[ad_1]
They therefore called on law enforcement agencies to strictly ensure that retail businesses are run solely by Ghanaians to protect local businesses in the country.
MPs from both sides of the House have expressed concern over the current phenomenon that is endangering the retail trade of Ghanaians when New Patriotic Party (NPP) MP for Manhyia North, Collins Owusu Amankwah, has drawn attention to the current situation. Chamber's attention to the blatant violation of the Ghana Investment Promotion Law (Law 865) pbaded by foreigners yesterday in Parliament, which it says seriously affects local businesses in the country.
Inusah Fuseini, member of the National Democratic Congress (NDC) of Tamale Central, said that although Ghana has signed the ECOWAS Treaty on Free Movement of Goods and Services in the region, the country's supreme laws and other legislation related to the ECOWAS Treaty.
According to the country's legislation, if a foreigner wants to set up a business in the country, he must first invest one million dollars in this business and be ready to employ 12 Ghanaians from scratch.
He also said that an investor must also obtain a residence permit allowing him to open and operate his business.
Osei Kyei-Mensah-Bonsu, majority leader and MPP MP for Suame, said that all countries in the West African subregion have laws protecting local businesses or the economy. retail business.
He said the recent clashes at Suame Magazine in Kumasi between Ghanaian spare parts dealers and their Nigerian counterparts were very unfortunate. However, he indicated that many Nigerians working in the aftermarket are not qualified to do so, as most of them have not registered or asked for their business hospital equipment and ended up dealing with spare parts.
He called on the security forces to take steps to ensure that Ghanaian retailers are protected by the laws of the country.
[ad_2]
Source link
