Home / NEWS / GUTA DECLARES WAR ON FOREIGNERS INVOLVED IN RETAIL BUSINESS…CALLS ON GOVT TO ENFORCE THE LAWS

GUTA DECLARES WAR ON FOREIGNERS INVOLVED IN RETAIL BUSINESS…CALLS ON GOVT TO ENFORCE THE LAWS

By;brightwebtv/nana asare barimah

 

The Ghana Union of Traders Association (GUTA) has bemoaned recent increase in foreigners involved in retail business in the country.

GUTA President Dr. Joseph Obeng

Addressing a news conference in Accra on Wednesday, the President of GUTA Dr. Joseph Obeng declared war on those foreigners and called on the government to enforce the laws using the task force it constituted.

“When their shops were closed, they had the gut to give government ultimatum to open their shops. If this is not stopped It will lead to total chaos and confrontation”, Dr. Obeng stressed.

He said foreign retail trade has been a thorny issue in the country which the government needs to address to forestall any confusion.

He added that chaos arising from foreign retail business is likely to create an insecurity in the country hence the need for government to make the laws work.

The GUTA President also revealed that a high level delegation from Nigeria is billed to storm Ghana to convince the government to allow their citizens to engage in retail trade.

“We will not sit down for a country to come and impose their sovereignty on us. We are not going to relent on our effort for the government to enforce the laws”. Dr. Obeng fumed.

He also expressed worry over how foreigners and migrants are flooding the country to engage in retail business due to insecurity in their countries and cautioned them to abide by the ECOWAS and AfCFTA protocols.

The GUTA Chief later commended government for the introduction of the 50% reduction of the bench mark value which it said has been beneficial to the Association.

He therefore chided AGI and manufacturing companies for calling for the reversal of the 50%reduction of the bench mark value.

“AGI is not being fair to the trade rs. Their taxes are zero rated. They don’t pay anything. Those who pay only pay 2.5% but we are surcharged with 17.5% VAT which is non refundable but theirs is refundable”, he said.

 

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