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Business News of Thursday, 30 August 2018

Source: adomonline.com

GUTA to close shop in protest against CTN policy

Ghana Union of Traders Association (GUTA) has declared nationwide strike starting from Monday 3rd September to 5th September, 2018 by closing their shops to demonstrate against the implementation of the Cargo Tracking Note (CTN) policy.

Speaking to Adom FM’s Kodwo Mensah Aboroampa, the Deputy General Secretary of GUTA, Nana Poku, indicated that aside from the implementation of the Cargo Tracking Note policy that has necessitated that strike action; members will also be protesting high import duty, high exchange rate and some unfair treatment being melted out to them by policy makers.

He disclosed that the introduction of CTN is not a bad policy rather the manner in which government is implementing it by forcing it on the throat of traders is a cause for worrying. Nana Poku said there is the need for more public education to be done for traders to understand how the policy operates.

However, Deputy General Secretary of GUTA, Nana Poku, is optimistic that government will listen them in order to avert the demonstration as planned.

The Cargo Tracking Note is to streamline activities at the port in maximizing port revenue and track importation of goods s that comes into the country.

The Ghana Revenue Authority (GRA) introduced the Cargo Tracking Note (CTN) System on the 1st July 2018 for all shipments to Ghana (transit cargo included), Shippers/Exporters/Forwarders at the various Ports of Loading around the World are required to obtain a validated CTN number using the global online platform provided and submit same together with Shipping Instructions (SI) to their Shipping Lines.