• About
  • Advertisements
  • Terms of Use
  • Contact
Friday, May 1, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Abossey Okai dealers to enforce GIPC law on foreign traders

by The Sikaman Times
September 8, 2025
Abossey Okai dealers to enforce GIPC law on foreign traders
SharePostSendShareSend

The Abossey Okai Spare Parts Dealers Association has announced it will begin enforcing provisions of the Ghana Investment Promotion Centre (GIPC) Act, 2013 (Act 865), specifically targeting foreigners engaged in petty trading.

The exercise, set to start on Monday, September 8, 2025, is aimed at ensuring strict compliance with Section 27 (1) of the law.

The section prohibits non-citizens and foreign-owned enterprises from investing or participating in the sale of goods or services in markets, petty trading, hawking, or selling from stalls. Despite the law, the Association said foreign nationals continue to operate in areas such as Abossey Okai, undermining the livelihoods of local traders.

“This practice undermines the livelihoods of our members and weakens the foundations of local entrepreneurship,” the Association said in a statement. “Successive governments have failed to ensure full enforcement of this Act, resulting in a persistent drain on the businesses of Ghanaian traders.”

The Association stressed that it is not opposed to foreign investment but insisted that such ventures must operate within Ghana’s legal framework.

“We wish to emphasise that our Association is not against foreign investment in Ghana. Indeed, no country can develop without the valuable contributions of foreign partners. However, such investment must respect the laws of our land, particularly those regulating trade and commerce,” the statement noted.

Calling for collaboration, the Association urged relevant state institutions and stakeholders to back the exercise, which it described as a necessary step to protect indigenous businesses and maintain the integrity of local trade.

Advertisement Advertisement
Tags: Abossey Okai Spare Parts Dealers AssociationFeatured
Share1Tweet1SendShareSend
Previous Post

Azumah Resources dismisses E&P’s purported takeover of gold projects

Next Post

Police confirm arrest of Abronye for “offensive conduct”

Related Posts

BoG explains accounting losses ahead of 2025 financial statement release
Banking & Finance

BoG records GH¢15.6bn loss as negative equity widens to GH¢93.8bn

May 1, 2026
ORC issues final deadline for annual returns, business name renewals
Business

ORC extends returns filing for small businesses to June 30, relaxes audit rules

April 30, 2026
EOCO reportedly arrests ex-GIHOC boss Maxwell Kofi Jumah
General

EOCO reportedly arrests ex-GIHOC boss Maxwell Kofi Jumah

April 29, 2026
A gavel
General

Supreme Court rejects Wesley Girls’ bid to halt religious directives case

April 29, 2026
Letshego enters agreement to divest selected African subsidiaries to Axian
Banking & Finance

Letshego enters agreement to divest selected African subsidiaries to Axian

April 29, 2026
BudgIT Ghana urges deeper reforms following 2024 Open Parliament Index release
Business

BudgIT Ghana to launch simplified 2026 budget, boost citizen engagement on fiscal transparency

April 29, 2026
Next Post
Police confirm arrest of Abronye for “offensive conduct”

Police confirm arrest of Abronye for "offensive conduct"

  • ORC issues final deadline for annual returns, business name renewals

    ORC extends returns filing for small businesses to June 30, relaxes audit rules

    3 shares
    Share 1 Tweet 1
  • BoG records GH¢15.6bn loss as negative equity widens to GH¢93.8bn

    1 shares
    Share 0 Tweet 0
  • Liberty Sphere Training: Policy experts urge Ghana to rethink development planning

    6 shares
    Share 2 Tweet 2
  • S/R: Youth group demands removal of Registrar of Gonja Traditional Council

    59 shares
    Share 24 Tweet 15
  • I’m ultimately responsible for every success and failure within my government– Akufo-Addo

    6 shares
    Share 2 Tweet 2

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times