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

The Hair Dealers Association (HDA)  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 cedis 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 200 million 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 a cheaper price.

The association asked who gave her the permits and how her goods entered into Ghanaian market space without passing through proper channels.

She was optimistic that the members will resist any attempt by authorities or government machinery to bring in foreigners to come and retail in Ghana.

The association will not sit down and watch a foreigner come and destroy their businesses in Ghana.

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