nana Otuo Siriboe II.

A joint committee composed of members of GUTA and the Council of State has been set up to diagnose the issues, and come up with a cause of action for further deliberation and implementation.

The issues to be discussed include interest rate, exchange rate as well as the influx of foreigners within the local trading space, especially in the markets.

The committee is expected to begin its work on Monday, August 29, 2022.