GUTA predicts shortage of goods ahead of Christmas

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The Ghana Union of Traders Association (GUTA) has suggested that there may be a scarcity of commodities in December during the holiday season.

It claims that the containers leaving the port are not very noteworthy.

Public relations officer Joseph Paddy told media that the devaluation of the cedi has increased the cost of duty and freight, which has discouraged individuals from importing.

“Containers that are coming out of the port are nothing good to write home about. People are not importing, people are keeping their money because if you import you can’t sell and break even or even maximize. So what we are going to see in the shortest possible time we are going to see a shortage of goods”.

“They prefer to keep their monies in Treasury bills rather than import and lose”, he added.

Mr. Paddy went on to say that because living expenses are so high, imports are prohibited by dealers.
You can’t import at that stage and turn a profit, seriously.

As a result, they are not imported.

“I just went to the port yesterday [November 1, 2022], it is a disgrace, no containers are going out of the ports; even Golden Jubilee, where they clear approximately 100 containers a day, you get there and there’s only about 2 containers or 30 containers,” he continued.

Source: Ghanatodayonline.com

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