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Ghana Traders Protest Inflation by Closing Shops for Three Days

  • Traders have been hit by rising prices, high borrowing costs
  • Country is negotiating with IMF for economic support package
Traffic passes by Makola market in Accra, Ghana.

Traffic passes by Makola market in Accra, Ghana.

Photographer: Nicholas Seun Adatsi/Bloomberg

Ghanaian shop owners are closing their businesses for three days to protest spiraling inflation.

Members of the Ghana Union of Traders Association will suspend commercial activities in the capital, Accra, from Wednesday to show their “frustration” over the weakening currency, surging inflation and high lending rates, Joseph Obeng, the union’s president, said by phone.