Thursday, October 8, 2026
Rainbow Radio
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
No Result
View All Result
Rainbow Radio Online
Home Business

30% of businesses in the export & import industry have collapsed- Association

October 17, 2022

According to Samson Asaki Awingobit of the Importers and Exporters Association Ghana, the country’s harsh economic conditions have resulted in the failure of businesses.

He claimed that 30% of businesses in the export and import industry had collapsed.

RelatedPosts

GUTA welcomes BoG’s yuan settlement initiative but demands wider bank access

IEAG Calls BoG’s Direct Yuan Payment Plan a “Brilliant Idea”

Bank of Ghana warns public against rising digital financial fraud

He stated on Rainbow Radio 87.5FM’s Frontline that they can no longer bear the economic hardship.

The depreciation of the cedi, increases in transportation fares, increases in fuel prices, and nuisance taxes, among other factors, are destroying businesses in Ghana.

He indicated that the government has shown no interest in addressing the issues they have raised.

He said that the government has shown no interest in addressing the concerns they have raised.

He reiterated that they will join the Ghana Union of Traders in closing stores to express their concerns.

“I would encourage Ghanaians to go to the market and buy everything they need before Wednesday, October 19, 2022,” he said.

He stated that this action is being taken to protect the consumer. Because if we do not do so, it is the consumers who will suffer. We will include the cost of taxes and another cost in the final product they purchase. As a result, what we’re doing is in the best interests of the consumer.

A statement issued by the Association stated that “We the Importers and Exporters Association of Ghana believes the Nana Addo-led government has been given enough ample time to fix the country but has shown little seriousness in doing so. And we believe this action by GUTA and its stakeholders, will compel the government to do the needful”.

By: Rainbowradioonline.com/Ghana

ShareTweetShareShare

Related Posts

GUTA

GUTA welcomes BoG’s yuan settlement initiative but demands wider bank access

October 8, 2026
58016

IEAG Calls BoG’s Direct Yuan Payment Plan a “Brilliant Idea”

October 8, 2026
Bank-of-Ghana-Announces-New-Foreign-Exchange-Operations-Framework

Bank of Ghana warns public against rising digital financial fraud

October 7, 2026
Bank-of-Ghana-Announces-New-Foreign-Exchange-Operations-Framework

BoG flags 20 unlicensed mobile loan entities

October 6, 2026
Bank-of-Ghana-Announces-New-Foreign-Exchange-Operations-Framework

BoG pilots direct yuan trade payments to ease dollar demand

October 6, 2026
54851

BoG, Police arrest seven over commercial crafting of money bouquets and cakes

October 5, 2026

Recent News

GUTA

GUTA welcomes BoG’s yuan settlement initiative but demands wider bank access

October 8, 2026
Vincent-Assafuah-643x424

Minority demands answers over alleged $7k–$14k World Cup Visa Scheme

October 8, 2026
Haruna-Apaak

Free SHS was rather suffering under NPP – Haruna Iddrisu fires back at Bawumia

October 8, 2026
58021

CFSA threatens action over unpaid GH¢250m Free SHS food supplies

October 8, 2026
  • Trending
  • Comments
  • Latest
Muntaka-750x375

Monday, March 31, and Tuesday, April 1, 2025, declared as public holidays

March 23, 2025
image-27

Business Committee of Parliament constituted with Ato Forson as Chairman

January 10, 2025
Screenshot_20230811-133044

17-year-old boy caught having sex with a pregnant dog

August 11, 2023

Something drastic must be done about prices of property in Ghana-Lawyer

June 14, 2021

Hello world!

GUTA

GUTA welcomes BoG’s yuan settlement initiative but demands wider bank access

travel4

Washington prepares for Donald Trump’s big moment

travel1

CS:GO ELeague Major pools and tournament schedule announced

GUTA

GUTA welcomes BoG’s yuan settlement initiative but demands wider bank access

October 8, 2026
Vincent-Assafuah-643x424

Minority demands answers over alleged $7k–$14k World Cup Visa Scheme

October 8, 2026
Haruna-Apaak

Free SHS was rather suffering under NPP – Haruna Iddrisu fires back at Bawumia

October 8, 2026
58021

CFSA threatens action over unpaid GH¢250m Free SHS food supplies

October 8, 2026

Stay Connected test

  • 134 Followers
  • 20.2k Followers
  • 207k Subscribers
  • 24k Followers
  • 99 Subscribers
Rainbow Radio Online

© 2022 Rainbow Radio International

Navigate Site

  • General News
  • World
  • Sports
  • Business
  • Entertainment
  • Politics
  • Health
  • Opinion
  • Economy
  • Odd News
  • Culture
  • Lifestyle
  • Lifestyle
  • Governance
  • Technology

Follow Us

No Result
View All Result

© 2022 Rainbow Radio International

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version