Akufo-Addo to meet GUTA over retail trade war

President Akufo-Addo is billed to meet the leadership of Ghana Union of Traders Association (GUTA) and their Nigerian counterparts later this afternoon following the trade war that has hit the Ghanaian retail space.

Reports say the meeting will happen in the next hour, as part of the President’s 3-day tour of the Greater Accra Region.

It’s expected that the meeting with the President will broker peace between the GUTA and foreign traders in retail business.

The Ghana Union of Traders’ Association, GUTA, says it harbors no hatred against foreigners, especially Nigerians.

“All we want is for them to leave the retail space and there’ll be peace. We don’t want chaos. How how long should this continue when we have institutions to make this work.,” Vice President of GUTA, Patrick Osei Brogya told Kasapa 102.5 FM on Tuesday.

At least 600 shops belonging to foreign traders particularly Nigerians at the Kwame Nkrumah Circle were locked up by members of the Ghana Union of Traders Association (GUTA) on Monday.

This is the umpteenth time GUTA members had embarked on such an exercise in their quest to rid the Ghanaian market of foreign traders who are engaging in retail.

According to GUTA, government has failed to enforce Section 27 (1) of the GIPC Act, which bars foreigners from doing retail business.