The Ministry of Trade and Industry has given a 27 July 2018 deadline to all non-Ghanaians in the retail industry, to stop their business or face legal action.
The Ministry, in a statement, said: “Notice is hereby given to all non-Ghanaians who are engaged in retail trading activities contrary to the provision of the Act [GIPC Law 2013] to desist from doing so. All persons engaged in such practices are, therefore, advised to stop to avoid legal actions being taken against them”.
It added that: “Offenders are entreated to move out of the markets by Friday, 27 July 2018.” According to the laws of Ghana, the retail sector is reserved for Ghanaians.
Over the years, members of the Ghana Traders Union Association (GUTA) have had cause to worry over the influx of foreign nationals in the retail sector.
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The directive doesn't apply to melcom and the like. There is a minimum capital requirement for foreign retail businesses and number of Ghanaian's that should be employed by such businesses. Ghana is our motherland, lets know the laws of our land.
Melcom is a huge retail shop right in the heart of Accra city Utc, Does it also applies to them. or the smaller Foreigners retailers are going to be victimized, The governments should start from Melcom, Shoprite, Citydia,Lava etc.....For me i think governments should rather make sure foreign businesses pay more taxes rather than closing shops, This is 21 Century anybody can own business anywhere in the world......Your wasting huge money looking for foreign investors yet you are telling foreigners to close their businesses, What confusion.
Good move by government.They should stand firm and should not be pressurized to give in whatsoever.
They should start selling their wares to Ghanaian now. we are tired of them.
YE DA NYAME ASE!!!!!!!
we must understand that Ghana is not a manufacturing country and so retailing is the business for many. How do we allow Foreigners to take over the core of the business activity in the Country? Yes they can partner which means some level of shared profits and lower cases of Capital flight. In any case there are already laws that must be adhered to. one cannot go to any country in the world and then start retailing as Ghanaian. It does not happen . Let us learn to protect our own .
Retailers PACKING OUT DOES NOT STOP THE INCOMPETENT PRESIDENT TO FIX THE CEDI AND CORRUPTION.THE GOV. SHOULD NOT FORGOT GHANAIAN ARE DOING SAME ELSE WHERE AND HE SHOULD PREPARE TO SEE THEM BEING SACK ALSO.HE SHOULD REUSED HIS 110 MINISTERS B4 Retailers MATTERS. CORRUPT PRESIDENT EVER IN HISTORY WITH FAMILY STAFF AND CONCUBINES AMBASSADORS.AKUFO ADO IS THE PRESIDENT WITH BAD EXAMPLES BY APPOINTING OLD WIFE'S/CONCUBINES IN TO GOV GHANAIAN WILL NOT FORGET.
I AM SORRY THIS IS NOT NEEDED AT THE MOMENT. PLEASE FIX THE NO BED SYNDROME AND STOP DIVERTING ISSUES JUST TO THROW DUST INTO THE EYES OF ORDINARY GHANAIAN. WE ARE WIDE AWAKE NOW AND READY TO FIGHT FOR WHAT RIGHTFULLY BELONGS TO US THE YOUTH....
if Ghanaians will not support this ideas, then that is their own business.
what about those paying Ghanaians to front the business as owner. This directive will not bring any change if Ghanaian themselves don't stop taking money from them and be the face of the retail business. Many of these businesses men have Ghanaian partners, thus this directive will not work