• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, June 1, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Vaultz Business

GUTA calls on government to revamp committee on retail trade

Maynard Championby Maynard Champion
May 5, 2021
Reading Time: 3 mins read
The National Welfare Officer of Ghana Union of Traders Association, Benjamin Yeboah, has called on government to revamp committee on retail trade to deal with foreign traders operating in its members retail space.

The National Welfare Officer of Ghana Union of Traders Association (GUTA), Benjamin Yeboah, has called on government to revamp committee on retail trade to deal with foreign traders operating in its members retail space.

According to him, members of the Association are agitating over the resumption of operations by foreign retailers in the country.

His comments follow request by members of the Kasoa branch of GUTA calling for the Presidential Committee on Foreign Retail Trade to address the issue.

To address this, members are demanding the enforcement of laws in order for indigenous retail traders to work at ease.

ADVERTISEMENT

“In Kasoa, unfortunately, we have a large number of foreigners that trade in these retail businesses that is forbidden by law. Last year, because the COVID-19 committee set up by the Trade Ministry couldn’t work that much. It was a bit slow but still, they were able to do some work”.

Revamp committee on retail trade

According to the Association, foreigners took advantage of the break undertaken by the committee due to the outbreak of COVID-19. As a result, they invaded the retail market and subsequently took over spaces meant for Ghanaian traders.

“There was a timetable that they were trying to follow until the elections. So, after the elections, we have been waiting for government to put in place all those necessary structures that they have to. But time is running and we are in May and our members are also crying. Funny enough even though our borders are closed to these foreigners they are able to trickle in through these borders; and they are still taking up places in the market and this is a bother to them.

“We are calling on government that as a matter of urgency the committee on retail trade should be revamped so that they can start where they left off and then come to the aid of our members because they are at their wits end. We as leaders will be talking to them and trying to calm them down, but how long can we continue doing that”.

GUTA threatens closure of unregistered shops

In April, the President of GUTA, Dr. Joseph Obeng, revealed that the Association will resume the close down of unregistered foreign retail shops in May.

According to him, the exercise will cover retail centres in Kumasi, Accra, Takoradi and the Central Region.

Data from the Association revealed some 200 unregistered foreign retail shops remain locked up in Accra and Kumasi.

Additionally, Dr Obeng revealed that none of the 200 shops have proven “to have the right documents to operate”. This, he noted, gives the Association “more reason to keep them closed”.

Reacting to this, the former President for All Nigerian Communities in Ashanti Region, Chief Nkem Tony Onyeagolu, called on President Akufo-Addo to direct the reopening of locked-up Nigerian shops.

Countering the request in a statement, the Ashanti Regional Branch of GUTA described as the situation as unfortunate.

The retail feud between some foreign retail traders and GUTA members prompted the Association to petition President Buhari.

to call the Nigerian retailers in the country to order. It indicated that this was necessary to address false allegations on matters pertaining to the ongoing feud.

ADVERTISEMENT

Read Also: Davido signs multi-million partnership with 1XBet

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: foreign tradersGhana NewsGUTARetail trade
Share6Tweet4Share1SendSend
Please login to join discussion
Previous Post

Acute food insecurity soars to five-year high- GNAFC

Next Post

EU planning to tighten foreign investment rules to promote competition

Related Posts

Hon. Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness, and Industry
Vaultz Business

Trade Minister Details Blueprint to Lower Market Entry Barriers at London Summit

June 1, 2026
Mr. Simon Madjie, GIPC CEO
Vaultz Business

Ghana Reconstructs Investment Code for British Capital at UK Summit

June 1, 2026
President John Dramani Mahama
Vaultz Business

President Mahama Outlines Strategy to Transform Ghana Into a Global Production Hub

June 1, 2026
Charles Osei Owusu, Senior Manager Fintech Business, MMFL Commercial Operations, addressing the Ghana National Tailors and Designers Association
Vaultz Business

MMFL Launches Wo Nkɔsoɔ Initiative to Formalize Ghanaian MSMEs

May 31, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

Hon. Emelia Arthur, Minister for Fisheries and Aquaculture Development

FEU Detains Illicit Operators at Tema Harbour in Regulatory Crackdown

June 1, 2026
Alexander Djiku playing for the Black Stars

Carlos Queiroz Confirms Djiku Will the World Cup Due to Injury

June 1, 2026
Ato Forson Targets 15% Tax-To-GDP Milestone

Ato Forson Targets 15% Tax-To-GDP Milestone

June 1, 2026
Hon. Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness, and Industry

Trade Minister Details Blueprint to Lower Market Entry Barriers at London Summit

June 1, 2026
Ghana's Foreign Affairs Minister, Hon. Samuel Okudzeto Ablakwa, and South Korean Foreign Minister Cho Hyun signed landmark waiver deal on the sidelines of the ongoing Korea Africa Foreign Ministers Meeting

Ghana, South Korea Sign Landmark Visa Waiver Deal

June 1, 2026
Next Post
EU planning to tighten foreign investment rules to promote competition

EU planning to tighten foreign investment rules to promote competition

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address