They are:
1. Foreigners in retail sector.
2. 2 % special levy on import and of late additional smuggled 1 %
3. 2.5 % increase in the value added tax ( V. A. T )
4. Dollar indexing of duty; and
5. Illegal charges at the port
We also seize this opportunity to warn all foreigners in retail trade in the market to leave our markets before 30th June, 2014.
The failure by authorities to enforce compliance of the G I P C law is now having numerous adverse effects on our national economy - e g high inflation, rapid depreciation of the Cedi, collapsing the manufacturing sector, high cost of shops crumbling down the export sector, among others.
We shall be compelled to take destiny into our hands to flush out all foreigners in retail trade in the market; if they do not leave our market places by the stipulated date of 30th June, 2014. And, save our businesses as citizens of Ghana and equal stake holders in national affairs since the lnter - agency taskforce has failed to live up to expectation.
Meanwhile, traders are reminded that closure of shops will start on Tuesday, 24th June, 2014.
Contact Person's
Regional chairman GUTA
KWAME BRENYA
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