The government has given permission to 50 foreigners to operate in Ghana’s retail market.
For many years, Ghanaian retailers have resisted moves by foreigners, particularly Nigerian nationals, to engage in retail trade in markets such as Abossey Okai in Accra and Suame Magazine in Kumasi.
This has often led to Ghanaian retailers shutting foreigners’ shops, a situation that occurs frequently.
Nationals of other countries in the West Africa region have rights to trade in Ghana under ECOWAS law but often face resistance from Ghanaian traders who cite the conflicting Ghana Investment Promotion Centre Act.
In an interview with Nana Oye Ankrah of Asaase Business, the president of the Ghana Union of Traders’ Associations, Joseph Obeng, said that a list of identified foreigners will be allowed to operate in the retail market in the coming weeks.
“About 50 people have been given the greenlight to operate here and the rest, their shops will be closed,” he said.
“It has started: Opera Square enclave has been closed, Okaishie, Circle, all the foreign traders’ shops have been closed.”
Listen to Joseph Obeng in the audio clip attached below:
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