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GUTA Calls for Stricter Enforcement of Retail Trade Laws to Curb Foreign Participation

11 months ago
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GUTA Calls for Stricter Enforcement of Retail Trade Laws to Curb Foreign Participation

The Ghana Union of Traders Association (GUTA) has called on the government to take decisive steps in 2026 to curb the growing involvement of foreigners in Ghana’s retail trading sector.

The appeal was made by GUTA’s National Vice President, Clement Boateng, during a visit to Makola Market on Tuesday, December 23, by the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, accompanied by the Mayor of the Accra Metropolitan Assembly, Michael Kpakpo Allotey.

Mr Boateng stressed that the retail trading sector should remain reserved for Ghanaians, in line with existing laws and regulations governing commercial activity in the country.

“Foreigners are increasingly taking over the retail aspect of trade from our citizens. I have therefore suggested to the Minister that the Act regulating this sector should be reviewed and strictly enforced to address the situation next year,” he said.

He urged the Ministry to intensify enforcement of the relevant legislation to protect local traders and ensure fair participation in the retail market, noting that unchecked foreign dominance poses risks to livelihoods within the informal and small-scale trading space.

The visit formed part of the Minister’s engagement with key stakeholders in the trade sector, as the government prepares policy measures aimed at strengthening domestic commerce and promoting inclusive economic growth.

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