GUTA Calls For Regulation Of Chinese-Owned Shopping Malls Over Market Dominance

China malls are too many in Ghana, they are taking over our markets – GUTA President cries to gov’t

The Ghana Union of Traders’ Associations (GUTA) has appealed to the government to tighten oversight of Chinese-owned shopping centres, accusing them of gaining an unfair advantage over locally established retailers.

‎GUTA President Clement Boateng said the rapid establishment of these commercial outlets nationwide was threatening the survival of Ghanaian-owned enterprises.

‎Speaking in a video circulated by Edhub on X, Mr Boateng identified the growing number of Chinese-operated malls as a major concern for domestic merchants.

‎He alleged that foreign retailers had captured more than 60 per cent of the country’s retail business, leaving local entrepreneurs with fewer customers and declining sales.

‎Mr Boateng expressed surprise at the authorities’ apparent failure to address the situation, insisting that the unchecked expansion of these establishments was worsening competition for indigenous shopkeepers.

‎He therefore urged state institutions to investigate their activities and introduce appropriate measures to protect Ghanaian businesses.

‎The GUTA leader’s remarks have renewed discussions about foreign participation in Ghana’s retail sector and the need to safeguard locally owned commercial enterprises.

‎However, the claim that Chinese-owned malls control over 60 per cent of the market remains GUTA’s estimate and has not been independently verified.

 

By: Magdalene Agyeiwaa Sarpong

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