Ghanaians call traders out for refusing to reduce prices as cedi appreciates

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  • Asakramitoga 6 months ago

    These NPP Abbosey Okai spare parts traders. Am not surprised at their behaviour

  • ONLY NEW STOCK 6 months ago

    You buy a bottle of coke at ghs 10 to sell at 11. All of a sudden cedi appreciate and then you are told to sell at ghs 7. So you will lose ghs 3. What if the cedi depreciate again then you will certainly lose your capital. On ...
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  • .mr amin 6 months ago

    No justification for not reducing prices the traders are wicked

  • Thinker 6 months ago

    They can reduce the prices and sell the current stock. Then exchange the cedi to get more dollars at a much lower rate which keeps going down daily. This will allow them to get more merchandise unless they plan on not doing b ...
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  • Obibini 6 months ago

    Everyone knows that Ghanaian traders are greedy, period. They are quick to increase prices when the cedi depreciates against the dollar but when it appreciates, they are reluctant to reduce prices. How could this be? The gove ...
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  • Your era 6 months ago

    No trader should reduce his or her goods because the cedi appreciation is not sustainable. Moreover your rent , utility bill is still same and if you go to the hospital do think the doctors are going to charge you less.

  • Obibini 6 months ago

    People like you are nation wreckers. How could you compare prices of goods to rent? It should start from somewhere. Today, the drivers are reducing prices and they are not saying that rents are still high. One step at a time. ...
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  • Your era 6 months ago

    We have free market so the government cannot compel any trader to reduce his or her goods

  • Truthfully 6 months ago

    This deserves a critical deliberations. I think must set example by reducing water bills, electricity bills, duties, taxe rates, health bills, ect because they also have appreciated accordingly within the period.

  • Truthfully 6 months ago

    I think this deserve a critical deliberations because government to increased water bill, electricity bills, duties, taxe rates, hospital bills, etc. within the period. So government reducing those bills will be a good exampl ...
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  • Padi 6 months ago

    One bag of cocoa was 160,000ghc last year, today it is 110,000ghc. The government should pay the difference.

  • Justice 6 months ago

    Most Ghanaians do not fear God and are very greedy. You will not find it in any country except Ghana. If it is believed that majority of Ghanaians are Christians, then it must reflect in our characters.
    Greediness does not ...
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  • Tsotsoo 6 months ago

    Some traders are so heartless that they will keep the things to rot rather than reduce prices. Ghanaians are never like Nigerians who will reduce prices to clear the goods and quickly buy more at a reduced price. But let's wa ...
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  • Hannan 6 months ago

    ;)) Single women are waiting for you on -->> Fun4.top

  • Former President 6 months ago

    Greedy stupid people. Obviously you sell and buy more at a lower rate.

  • Bazz 6 months ago

    Don't talk too much, over time demand and supply factors will set the market price, when everyone start selling a bottle of malt for ghc8, u alone should sell it for Ghc10 and see if people will buy. Simplicta

  • Agbalagba 6 months ago

    Solve the problem permanently by making the dollar Ghana's currency.
    Then this discussion will be over permanently

  • Truthfully 6 months ago

    This same traders were the cause of abnoal price increases that happened under Nana Addo second term yet NDC blamed NPP. and would not take any explanation. Tje traders took advantage during the Covid but NPP were not smart ...
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  • Truthfully 6 months ago

    This is a smart move by NDC and I am hoping it works to stabilize the economy.

  • Government immediate action 6 months ago

    Imagine the importers are using less than half their sales to replace their goods and the rest is all profit and they will not change until the GRA does a calculation and say o k we will take half of the extra profit you are ...
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  • Don G 6 months ago

    The traders are the real "Kalabole" people in this country.They are quick to increase prices but very reluctant to reduce.
    The free zones companies make so such money without paying anybtaxe& they don't think about the final ...
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  • Dondo 6 months ago

    The government itself increased electricity tariff by a whopping 14.7% and water tariff by 4% despite the cedi appreciating against the dollar. Why should traders reduce their prices when they have to pay higher tariffs for t ...
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  • Mr Acheampong 6 months ago

    A trader borrowed money from his bank to buy dollars to import goods. He borrowed 16,000 cedis for 1,000 dollars. Now his goods have arrived and you want him to sell his goods for 10,000 cedis because the cedi is now strong. ...
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  • Obibini 6 months ago

    Everyone knows that Ghanaian traders are greedy, period. They are quick to increase prices when the cedi depreciates against the dollar but when it appreciates, they are reluctant to reduce prices. How could this be? The gove ...
    read full comment