GUTA kick against foreign infiltration of retail sector

quist

August 23, 2016 2:49 PM

Executive of GUTA have visited some of the popular markets in the country to ascertain the intensity of the problem.

Retail Sector

Ghanaian traders in local markets across the country are up in arms over, what they describe as, encroachment of foreign retailers in Ghanaian markets.

The Ghana Union of Traders Association has been kicking against Chinese and Nigerian retailers in the country for contravening the Ghana Investment Promotion Centre’s directive that bars foreign participation in lower levels of the retail chain.

President of the Ghana Union of Traders Associations, Dr. Barimah Ofori Ameyaw II, in an interview with Pulse.com.gh said the need for foreigners to be driven away from the retail market is non-negotiable.

“For many weeks we have been here lamenting about foreigners invading the retail sector and economy, while government looks aloof as though they have seen nothing. The GIPC and the Trades Ministry who are supposed to regulate and ensure that foreigners do not invade the retail sector are also doing nothing about the situation. “

Barimah Ofori II promised to do all within their power to rid the market of the foreign traders.

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

quist