GUTA advocates deeper stakeholder engagement one year after AfCFTA implementation

January 19, 2022 A year into the implementation of the African Continental Free Trade Area Agreement (AfCFTA), the Ghana Union of Traders Associations (GUTA) wants more stakeholder engagement to ensure...

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January 19, 2022 / Comments (0)

Prices of goods won’t increase by 50% if benchmark discounts are reversed – AGI

January 12, 2022 The Association of Ghana Industries (AGI) has debunked claims and threats of a 50% hike in the prices of goods on the markets if the government goes ahead with the implementation of the...

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January 12, 2022 / Comments (0)

Benchmark value reversal resumes January 17

January 11, 2022 The suspension of the implementation of the reversal of reduction of values of imports (referred to as benchmark values) on selected items has been extended for a further two weeks, to...

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January 11, 2022 / Comments (0)

Reversal of 50% benchmark value policy commences on November 15

November 15, 2021 Effective Monday, November 15, revised selected items cease to enjoy 30% and 50% discount on benchmark or invoices for vehicle and general goods. The items include, sugar, noodles, palm...

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November 15, 2021 / Comments (0)

Resolve high interest rate concerns – Akufo-Addo urges new BoG board

August 23, 2021 President Nana Akufo-Addo has charged the new board of the Bank of Ghana to interrogate the issue of high interest rates in the country. According to the President, a low interest rate for...

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August 23, 2021 / Comments (0)

Sub-20% interest rates needed for businesses to be competitive – GUTA

June 2, 2021 President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng says until interest rates on loans drop below the 20 percent mark, the recent reduction in the monetary policy...

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June 2, 2021 / Comments (0)

Customs outline arrangement to liberalize over 90% of tariffs during AfCFTA implementation

August 28, 2020 African Customs are working towards eliminating substantial amount of tariffs upon commencement of the African Continental Free Trade Area (AfCFTA). Chief Revenue Officer of the Customs...

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August 28, 2020 / Comments (0)

Customs outline arrangement to liberalize over 90% of tariffs during AfCFTA implementation

August 27, 2020 African Customs are working towards eliminating substantial amount of tariffs upon commencement of the African Continental Free Trade Area (AfCFTA). Chief Revenue Officer of the Customs...

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August 27, 2020 / Comments (0)

Trade Ministry announces roadmap for inspection of foreign-owned retail shops

August 5, 2020 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...

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August 5, 2020 / Comments (0)

GUTA requests 3-week grace period for members to mobilize funds to clear goods

April 27, 2020 The Ghana Union of Traders’ Association (GUTA), is appealing to government to give its members a three-week grace period to mobilize funds to clear their goods from the country’s...

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April 27, 2020 / Comments (0)