Second hand clothes dealers worried over cedi depreciation


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Clothe Dealers

By
Dennis/Peprah/Josephine Oppong/Sarah Ankamah-Yeboah, GNA

Sunyani, Oct. 16, GNA – Dealers in second
clothing in the Brong-Ahafo Regional capital have expressed concern over high
tariffs and consistent depreciation of the Cedi, which is collapsing their
businesses.

According to the dealers, prices of second
hand clothing, meant for ordinary citizens, keeps increasing due to the
depreciation of

By
Dennis/Peprah/Josephine Oppong/Sarah Ankamah-Yeboah, GNA

Sunyani, Oct. 16, GNA – Dealers in second
clothing in the Brong-Ahafo Regional capital have expressed concern over high
tariffs and consistent depreciation of the Cedi, which is collapsing their
businesses.

According to the dealers, prices of second
hand clothing, meant for ordinary citizens, keeps increasing due to the
depreciation of the Cedi, a situation which they said is seriously affecting
their economic activities.

They said sales have gone down drastically due
to the increase in prices of the goods as customers cannot not afford to buy
the used clothing, which are supposed to be affordable for the ordinary man in
the society.

In an interview with the Ghana News Agencyat
the Sunyani Central Business District on Sunday, the dealers appealed to the
government to do something realistic about the situation, and also subsidize
tariffs on importation of the goods to sustain them in business.

Madam Safiatu Abbey, a dealer in children’s
wear, said a bale of children’s trousers and knickers which used to sell at GH¢900.00
is now selling at GH¢1,200.00 whilst a bale of children’s shirt are being sold
at GH¢1,100.00 instead of GH¢850.00.

The current price of a bale of dresses for
girls is GH¢2,000.00, but it was previously selling at GH¢1,900.00.

GNA


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