• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Comment Editorial 201808

Rumbling At The Market

28-Aug-2018
/ Editorial, Comment
Email
Print
Comments 0
Alan Kyerematen, Trade Minister
(0)
Comments
Share on Facebook Share on Twitter
 

Ghanaian retailers under the umbrella of Ghana Union Traders Association (GUTA) are restive. They are unable to come to terms with what they consider to be the non-application of the law barring foreigners from retail trade which by statute is the preserve of Ghanaians.

A number of engagements between their representatives and the Trade Ministry have remained inconclusive.

Within the ECOWAS protocol, the subject is anything but simple. That is why we think government is handling it with the caution such subjects demand.

While we agree with the highly respected GUTA membership whose hard work and provision of sources of livelihood and taxes for the state are recognized, we nonetheless ask that they consider the predicament of the government and take it easy as the issue is obviously being tackled albeit slowly.

Government will definitely not fold its arms as citizens are pushed out of business by foreigners. We operate in an international community activities within which are hinged on regional protocols.

A few days ago, a joint Ghana Immigration Service (GIS), Ghana Revenue Authority (GRA) and the Police exercise in shutting down shops owned by Nigerians which are being operated without permits as we were told, attracted the attention of industry observers. A few headlines captured the development.

As if that was not enough, garage owners in the Brong Ahafo Region, Sunyani, to be precise, have issued an ultimatum to foreigners engaged in their line of business to stop same.

This ultimatum ties into the rumbling within GUTA about the subject. The growing resentment among indigenous retailers should not be allowed to boil over. Something must, of course, be done to calm nerves.

It is a Catch 22 situation for government and we do not envy the relevant authorities at all as they are torn between satisfying the locals and losing out on the diplomatic front or displeasing the indigenous retailers and incurring their wrath and indeed breaching the law which is protective of the locals.

Nigerians top the list of foreigners in the retail bracket and given the historical ties between them and Ghana, the need to take another look at how to manage the issue under review cannot be overlooked. A trade war between the two countries would not be in the interest of both parties.

In the 80s, following a faux pas by the Nigerians when they applied a certain measure against Ghanaian entrants into that country, Ghana retaliated by demanding that citizens of the oil-rich country coming here must deposit an amount of $50 at the point of entry. Those who could not satisfy that demand were detained and even returned. The tit for tat actions did not inure to the common good of both countries.

Sanity returned finally when the authorities of the two countries reviewed the unwholesome actions.

We therefore ask that retailers desist from taking the law into their own hands because the subject, being international in nature, must be handled with a high dose of finesse lest it sparks a diplomatic spat between the two sister nations.

Source: Daily Guide

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Celebrate In Moderation

Next Post

This Is Good News For Farmers

 
 

More Stories

We Must Commit To Improving Lives Of PWDs
Gov’t, Religion And Economy
Emotional Justice In The World Of Diplomacy
ECG & Kroboland Impasse Needs A Peaceful Solution
Gone But Not For Good
Time To Support Our Printing Industry To Grow
Black Stars: Let’s Bear Cost, Instead Of Suffering More Heartbreaks
We Need To Uphold Ghana’s Democratic Credentials
Bagre Dam Spillage, Floods And What We Are Not Doing To Stop It
Next Post

This Is Good News For Farmers

  Opinion

  • Articles/Features
  • Editorials
  • Announcement
  • Press Release


 
 

Other Editorial Stories

  • We Must Commit To Improving Lives Of PWDs

  • Gov’t, Religion And Economy

  • Emotional Justice In The World Of Diplomacy

  • ECG & Kroboland Impasse Needs A Peaceful Solution

  • Gone But Not For Good

  • Time To Support Our Printing Industry To Grow

  • Black Stars: Let’s Bear Cost, Instead Of Suffering More Heartbreaks

  • We Need To Uphold Ghana’s Democratic Credentials

  • Bagre Dam Spillage, Floods And What We Are Not Doing To Stop It

  • Coronavirus Economic Policy: Proposed 'Obaatan Pa' Recovery Plan Impressive

 

 
 

Popular Videos

Kokrokoo Discussion Segment On Peace 104.3 FM (23/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (22/03/2023)

Peace Power Sports (23/03/2023)

Peace Power Sports (22/03/2023)

Akan News @ Midday On Peace 104.3 FM (22/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (22/03/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media