Kumasi Traders turn down President Akuffo Addo’s plea to reduce prices of goods - The World's Biggest Pride
Home / BUSINESS NEWS / Market / Kumasi Traders turn down President Akuffo Addo’s plea to reduce prices of goods

Kumasi Traders turn down President Akuffo Addo’s plea to reduce prices of goods

Traders in the Central Business District of Kumasi, capital of the Ashanti Region, say they will only reduce prices of goods if the local currency appreciates against other international currencies.

According to them, though they are willing to sell their products at a relatively cheap price, high exchange rate has forced them to inflate prices of goods.

The traders were  responded to plea by President Akufo-Addo on them to avoid profiteering in the current economic turmoil.

President AkuffoAddo during his address on the economy on Sunday October 30, 2022 appealed to traders in the country to shun making outmost profits of the current economic quagmire to rip off consumers.

The president who admitted that, Ghana’s economy is in great difficulty urged all stakeholders to “keep an eye out for the greater good “, in the face of the cost of living crisis.

The Ashanti Regional Chairman for Traders Advocacy Group Ghana TAGG Mr Owusu  Boakye Samuel in an interview with OTEC News Kwame on Monday October 31,2022 however pledged to support the government in measures rolled out to get the economy back on track.

Mr Boakye again called on traders across the country cease the habit of slapping high margins  on goods.

“We as leaders of the traders have already told our members to take part in the country’s move to restore the economy “.

CLICK HERE TO DOWNLOAD PRESS RADIO MOBILE APP

“We have spoke to them extensively and so i believe our traders will be measured in their margins going forward”

He expressed optimism in the leadership of President AkuffoAddo and said they as traders are very sure the NPP government can turn things around.

Source:  Ghana/otecfmghana.com

About admin

Check Also

Kumasi fishmongers reject ‘killer’ 30% Electricity tariff increment

Fishmongers at Asafo in the Kumasi Metropolis say high electricity and water tariffs and multiplicity …

GRIDCo completes refurbishment work on Aboadze-Tarkwa transmission line

Refurbishment work on the series of broken Optical Ground Wire (OPGW) strands and rusted bolts …

Chief Director of Works and Housing retires

The Chief Director of the Ministry of Works and Housing, Mr. Solomon Atiim Asoala has …

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Twitter Auto Publish Powered By : XYZScripts.com