After closing their doors on Monday, the Adum business community in the Ashanti Region claims they have not yet received any kind of invitation or communication from the government.
As other merchants replicate the same action in other areas of the region, over 800 shops have been shut down in the Adum enclave.
The dealers claim that the tax regulations imposed on their companies led to their choice.
The Ghana Union of Traders Association (GUTA), the country's trade association, has supported the company owners in Kumasi in their initiatives.
Charles Kusi Appiah, the executive secretary for the Adum Business Community, pleaded with the government to take the traders' ideas into consideration.
"We want the government to take the initiative in solving this problem. We have made certain recommendations to the government, including that they collect all levies and taxes at the point of production so that there is a fair price to sell items at.
Businesses will have the sanity and clarity to conduct business and pay our corporate taxes and PAYE, and the government will mobilize income as efficiently as possible. The government will benefit if this proposal is followed.
"As we mentioned yesterday, our businesses are crumbling, and we cannot continue to sit down unconcerned," said Charles Kusi Appiah-Kubi.
They are giving us their full support. A lot of effort is put out. Actually, we did not anticipate this level of assistance.
He thinks the protest is legitimated by the traders' support.
I believe the message to be clear. Policy is causing firms to collapse rather than develop.
The strength of the cedi has also been a problem for the dealers.
According to the Bank of Ghana, the Ghana cedi has lost 37.5% of its value against the US dollar as of the end of September 2022.
The exchange rate for the dollar right now is slightly over GH11 to $1.
"As we mentioned yesterday, our businesses are crumbling, and we cannot continue to sit down unconcerned," said Charles Kusi Appiah-Kubi.
If the concerns of the traders are not addressed, the GUTA has threatened further unrest across the nation.
"At first, we were controlling our annoyance, but now that annoyance has given way to rage, the business community is displaying that. Others will follow, so this is just the beginning. According to Dr. Joseph Obeng, president of GUTA, "If I listen to the agitations of our members, it suggests that a lot more will follow, and it is going to be tremendous."
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