Dr Joseph Obeng is President of GUTA

The Ghana Union of Traders Associations (GUTA) has expressed concern over a recent directive requiring importers of refined vegetable oil to register and obtain permits from the Tree Crop Development Authority (TCDA).

On June 17, 2025, the TCDA announced a new regulatory framework mandating that all importers of palm oil products register and acquire a permit before engaging in any importation activities.

According to the TCDA, the directive, which takes effect on July 14, 2025, is part of a broader initiative to sanitise the industry and promote sustainable growth in Ghana's oil palm sector.

In a letter addressed to the TCDA on June 29, 2025, and sighted by GhanaWeb Business, GUTA questioned the rationale behind the directive and sought clarity on its potential implications for the trade sector and Ghanaian consumers.

“We wish to express our concerns and request clarification regarding your recent public directive. We believe it is important to understand the economic rationale behind this decision and its potential impact on the industry and consumers,” the letter stated.

GUTA further raised key questions about how the new policy might affect the supply and demand of refined vegetable oil in the country, and whether any stakeholder consultation had occurred prior to its implementation.

The association also stressed the need for a prompt and transparent response, emphasising that clear communication is essential for the business community to assess the directive’s impact and appropriately plan for their members.

Read the statement by GUTA below:

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