The Ghana Union of Traders has appealed to banks and financial institutions to reschedule the financial obligations of traders at the Kantamanto market.
GUTA made the appeal following the fire outbreak that destroyed shops at the market.
Speaking to journalists, First Vice Chairman of GUTA Clement Boateng “I will take this opportunity to appeal to the banks because I know that there are a lot of people here who have taken some facilities from the bank. So, I want to make an appeal to all the financial institutions that our members have taken facilities from to please reschedule their facility arrangement so that the time that they are supposed to repay the facility will be extended for them to have some bit of respite.”
GUTA has also donated GH₵40,000 to support the reconstruction of the market.
He went on to urge the District, Metropolitan, and Municipal Assemblies to allocate some of the fees collected from traders for insurance schemes.
“Sit down with GUTA and consider an amount that we are paying for the business operating permit; that amount should be set aside to sign on to an insurance package so that in times like this, our people will not be found wanting.”
On his part, the Director of Communications of GUTA, Joseph Paddy, underscored the need for a well-structured market system to enhance trading activities nationwide.
“Over some period of years now, we have not had a well-structured market in the country. Almost all the markets we have are made by the indigenes. Only very few local markets. This is the time for the government to collaborate with the private sector so that we can build more well-structured markets for Ghanaians to trade in.”
By: Rainbowradioonline.com/Ghana
