Business News of Thursday, 28 November 2019Source: citibusinessnews.comReview GIPC law on retail trade – Nigerian traders appeal to Ghana governmentPresident of Nigeria Union of Traders Association, Ghana, Chief Chukwuemeka Nnaji. The Nigeria Union of Traders Association, Ghana, is asking the government of Ghana to intervene in the closure of shops belonging to their members. Members of Ghana’s main traders’ union, GUTA, have repeatedly locked up shops belonging to foreigners in Kumasi and Accra citing existing laws on retail trade in Ghana which bars foreigners from operating in that space. “We want the Ghanaian government to harmonize the GIPC Act 865, (Section 27 and 28), that bars foreigners from engaging in retail trade, with ECOWAS laws. The most tensions have been at the Opera Square Market in Accra, where foreign traders’ shops have been locked up on multiple occasions.

Source: GhanaWeb November 28, 2019 07:07 UTC