Closure Of Shops: GUTA Suspends Action, Reopen Shops On Friday

The Ghana Union of Traders Association (GUTA) has terminated the three-day mass strike that has forced business establishments in Accra to remain closed since Wednesday, October 19.

The country's largest trade union protested the high cost of conducting business as a result of the current economic climate.

The main justification given by them for taking action was the local currency's, the Cedi's, declining value on the world market.

The majority of stores were maintained closed at that time, and anyone attempting to open one was dealt with by a task force.

However, GUTA stated in a statement late on October 20 that all stores should reopen on Friday.

Major players, including President Nana Addo Dankwa Akufo-Addo, have met with GUTA officials and recognized their concerns, according to the statement.

A working committee was to be formed "for expeditious action," according to a directive from President Akufo-Addo.

It was also decided that any talks with the IMF would take the worries of the traders into account.

The Ga Mantse, Nii Tackie Teiko Tsuru II, President Akufo-Addo, and members of the Council of State were singled out by the traders as those who had worked really hard to find a long-term solution to the issue.

In view of all this goodwill from these great personalities, we wish to appeal to our teeming members and the entire trading community who participated in this strike action to reopen their shops from [Friday] as we continue to pursue the process for an immediate solution.