Founder and chairperson of the People’s National Party (PNP), Janet Asana Nabla, has encouraged all Ghanaians to expel the Ghana Union of Traders Association (GUTA) from our markets.
Per her observation, the president of GUTA, and his union are attempting to monopolize Ghana’s retail trading system with the objective of raising prices and driving inflation.
In a press release issued on 25th June she stated that, in a recent interview on Okay FM, the President of GUTA failed to present any sensible arguments, instead brought disgrace upon himself and the entire union.
“It is time for Ghanaians to take a stand and kick GUTA out of our markets. GUTA and its members have been abusing the free market economy to increase prices, contributing significantly to the inflation we are now experiencing in Ghana. For example, a chair that costs GHC 68 at China Mall is sold for about GHC 175 by GUTA members. This price inflation is a clear indication of their exploitative practices”.
“Furthermore, GUTA’s anger towards the Ministry of Agriculture for selling foodstuffs at lower prices while its members continue to inflate prices to unbearable levels for Ghanaians is unacceptable.
GUTA’s actions are eroding the purchasing power of Ghanaians, and it is clear that the union was formed with the intent to destroy this purchasing power. Therefore, it is imperative that we dissolve the union” she added.