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GUTA rescinds decision to close down shops and demonstrate on Monday over cedi depreciation

Members of the trading community have agreed to rescind a decision to close down their shops in protest over the depreciating cedi against the U.S dollar.

The decision was arrived at after a four hour crunch meeting with the Council of State members Thursday afternoon (25th August, 2022).

Joy Business is gathering that the members of the business community, which consist of Leadership of Market Women Association,  Ghana Union of Traders Association, (GUTA) Mobile Phone Dealers, Abossey Okai Spare Parts Dealers Association charged the Council to intervene immediately in finding a lasting solution to the falling cedi, a situation they lamented has been eroding their gains.

“There will be a press conference to address the media after signing a resolution to rescind the decision and also withdraw the intended demonstration,” some members of the trading community told Joy Business News.

Source: Ghana News

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