Ghana Threatens To Expel Foreign Retailers, Nigeria Inclusive

Date: 29-06-2012 9:36 am (12 years ago) | Author: Omogbolahan Babs
- at 29-06-2012 09:36 AM (12 years ago)
(m)
Ghana threatens to expel foreign retailers

Written by Kate Da Costa in Accra, Ghana    Friday, 29 June 2012

The Ghanaian government yesterday vowed to make good the threat to ban all non-Ghanaians engaged in retail business in the country.

Consequently, the government has directed that with effect from Tuesday July 3, the Task Force would embark on the closure of shops of all non-Ghanaians in retail trading, who have flouted their laws on trade.

The Minister of Trade and Industry, Ms. Hannah Tetteh, who disclosed this yesterday at a press briefing in Accra, warned that all related issues like tax evasion and illegal residency in the country would be addressed simultaneously.

Tetteh declared that the Ghanaian government would not relent until the laws of the country were enforced; hence she decried the flagrant disobedience of their legislations by some ECOWAS nationals.

She affirmed that the expulsion from the markets was neither intended to deny non-Ghanaian residence or expropriate their assets, but an action meant to bring sanity to the markets.

According to her, the provision of Act 478 which prescribed that non-Ghanaians intending to engage in trading activities invest a minimum of USD300, 000.00.


Posted: at 29-06-2012 09:36 AM (12 years ago) | Gistmaniac
- aliaaz at 29-06-2012 10:51 AM (12 years ago)
(m)
k they shud go ahead

Posted: at 29-06-2012 10:51 AM (12 years ago) | Gistmaniac
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