• Latest
  • Trending
Govt cannot push price reduction on traders- Trade Minister

Gov’t cannot push price reduction on traders – Trade Minister

May 14, 2025
Education Minister orders GETFund to audit, uncompleted School Projects, Vows to complete them

Education Minister orders GETFund to audit, uncompleted school projects, vows to complete them

July 22, 2025
Bagbin calls for peaceful by-election in Akwatia, urges MPs to end political hostility

Bagbin calls for peaceful by-election in Akwatia, urges MPs to end political hostility

July 22, 2025
Dr. Zanetor Agyeman-Rawlings Appointed to Pan African Parliament

Dr. Zanetor Agyeman-Rawlings Appointed to Pan African Parliament

July 22, 2025
Prez Mahama is in support of Ramsar demolitions- Greater Accra Minister defends

Prez Mahama is in support of Ramsar demolitions- Greater Accra Minister defends

July 22, 2025
NPP Should Have Apologized to Ghanaians at Delegates Conference – NSA Deputy DG

NPP Should Have Apologized to Ghanaians at Delegates Conference – NSA Deputy DG

July 22, 2025
Parliament Confirms Patricia Appiagyei as ECOWAS Deputy Leader, Replaces Afenyo-Markin

Parliament Confirms Patricia Appiagyei as ECOWAS Deputy Leader, Replaces Afenyo-Markin

July 22, 2025
Sunyani East records two Mpox cases: health director issues urgent call to action

Sunyani East records two Mpox cases: health director issues urgent call to action

July 22, 2025
Prisons Service, YEA, and Youth Ministry Sign MoU to Recruit 5,000 Support Assistants

Prisons Service, YEA, and Youth Ministry Sign MoU to Recruit 5,000 Support Assistants

July 22, 2025
Kenyan man freed from Saudi death row after 13 Years

Kenyan man freed from Saudi death row after 13 Years

July 22, 2025
GAF Recruitment Will Cover Both Enlistment and Recruits, 3,000 Each Year – Brogya Genfi

GAF Recruitment Will Cover Both Enlistment and Recruits, 3,000 Each Year – Brogya Genfi

July 22, 2025
Obuasi Fire service rescues newborn baby dumped in Latrine Pit

Obuasi Fire service rescues newborn baby dumped in Latrine Pit

July 22, 2025
Ghana’s Cocoa Export Volume Drops by 50% Despite Earnings Surge – Auditor-General Report

Ghana’s cocoa export volume drops by 50% despite earnings surge – Auditor-General Report

July 22, 2025
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Gov’t cannot push price reduction on traders – Trade Minister

in News, Top Story
Govt cannot push price reduction on traders- Trade Minister

Govt cannot push price reduction on traders- Trade Minister

Share on FacebookShare on TwitterShare on Whatsapp

Trade, Industry, and Agribusiness Minister, Elizabeth Ofosu-Adjare, has stated that the government cannot force traders to lower prices, despite the recent strengthening of the Cedi and easing inflation.

She explained that Ghana’s liberalized market system restricts the government’s power to impose price controls, making dialogue the most effective way to secure relief for consumers.

The Minister’s remarks came after a closed-door meeting with key business groups, including the Ghana Union of Traders Association (GUTA), the Association of Ghana Industries (AGI), and the Food and Beverage Association of Ghana (FABAG).

She noted that some manufacturers have already signaled their readiness to lower prices, driven by recent macroeconomic improvements like a stronger Cedi and falling inflation.

“The meeting has been fruitful and we have said that the government does not have the power to control prices, but it has the power to negotiate with our stakeholders to ensure traders, manufacturers, and consumers take advantage of opportunities when they happen.

“I am happy to inform you that the direct importers have agreed to reduce their prices, some have already started that. We have also heard from GUTA and AGI that it is good that the Cedi has stabilised but they need a bit of time for it to reflect in the prices. It will happen gradually,” she stated.

Tags: GhanapricereductionTradeTrade Minister

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Senegal: Irregular migration doubles as fishermen face fishing crises

Next Post

President Mahama to embark on “Thank You” visit to Upper West Region

Next Post
President Mahama to embark on "Thank You" visit to Upper West Region

President Mahama to embark on "Thank You" visit to Upper West Region

Search

No Result
View All Result

Listen Live

BBC Match of the Day Africa

Happy Ghana

Recent News

  • Education Minister orders GETFund to audit, uncompleted school projects, vows to complete them
  • Bagbin calls for peaceful by-election in Akwatia, urges MPs to end political hostility
  • Dr. Zanetor Agyeman-Rawlings Appointed to Pan African Parliament
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.