According to the President of the Association, Dr Joseph Obeng, his outfit does not deserve to be addressed as such by Parliament in another country. He noted that GUTA will not allow anyone to amend the Ghana Investment Promotion Centre (GIPC) law to favour other nationals at the detriment of Ghanaians. Dr Obeng said GUTA is prepared to face any consequences that come with their reaction for foreigners to invade the trading space. We deem it as an insult for us to be called opportunists in the foreign land". Speaker of Parliament, Alban Bagbin, in early July announced a review of the GIPC Act 2013, Act 865 to exempt the capital requirement for Nigerian retailers to trade in Ghana.

Source: GhanaWeb July 21, 2021 15:33 UTC