The Ghana Union of Traders Association (GUTA) has robustly justified its members' pricing approaches following the recent strengthening of the cedi, while unveiling ambitious plans to transition into manufacturing to bolster local production.
Appearing before Parliament's Trade Committee, GUTA leadership dismissed concerns about delayed price reductions as "negative speculation," insisting the currency's appreciation will soon translate into cheaper goods.
GUTA President Dr.
Joseph Obeng explained the economic mechanics at play: "The poultry industry - we say we import poultry products.
