GUTA calls on government to curb foreign dominance in retail trade

The Ghana Union of Traders Association (GUTA) has called on the government to take decisive action in 2026 to limit the growing participation of foreigners in the country’s retail trading sector.

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

Boateng stressed that the retail sector should primarily be reserved for Ghanaians in accordance with existing regulations.

“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.