N/R: Government must protect the interest of Ghanaian businesses – GUTA Secretary, Northern Region

N/R: Government must protect the interest of Ghanaian businesses – GUTA Secretary, Northern Region

The Ghana Union of Traders Association (GUTA) Northern regional branch has called on government not to succumb to any pressure from their counterparts in Nigeria to relax the trade laws to allow foreigners dominates the local market.

The domestic trade in Tamale has been saturated with foreigners mainly Nigerians who are engaged in retail business instead of wholesale contrary to the GIPC ACT 865.

This phenomenon has given an economic boost to foreigners on their businesses to the disadvantage of indigenes who also engaged in same trade.

In an attempt to stop foreigners from dominating the local market, some members of Ghana Union of Traders Association have locked up shops in Accra and Kumasi belonging to the foreigners mainly Nigerians.

In Tamale, not a single shop owned by foreigners has been locked regardless of their dominance in the local scene in retail the business.

Meanwhile, a press conference organized by the Northern regional branch of GUTA on Saturday at the ‘Aboabo’ market asked government to be circumspect with its negotiation with the proposed Ghana-Nigeria business council so that Ghanaian businesses will not be disadvantaged.

According to the Deputy Secretary of GUTA in Northern Region Alhaj Alidu Iddi, ‘’government of Ghana must first of all protect the interest of Ghanaians by promoting indigenous businesses’’.

Source: Saganitvonline.com/Alhassan Mumuni Inusah