Business News of Thursday, 25 July 2024

Source: Agyenim Boateng, Contributor

Kejetia traders cry out over soaring inflation; plea for government intervention

Tomato sellers at Kejetia market Tomato sellers at Kejetia market

Traders at Kejetia Market have expressed deep concerns over the recent surge in inflation, which has led to a significant increase in prices of goods.

This trend, they say, is affecting the purchasing power of consumers and the profitability of their businesses.

In an interview with OTEC News reporters Adwoa Adobea and Maame Serwaa, the traders lamented that inflation has destabilized the economy, making it challenging to sustain their market businesses.

They also complained about the high taxes on goods and services, urging the government to take action to alleviate their plight.

The traders pleaded with the government to intervene, citing the unpredictable nature of inflation, which makes it difficult for them to plan and invest in their businesses.

They appealed for measures to stabilize the economy and reduce the burden of taxes