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GUTA reduces prices of goods

JoyNewsRoom by JoyNewsRoom
July 17, 2019
in News, Politics
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GUTA reduces prices of goods
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The Ghana Union of Traders Associations (GUTA), says prices of goods of its members have been reduced between 10% and 15%.

This follows the 50% reduction in benchmark values on imported goods and 30% on calculated value of vehicles.

According to GUTA, the reductions could have been more, but for other factors such as balancing the prices of the new goods as against old stock and the exchange rate fluctuations.

In an interview with GBC’s Radio Ghana, the President of GUTA, Dr. Joseph Obeng assured consumers of further reductions.

Dr. Obeng encouraged importers to bring in goods that were previously attracting high values.

He said the reduction also affected importation of raw materials for manufacturing locally.

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    AG files fresh charges in NAM 1 case, drops three year old trial 

    AG files fresh charges in NAM 1 case, drops three year old trial 

    Lil Win to contest Afigya Kwabre South parliamentary seat

    Lil Win to contest Afigya Kwabre South parliamentary seat

    The day that saw King Charles’ coronation also crowned Black Sherif king

    The day that saw King Charles’ coronation also crowned Black Sherif king

    5 Ghanaian artistes who still made huge impact after going solo – Reagan Mends writes

    5 Ghanaian artistes who still made huge impact after going solo – Reagan Mends writes

    Dancehall artiste Rudebwoy Ranking reported dead

    Dancehall artiste Rudebwoy Ranking reported dead

    Big Brother will return next year on ITV2 and online

    Big Brother will return next year on ITV2 and online

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© 2018 JoyNewsRoom Crafted by Creative Consult.