The Abossey Okai Spare Parts Dealers Association has issued a strong warning that it will shut down all foreign-owned retail shops in the enclave on Monday, September 8, 2025, if government fails to intervene.
According to the Association’s Director of Communications, Takyi Addo, the planned action is to enforce provisions of the Ghana Investment Promotion Act (Act 865), which reserves retail trade exclusively for Ghanaian citizens.
“This time we are serious. On Monday, we are closing all shops of foreigners. There are laws in this country, and we don’t know how they have managed to infiltrate the retail business. Some are even driving Uber and engaging in trades strictly reserved for Ghanaians. We have been patient for too long,” Mr. Addo stated.
He emphasized that the move is not directed at any particular nationality but at ensuring compliance with the law. He, however, pointed out that some foreign traders, particularly Chinese nationals, have been importing goods worth over $10 million but still engage directly in retail trade, in violation of Act 865.
“Foreign investors are required to deposit at least $1 million to operate in the retail sector or import goods of equal value. They are supposed to serve as suppliers, not retailers. Unfortunately, that is not the case,” he said.
Mr. Addo noted that the influx of foreign traders in the retail market has placed Ghanaian spare parts dealers at a severe disadvantage, as locals face high rent, levies, and import duties while competing with businesses that flout regulations.
The Association insists the planned shutdown is long overdue, stressing that many local dealers at Abossey Okai have already been pushed out of business due to what they describe as unfair competition.
