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Traders Urge 60-Day Price Cut Amid Cedi Gains

5/18/2025

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Summary

Story summary

In a bid to ease the burden on consumers, the Ghana Union of Traders’ Association and the Association of Ghana Industries have called for a 60-day window to reduce commodity prices, thanks to the cedi's recent appreciation. They met with the Ministry of Trade, stressing the importance of currency stability and prudent fiscal management for the nation's economy.

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Story summary

In a bid to ease the burden on consumers, the Ghana Union of Traders’ Association and the Association of Ghana Industries have called for a 60-day window to reduce commodity prices, thanks to the cedi's recent appreciation. They met with the Ministry of Trade, stressing the importance of currency stability and prudent fiscal management for the nation's economy.