Chairman of Groupe Nduom, Dr Papa Kwesi Nduom has declared his support for the Ghana Union of Traders Association (GUTA) against proposed changes to the Ghana Investment Promotion Centre (GIPC) Act which seeks to protect local business against their foreign counterparts.
“I support GUTA,” Mr Nduom emphasised on Tuesday, January 23 in reaction to the development adding GUTA’s stance is meant to urge “government to give a second thought and think of Ghanaians first.”
He said he has received reports that the Greater Accra Regional Branch of the Ghana Union of Trades Association (GUTA) has called on the government of President Nana Addo Dankwa Akufo-Addo to stop management of the Ghana Investment Promotion Centre (GIPC) to make changes to Act 865 section 27 which could have adverse effects on local businesses.
He indicated his position for government to desist from actions that will put local businesses at a disadvantage.
“A statement signed by the Greater Regional Secretary of GUTA and copied to Today on Saturday, January 19, 2018 stressed that the Greater Accra Regional branch of the Ghana Union of GUTA with the support of the trading public shall revolt against the government, if Mr Yofi Grant is given the nod to make changes to the said section of the GIPC Act 865 section (27).
“The statement stressed that: ‘we shall urge all traders by every means possible to protect their businesses else there will be no trading community for the indigenous Ghanaian ‘because businesses will be taken over by foreigners’”.
“The Greater Accra Regional branch of GUTA in the statement therefore, called on government to treat this issue with a posture of urgency when GIPC presents the redrafted Act 865 section 27 of the law,” Dr Nduom noted.
For him, the calls are valid as no laws should be passed to the detriment of locals.