Pulse.com.gh logo
Go


Ghanaian Retail Market Gov’t orders foreigners to leave the retail sector for locals

In a statement, the Ministry of Trade and Industry threatened to take legal action against non-Ghanaians who do not adhere to the directive.

  • Published: , Refreshed:

The Ministry of Trade and Industry has given non-Ghanaians in the retail sector upto July 27, 2018, to leave the markets or face the wrath of the government.

In a statement, the Ministry threatened to take legal action against non-Ghanaians who do not adhere to the directive.

“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,” the Ministry’s statement directed.

READ ALSO: Inflation for June hits 10%

“Offenders are entreated to move out of the markets by Friday, July 27, 2018,” the statement added.

According to the Ministry, the country’s laws make it clear that the retail sector is a preserve of Ghanaians only.

It cited section 27 (1) of the GIPC Law 2013, (Act 865) which states that, “A person who is not a citizen or an enterprise which is not wholly owned by a citizen shall not invest or participate in the sale of goods or provision of services in a market, petty trading or hawking or selling of goods in a stall at any place,” the Trade Ministry warned non-Ghanaians selling goods or dispensing services in the retail sector to “be advised accordingly.”

This news may come as a welcoming one to Ghanaian retailers. They have been calling on the government for some time now to sack foreigners including the Chinese invading the retail sector.

READ ALSO: Zylofon boss to create one million jobs for youth of Kasoa

In 2016, some fishing gear retailers threatened to close down shops operated by Chinese nationals if the government does not stop them from establishing retail businesses.

According to the aggrieved traders, the Chinese who are mainly their suppliers had also established shops in the country and are engaging in retailing of the fishing gears and other equipment.

They further disclosed that the Chinese had employed Ghanaians who fronted as owners of the shops.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
2 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
3 Ponzi schemes in Ghana These investments are Ponzi schemes in Ghana,...bullet
4 Accra Shops GAME store finally arrives at West Hills Mallbullet
5 Special Prosecutor Here’s why Martin Amidu can’t work...bullet
6 Finance Meet the 5 richest, most successful self-made women in...bullet
7 Kweku Adoboli Rogue banker denies saying Ghana is worse than...bullet
8 How to create a verified PayPal account Learn how to...bullet
9 How to create an NGO in Ghana How to register and start...bullet
10 Ghana-Chinese Relations 6 reasons why the StarTimes...bullet

Top Videos

1 Selorm Adadevoh MTN CEO dances Agbadzabullet
2 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
3 Plane Crash Starbow suspends operations following plane crashbullet
4 Former Capital Bank staff grills pork for survivalbullet
5 Support Finance minister buys Kantanka carbullet
6 Forbes 2018 Africa's billionaires rich listbullet
7 Money Alert Meet Africa's richest womanbullet
8 Bozoma Saint John 10 quotes from Uber top official,...bullet
9 Dr Joseph Siaw Agyepong Nobody can collapse my company –...bullet
10 New Phone Nokia’s MWC 2018 event in 7 minutesbullet

Business

X
Advertisement