The protest by the Ghana Union of Traders Association (GUTA) over Ghana’s forex challenges and the cost of living crisis has been largely met with support from traders.
While most of the traders joined the protest by locking their shops, a significant number of traders had opened their shops for trade.
The leadership of the GUTA met with members of the council of state in the latter’s attempt to urge the traders to stop the protest.
Ahead of the protest, the dollar had crossed the 11 cedi mark, with industry players predicting a further depreciation of the Ghanaian currency.
Deputy Minister of Trade and Industry, Michael Okyere Baafi addressing the media said it comes as a surprise to his outfit as GUTA decided to go ahead and close shops as they had agreed on solving the situation without having to close down their facilities.
On losing revenue as members close their shops to customers, Vice Chair for GUTA Clement Boateng says it’s a clear indication of the popular phrase No pain No Gain situation they find themselves in and will sacrifice anything to make their plea heard and addressed.
Story by Kelvin Danso
