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IEAG “attacks” GUTA

3 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Trade
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IEAG “attacks” GUTA

The Importers and Exporters Association of Ghana (IEAG), has accused leadership of the  Ghana Union Traders Association (GUTA) of being responsible for the present difficulties facing its own members as well as the hardship being faced by Ghanaians.

According to the IEAG, GUTA’s acceptance and support for government’s unfavourable and insensitive trade polices has led to the present situation whereby its members are losing about 40% of their monthly sales.

Adding that, due to GUTA’s inability to reject some of government’s unfriendly trade policies, prices of goods have increased by 30%, significantly reducing the purchasing power of consumers.

“It must be placed on record that GUTA is responsible for the difficulties all Ghanaian businesses are going through by accepting and allowing the implementation of some of government’s insensitive policies.

“I have taken my time to visit and interact with some business operators, and many of them admit losing huge revenue between January this year to date on their sales by a huge percentage with some losing about 40% or more in terms of their monthly sales.

“Again, prices of goods have gone up by 30% in all sectors and consumers’ purchasing power has dropped drastically. All these hardships and challenges largely has to do with GUTA’s endorsement of some of government’s unwarranted and insensitive policies towards trading,” stated Executive Secretary of IEAG, Samson Awingobit Asaki. 

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Mr Awingobit, further in the statement, however, advised leadership of GUTA to “sit up and think of the plight of traders instead of bowing to the whims and caprices of the current government all the time.”

Read details of statement below:

GUTA IS THE CAUSE OF HARDSHIP AND HIGH COST OF DOING BUSINESS IN GHANA

I have taken my time to visit and interact with some business operators, and many of them admit losing huge revenue between January, this year to date on their sales by a huge percentage negatively with some losing about 40% or more in terms of their monthly sales.

Again, prices of goods have gone up by 30% in all sectors and consumers’ purchasing power has dropped drastically. All these hardships and challenges largely has to do with GUTA’s endorsement of government’s some unwarranted and insensitive policies towards trading. 

Since the inception of this government, the current GUTA leadership has never succeeded in kicking against any of its policies.

Any time my Association kick against some government’s bad policies, the government then run to GUTA, or GUTA will go there to say they control traders in this country, yet they can’t defend their members and  end up being compromised and rather praise the government, putting their own members into distress. 

Almost all the policies the government has introduced and implemented have received the blessings of GUTA, yet, they will leave the meeting grounds, go into the market and behave like saints and innocent or ignorant of what is happening to the business community.

The way and manner the current GUTA Executives is treating the government and some of its unfriendly trade policies leaves one to wonder, if the current GUTA executives are not directly and personally not benefiting from the government at the expense of their members and the cherished trading public.

Let me therefore caution that until this current GUTA leadership acknowledge that they are leaders because of their members, and not that they are too powerful or knowledgeable than some of us who always stand firm to oppose certain policies by the government not because we hate the government but rather recognize that we have to protect the interest of our constituent, the hardship the business community is facing will be worse.

Until the current GUTA leadership change and realize that they are not Leaders on their own and therefore cannot take decisions all the time on their own, but rather need to consult with their membership including sister associations like the Importers and Exporters association of Ghana, and the freights forwarders, we will still have these problems at hand in the Ghanaian Trading Environment. 

It must therefore be placed on record that GUTA is responsible for the difficulties all Ghanaian businesses are going through by accepting and allowing the implementation of some government’s insensitive policies.

We are by this statement calling on all the importers and traders in this country to put pressure on the current GUTA leadership to sit up and think of the plight of traders instead of bowing to the whims and caprices of the current government all the time.

Signed By:

ASAKI SAMSON AWINGOBIT

Executive Secretary, Importers and Exporters Association of Ghana

0243575046 / 0202071838

Tags: ghanaIEAG “attacks” GUTAImporters and Exporters Association of Ghana (IEAG)
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