Kumasi Traders Lock Up Shops To Protest Fall Of Cedi; High Taxes
Some traders in the Ashanti Regional capital Kumasi have locked up all their shops following the woes of the Cedi against the Dollar and its effect on businesses. They are also protesting the high taxes they are paying. Journalist reported that parts of business community in Kumasi are shut down. Most of the merchants deal in food commodities. We 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, a trader said.