Categories: Blog

Accra Mall Owners Demand 7% of Annual Profit of Traders + MORE | Where is the Gov’t of Ghana?

Accra Mall

Do we have laws in Ghana and when will Ghanaians begin to stand up against what is wrong?

According to several traders (shop owners) at the Accra Mall, they are being subjected to series of unfair treatments, extortion and unlawful demands by the foreign owners of the Mall, and have therefore decided to take to the streets in red…

Speaking on an Accra based radio station; one of the traders listed some shocking/unlawfully treatments the foreign Mall owners are subjecting Ghanaian traders renting spaces in the Mall to as;

Contrary to Bank of Ghana regulations, the Mall Owners are charging their rents in dollars—and when asked for cedi conversion, the Mall Owners turn to the high black market exchange rate for the conversion.

Secondly, the Mall Owners continue to pass on late payment penalties of their bills such as electricity and others to the traders, even when the traders have paid their rents on time. What happens is, after the traders have paid their rents on time, these foreign Mall Owners fail to pay the needed bills and when they are slapped with penalties, they pass it on to the traders…

Again, it has emerged that Owners of the Mall who have a similar mall in South Africa (where they are from) charge 15 dollars in South Africa for a square metre space while in Ghana, they charge between 50-60 dollars for a square metre.

The most upsetting and never heard of demand is that, the Mall Owners have requested that all traders using the mall must make their annual profit known to them—-and pay the Mall Owners 7% of the said profit. Where does this happen in this world? Why didn’t they just make it 10% and call it mall tithes?

Don’t we have Government agencies to ensure that Ghanaian traders or businesses are not being subjected to such exorbitant extortion in their own country?

Actually, the Mall trader who spoke out alleged that, the South African in charge of the Mall has on many occasions stated that ‘Ghanaians are fools’ and they will pay whatever you ask them to pay…

What do you think?

This post was published on February 27, 2014 1:00 PM

Our website, www.ghanacelebrities.com, uses cookies. The website uses analytical cookies to check the behavior of visitors and to improve the website on the basis of these data. In addition, third parties place tracking cookies to show personalized advertisements. Do not want to accept all cookies?

Read More