25Jul

Government Suspends Deadline For Removing Foreigners In Retail Markets

The Ministry of Trade and Industry has suspended the deadline for removing foreigners from Ghana’s retail markets.

This, the ministry says is to intensify sensitization and education in the domestic retail trade sector.

Per the GIPC law Section 27(1) of the GIPC Act, a person who is not a citizen or an enterprise which is not wholly owned by 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.

It will be recalled that the ministry earlier gave notice to all foreign retailers to vacate the country’s retail markets by 27th of this month or face severe sanctions.

But a statement released by the Ministry and copied to Citi Business News, said the exercise had been suspended.

The ministry, however, demands the cooperation of the trading community and the general public in this regard.

Source: citibusinessnews.com

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FRED PENTECOST

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