- Suame Magazine spare parts dealers have threatened to close down businesses of Nigerian retailers
- The local Kumasi traders are accusing the foreigners of pushing them out of retail business
Some angry traders at Suame Magazine in the Ashanti Region have vowed to resist any attempt to allow foreigners to engage in retail business meant for locals in the area.
According to the traders, foreign retailers especially Nigerian nationals have ventured and hijacked local businesses that are sole reserve of local people.
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Speaking to Class FM in Accra, one of the angry traders, at Suame Magazine, Prince Yeboah, insisted that they will not allow the foreigners to operate their local businesses..
“We do not want them (foreigners) to involve themselves in any form of retail business,” he angrily said.
Prince Yeboah further explained that, the foreigners retail the products to them and simultaneously engage in the sale of the same products at the retail prices directly to consumers at the same markets.
This move he said is gradually pushing local people at Suame Magazine out of business
About 500 foreign spare parts dealers at Suame Magazine few days ago sought refuge at the Suame Police Station, alleging that they were being assaulted by their Ghanaian counterparts.
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This prompted the Ashanti Regional Police Commander, DCOP Kwesi Mensah Duku to intervene in the matter.
At a meeting on Friday 3 August 2018, to deliberate on restoring peace between local traders and their foreign counterparts, DCOP Mensah Duku called on the traders to exercise restraint and allow peace to prevail.
But the meeting was fruitless as the local traders staged a walkout in protest.
Meanwhile, the leadership of the Ghana Association of Garages has registered its displeasure at the behaviour of the local spare parts dealers.
Ghanaian traders have been clamouring for strict adherence to Section 27(1) of the Ghana Investment Promotion Centre (GIPC) Act, which bans foreigners from participating in trade reserved for local retailers.
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