The executive secretary of the Importers and Exporters Association of Ghana, Sampson Awingobit, has disclosed that several of their members have shut down their businesses and moved to the neighbouring Ivory Coast, Togo, and Burkina Faso for business.
According to him, the current environment in the country is not favourable for business, hence they have moved out of the country.
He disclosed this in an interview on Frontline on Rainbow Radio (87.5 FM).
He described the current tax regime in the country as outrageous, expensive, and a killer of businesses.
Several members he lamented are currently out of business, and those who can no longer bear the harsh tax conditions have moved out.
Although he could not readily provide the number of businesses involved, he said several of them have been affected.
Samson Awingobit stressed, “It has become so expensive to do business in Ghana, and the Trades and Industry Minister is not doing anything about it. The government is not doing anything about it.”.
He has therefore admonished the government to address these concerns since they tend to cause serious challenges for the country.
By: Rashid Obodai Provencal/Ghana