{"id":8704,"date":"2022-10-11T08:08:20","date_gmt":"2022-10-11T08:08:20","guid":{"rendered":"https:\/\/expressnewsghana.com\/?p=8704"},"modified":"2022-10-11T13:20:45","modified_gmt":"2022-10-11T13:20:45","slug":"traders-in-kumasi-shut-down-shops-over-multiple-taxes-bad-economy","status":"publish","type":"post","link":"https:\/\/expressnewsghana.com\/?p=8704","title":{"rendered":"Traders in Kumasi shut down Shops over Multiple Taxes , bad Economy"},"content":{"rendered":"\n<p><strong>Kumasi traders lock up shops to protest economic crunch, tax burden<\/strong><br \/><strong>Market<\/strong><\/p>\n\n\n\n<p>Some traders in the Ashanti regional capital, Kumasi have on Monday, October 10, 2022 locked up their shops in protest of the free fall of the local currency \u2013 Cedi, high cost of doing business, collection of exorbitant taxes by government, among others.<\/p>\n\n\n\n<p>According to the traders within the central business district, the demonstration will last for three days.<\/p>\n\n\n\n<p>They explained that the protest also aims at kicking against the decision by the Ghana Revenue Authority (GRA) to station their officers at each shop to record Value Added Tax (VAT) on products they sell.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"718\" height=\"745\" src=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/10\/Screenshot_20221011-080603-1.png\" alt=\"\" class=\"wp-image-8707\" srcset=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/10\/Screenshot_20221011-080603-1.png 718w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/10\/Screenshot_20221011-080603-1-600x623.png 600w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/10\/Screenshot_20221011-080603-1-289x300.png 289w\" sizes=\"(max-width: 718px) 100vw, 718px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"300\" height=\"167\" src=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/10\/78453272.295.jpg\" alt=\"\" class=\"wp-image-8706\"\/><\/figure>\n\n\n\n<p>\u201cWe want the government to come and dialogue with us. The cost of doing business is high due to tax and the Cedi performance. We have been using our profit margins to pay tax which is not fair,\u201d a trader told TV3.<\/p>\n\n\n\n<p>Most of these traders partaking in the demonstration deal with food commodities, among others.<\/p>\n\n\n\n<p>The traders are however calling on government to reduce the taxes on businesses.<\/p>\n\n\n\n<p>Meanwhile, traders within Magazine, Sokoban wood factory are expected to join the ongoing protest.<\/p>\n\n\n\n<p><em><strong>Source: <\/strong><\/em><strong>3news<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kumasi traders lock up shops to protest economic crunch, tax burdenMarket Some traders in the Ashanti regional capital, Kumasi have on Monday, October 10, 2022 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[2101,2102,2100],"class_list":["post-8704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-shops-lock","tag-taxs","tag-traders-kumasi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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