Tag: Ghana Union of Traders Associations
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GUTA seeks inclusion in engagements to resolve Nigeria border closure
The Ghana Union of Traders’ Association (GUTA) says it wants to be part of ongoing stakeholder engagements between the Ghanaian and the Nigerian governments over the closure of the Nigerian border it shares with Benin. According to the group, they believe this will be the best solution to amicable and peaceful trade relations among the…
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GUTA threatens fresh widespread demonstrations
The Ghana Union of Traders Association (GUTA) has served notice that it will take to the streets in large numbers should government fail to enforce laws that forbid foreigners from undertaking retail business. Speaking at a press conference at Opera Square, Accra, President of the Association, Dr. Joseph Obeng, said if the government does not…
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Foreigners must not engage in retail business — Kyei-Mensah-Bonsu
Osei Kyei-Mensah-Bonsu, the Majority Leader in Parliament, is calling on the Government to strictly implement and enforce the legislation that requires any foreigner who wants to do business in Ghana to invest a minimum of US$1 million and employ at least 12 Ghanaian citizens. “When it comes to these matters the country should not…
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GUTA pleads with traders to reduce prices after reduction in import duties
The Ghana Union of Traders’ Associations (GUTA) has pleaded with its members to pass on the benefits that came with government’s decision to reduce the benchmark value of imported goods as well as a reduction in the calculated value of vehicles at the ports. In a press release issued on Tuesday, GUTA said the gain…
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Electrical dealers want GIPC law barring foreign retailers enforced
In the wake of the ongoing tussle over the involvement of foreign nationals in Ghana’s retail space, members of the Ghana Electrical Dealers Association have threatened to prevent foreigners dealing in electricals in Ghana from continuing with their business if the government fails to enforce the GIPC Act 865. The Act, in section 27, prohibits…