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Tag: Cape Coast

Christian traders urged to adjust prices to reflect cedi’s appreciation

Christian traders urged to adjust prices to reflect cedi’s appreciation

Ghana News
Very Reverend Father Stephen Amoah-Gyasi, the Director of Cartas and Socio-economic Development of the Catholic Arch-Diocese of Cape Coast, has appealed to traders to adjust the prices of their goods and services following the appreciation of the Cedi against major trading currencies.  Considering the weeks of appreciation of the Cedi against the dollar, a major trading currency, Rev Amoah-Gyasi said he could not understand the underlining reasons for traders to hold on to the high prices of goods.  “It is saddening and incomprehensible for Christian traders to behave as such. Some traders in this country, many of whom are Christians, blatantly refuse to reduce prices regardless of the sudden appreciation of the Cedi.  Rev. Amoah-Gyasi expressed the concerns in his ...
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