The Vice President of the Ghana Union of Traders Association (GUTA), Joseph Paddy, has criticised the process leading to the recent announcement of utility tariff increases. …
… Vice President of GUTA, Joseph Paddy, said traders only learnt of the decision through public announcements, without prior engagement from relevant authorities. …
… Speaking on Joy News’ PM Express on Tuesday, GUTA Vice President Joseph Paddy said traders were taken by surprise by the announcement and criticised the lack of consultation before the decision was made. …
… Speaking on Joy News’ PM Express on Tuesday, GUTA Vice President Joseph Paddy said traders were caught off guard by the announcement and were not consulted before the decision was taken. …
The Vice President of the Ghana Union of Traders Associations (GUTA), Joseph Paddy, has welcomed the decision by the Ghana Shippers’ Authority to postpone the implementation of the revised Container Administrative Charge until July 1. …
The Vice President of the Ghana Union of Traders Association (GUTA) Joseph Paddy has cautioned that high cost of doing business is forcing companies to scale down production and relocate to neighbouring countries. …
The Vice President of the Ghana Union of Traders Association (GUTA), Joseph Paddy, says recent stability in Ghana’s exchange rate is creating a healthier environment for businesses to plan and grow. …
Vice President of the Ghana Union of Traders Association (GUTA), Joseph Paddy, says the current economic conditions are offering a more stable and predictable environment for businesses. …
The Vice President of the Ghana Union of Traders Association has faulted the process of the recent utility tariff increase announcement, saying government and regulators failed to engage key stakeholders before the decision. He argued that the stated justifications for the increases do not reflect current economic conditions, which show signs of stability and improvement.
The Vice President of the Ghana Union of Traders Association has faulted the process of the recent utility tariff increase announcement, saying government and regulators failed to engage key stakeholders before the decision. He argued that the stated justifications for the increases do not reflect current economic conditions, which show signs of stability and improvement.
The Ghana Union of Traders Association has slammed the announced utility tariff adjustment, saying the business community was not engaged beforehand and learned of the decision only through public announcements. GUTA's Vice President argued that stakeholder participation is essential for good governance and questioned the rationale for the increase, noting that macroeconomic indicators cited by authorities are moving in a positive direction.
Ghana Union of Traders' Associations vice president Joseph Paddy has challenged the latest utility tariff increase, arguing that improving macroeconomic conditions—including cedi stability—should have resulted in lower rather than higher charges. Paddy criticised the lack of stakeholder consultation before the announcement and contended that the regulatory reasons cited actually point toward lower tariffs.
The Ghana Union of Traders' Associations has challenged the latest utility tariff increases, arguing that key economic indicators cited to justify the decision—including cedi stability and fluctuation—have moved in a positive direction and should have supported a reduction instead. GUTA Vice President Joseph Paddy also criticized the lack of stakeholder consultation before the announcement.
The Ghana Union of Traders Associations welcomed Ghana Shippers' Authority's postponement of revised Container Administrative Charge implementation until July 1, but insists the fee should be scrapped completely. GUTA argues Ghana's port charges remain higher than neighbouring countries, undermining competitiveness.
Ghana Union of Traders Association vice president Joseph Paddy warns that high operating costs—particularly electricity, water, and financing—are pushing companies to scale down production or relocate to neighbouring countries like Ivory Coast, where production costs are significantly lower. Some businesses have already shifted from production to trading, with implications for job creation.
The Ghana Union of Traders Association Vice President says recent stability in Ghana's exchange rate is creating a healthier business environment by enabling companies to make accurate projections and plan ahead, reducing the uncertainty that previously resulted from sharp daily fluctuations in the cedi.
The Vice President of the Ghana Union of Traders Association says current economic conditions are healthy for businesses, citing recent currency stability and predictability that allow traders to plan operations more effectively, a marked improvement from periods of sharp exchange-rate fluctuations.
JoyNews will host a roundtable discussion tomorrow morning bringing together policymakers, economists, and private sector leaders to assess whether Ghana's reported economic progress is reflected in the real economy, examining issues including the cost of doing business, inflation, currency stability, and sectoral performance over the past 16 months.
The JoyBusiness Round Table discussion, scheduled for April 30, 2026 at Joy News Studio, will examine whether Ghana's macroeconomic gains over the past 16 months have translated into real-sector improvements, with a panel including the Technical Advisor at the Ministry of Finance, the CEO of the Ghana Chamber of Commerce and Industry, and other economic experts.
Young people should move away from over-reliance on public-sector employment and explore opportunities in the private sector and self-employment, according to business leaders who stress the need for entrepreneurship and skills development. The Vice President of GUTA noted that the private sector is the engine of growth and offers greater flexibility for individuals to diversify income streams and build careers across multiple fields.
The Ghana Union of Traders Association says the current economic climate has significantly improved, citing greater stability in inflation, interest rates and the exchange rate, along with better access to credit, as drivers of renewed business confidence.