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Inflows Of Foreigner Into Ghanaian Market Is Worrisome And A Treat To Indigenous Businesses

The hair dealers association has raised serious concerns over inflows of foreign nationals invade into their businesses.
Speaking at a news conference held in Accra, the president of the association, Madam Nana Adwoa Ennifo, said last Monday May, 1st 2023, the association had a call from a true Ghanaians who intercepted a Nigeria investor who was retailing the same hair they sell it for ¢400 cedi and she has mounted an exhibition selling the same hair for ¢100 was gifts.
According to her, when the members rush to the place the said investor take a microphone and said she has come to stay and no amount of intimidation from the Ghana business community will provoke her because she has pass through the necessary documentation and has the right to retail in Ghana.
She reiterates that before a foreigner can retail in the market space in Ghana the said person must go and register with GIPC and register general.
Even though after passing through all this he/she must have a seed capital of 200million dollars before she can start retailing and all of this was not done yet she was able to go and do exhibition and retailing the same hair for cheaper price.
The association ask who gave her the permits and how her goods entered into Ghanaian market space without passing through proper channel’s.
She was optimistic that the members will resist any attempt by authorities or government machinery to bring inn foreigners to come and retail in Ghana.
The association will not sit down and watch a foreigner to come and destroy they businesses in Ghana.
According to her, the association welcome any foreigner who wants to do a genuine business in Ghana they’re ready to support.
Ghana is a peace loving country and respect the rule of law and law abiding citizens.
Source: Thepressradio.com| Joseph Nana Yaw Cobbina

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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