[ 2012-07-04 ]
GUTA condemn IMANI Ghana for opposing sacking of foreign traders
Even as ECOWAS Parliament lobbies government to
review exiting law which bars foreigners from
retail business until they invest 300,000 dollars,
the Ghana Investment Promotion Center has hinted
the threshold may soon be increased to about a
The GIPC says the review of the law passed as far
back as 1994 is long overdue.
An Inter-Agency Task-force which begun a crackdown
on foreigners engaged in illegal retailing has
vowed to sustain the exercise but some civil
society groups fear it could have negative
Chief Executive of the GIPC, George Aboagye
however maintained the law was in the interest of
He told Joy News that though the ECOWAS Parliament
was pleading for a review, government was yet to
Meanwhile some traders at the Central business
district of Accra where the enforcement exercise
begun yesterday are urging the task-force to be
circumspect in their operation.
They fear it could lead to a situation where a few
Ghanaian traders with the capacity to import goods
will control the market.
But the President of the Ghana Union of Traders,
George Ofori disagrees.
He also condemned policy think-tank IMANI Ghana’s
opposition to the enforcement of the law.
George Ofori told Joy News most of the comments
made by IMANI were uninformed.
Source - Joy News
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