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Ghana To Stop All Foreigners From Engaging In Retail Businesses - Travel - Nairaland

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Ghana To Stop All Foreigners From Engaging In Retail Businesses by tensazangetsu20(m): 12:51pm On Jul 15, 2018
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.



“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.



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.

https://www.google.com/amp/s/amp.pulse.com.gh/news/business/gov-t-orders-foreigners-to-leave-the-retail-sector-for-locals-id8607411.html

Lalasticala please front page. Recently a lot of Nigerians have been encouraged to go to neighbouring Ghana to start businesses. Let them see what awaits them
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by Nobody: 1:00pm On Jul 15, 2018
I trust my Igbo brothers. They will still trade codedly like this kid.

Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by vikacydevato(m): 1:13pm On Jul 15, 2018
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.”
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by adewumiopeyemi(m): 1:51pm On Jul 15, 2018
Na wa oo
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by OneCorner: 1:57pm On Jul 15, 2018
I know it’s because of igbos they did this.
Anti Igbo everywhere.
High time we go back to Isreal dat we trekked from
Africans are starting to hate us already

Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by tensazangetsu20(m): 1:59pm On Jul 15, 2018
OneCorner:
I know it’s because of igbos they did this.
Anti Igbo everywhere.
High time we go back to Isreal dat we trekked from
Africans are starting to hate us already
Nope it's targeted at the Chinese. The article explicitly states so. Turns out the citizens can't compete with the chinkos in business cheesy
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by pocohantas(f): 3:49pm On Jul 15, 2018
I believe this falls under those government policies aimed at protecting local entrepreneurs and businesses. Protectionism?

Laudable move, but has its adverse effects.

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,”

Oh, the law has always been there. They are only enforcing it now.
They should have explored other regulatory measures, rather than total eradication of foreigners in their retail sector.
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by tensazangetsu20(m): 4:49pm On Jul 15, 2018
pocohantas:
I believe this falls under those government policies aimed at protecting local entrepreneurs and businesses. Protectionism?

Laudable move, but has its adverse effects.



Oh, the law has always been there. They are only enforcing it now.
They should have explored other regulatory measures, rather than total eradication of foreigners in their retail sector.

It seems the locals can't compete with the Chinese in business.
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by pocohantas(f): 4:55pm On Jul 15, 2018
tensazangetsu20:


It seems the locals can't compete with the Chinese in business.

Obviously they can't.

In the long run, it is only going to weaken their retail businesses. Seeing that they can't compete much with foreign businesses, they'll most likely not see any need to innovate or outdo themselves once the foreign competitors are out of the way.
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by tensazangetsu20(m): 4:57pm On Jul 15, 2018
pocohantas:


Obviously they can't.

In the long run, it is only going to weaken their retail businesses. Seeing that they can't compete much with foreign businesses, they'll most likely not see any need to compete or outdo themselves once the foreign competitors are out of the way.
A friend running a business in Ghana just confirmed it to be true. He said the Chinese imports goods dirt cheap and still go from house to house to advertise and sell. Why don't the Ghanaians do same undecided instead of complaining.
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by pocohantas(f): 5:08pm On Jul 15, 2018
tensazangetsu20:

A friend running a business in Ghana just confirmed it to be true. He said the Chinese imports goods dirt cheap and still go from house to house to advertise and sell. Why don't the Ghanaians do same undecided instead of complaining.

Not surprising. Everything has its advantage, including this. As you can see, the Ghanaians get to keep the target market all to themselves grin. The government owes her citizens such protection, Nigeria is just not doing us well...

Make we see as e go end for them.

@tensazangetsu20
Edit your post, it is lalasticlala smiley
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by engrvick2: 6:06pm On Jul 15, 2018
OneCorner:
I know it’s because of igbos they did this.
Anti Igbo everywhere.
High time we go back to Isreal dat we trekked from
Africans are starting to hate us already


funny grin
OneCorner:
I know it’s because of igbos they did this.
Anti Igbo everywhere.
High time we go back to Isreal dat we trekked from
Africans are starting to hate us already


funny
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by Babacele: 6:59pm On Jul 15, 2018
Mentioning Chinese is just a decoy.Didn't the article say non-Ghanaians? About 5 years ago,they started this stuff by increasing ,exorbitantly, taxes being paid by 'foreigners' which hit Nigerians the most . Even when Shagari drove them away ,many Nigerians weren't happy about it and accommodated them like our brothers that they really are. Of course , government must protect her citizens socioeconomically but then we should be careful about formulating policies that hurt our allies and friends a lot.

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Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by Triniti(m): 1:53pm On Jul 31, 2018
Chinese and Lebanese people has taken over retail business in Ghana, all the shops in nungua mall are owned by foreigners and they are not even Africans. Now they have started setting up shops around street corners, I saw a white guy setting up shop on spintex road the last time I was in Ghana
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by tensazangetsu20(m): 2:55pm On Jul 31, 2018
Triniti:
Chinese and Lebanese people has taken over retail business in Ghana, all the shops in nungua mall are owned by foreigners and they are not even Africans. Now they have started setting up shops around street corners, I saw a white guy setting up shop on spintex road the last time I was in Ghana

shocked grin grin. Ghanaians are lazy people you can't blame em. Let them come to Nigeria and compete
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by Triniti(m): 3:55pm On Jul 31, 2018
tensazangetsu20:


shocked grin grin. Ghanaians are lazy people you can't blame em. Let them come to Nigeria and compete
You are right, marjority of Africans are less ambitious
Re: Ghana To Stop All Foreigners From Engaging In Retail Businesses by tensazangetsu20(m): 3:57pm On Jul 31, 2018
Triniti:
You are right, marjority of Africans are less ambitious
Funny enough they are running to Europe to become slaves while others are coming to reap wealth in their lands. Isn't it ironic undecided

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