GUTA HOLDS PRESS CONFERENCE ON THE INTRODUCTION OF NEW TAXES AND RETAIL TRADE BY ILLEGAL FOREIGNERS
Type Here to Get Search Results !

GUTA HOLDS PRESS CONFERENCE ON THE INTRODUCTION OF NEW TAXES AND RETAIL TRADE BY ILLEGAL FOREIGNERS


 

Story by Israel Mensah

GHANA UNION OF TRADERS ASSOCIATION (GUTA)HOLDS A PRESS CONFERENCE ON THE INTRODUCTION OF NEW TAXES AND RETAIL TRADE BY ILLEGAL FOREIGNERS 




On Wednesday,12th May, 2021, An Association called (GUTA) Ghana Union of Traders Association holds a press conference on the continuous invasion of the retail trade sector of the economy by illegal foreigners and On introduction of New Taxes and the call by the Association of Ghana Industries (AGI) for the removal of the 50% reduction of the benchmark value ,



Addressing the media, the President of GUTA, wishes to call on the government to address the issue of the ongoing exercise by a committee on Foreign Retail Trade  established by His Excellency the President of the Republic, which is under the supervision of the Ministry of Trade and Industry,



We were relieved when the committee started work to enforce compliance with the law on foreign retail trade in the country, which has been a thorny issue on the sector of the economy for the past couple of years,



This issue of foreigners in the retail trade business has not only persisted but also increased,



Thereby sparking agitations among members of the Ghanaian trading community 

especially the sectors that have not been reached by the Committee on Foreign Retail Trade

during its operation; to the extent that if prompt action is not taken, it will lead to total chase

and confrontation, as well as the use of arbitrary force by citizens to eject these micreant

and recalcitrant foreigners,



We respect the laws of the country and will always want to live by them, but if the laws are

not effectively monitored and enforced, it brings disorder and insecurity among the

populace.



It is worth mentioning that the African Continental Free Trade Area (AFCFTA) and the

ECOWAS treaties are explicit in the rules and regulations governing their establishments

Whiles the Ghana Investment Promotion Centre (GIPC) Act has also not in any way

ravened any of the protocols.


Today, if you look around the economy of Ghana you find that retail trade and community sectors, gold mining and other extractive businesses have all been taken over by foreigners 


So I asked this important question here, who has now taken over the commanding heigh of the economy that was promised by our forefathers 


In conclusion they are pledging with the government to look in to this issue as soon as possible before things get out of hands

Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.

Top Post Ad

Below Post Ad

Advert