Foreigners control 70% of Ghana's market – GUTA president

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.mr amin 3 months ago

Yes pragia spear parts shops scattered everywhere control by Nigerians drive them away before they gain grounds and fight you

Yes pragia spear parts shops scattered everywhere control by Nigerians drive them away before they gain grounds and fight you
PMK 3 months ago

@mr.amin. Ghanaian traders are greedy. They want to make 10x profit from one product. I'm a Ghanaian but I will prefer buying from a nigerian trader than from Ghanaian trader. Why? Because of the high price compared to their ...
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@mr.amin. Ghanaian traders are greedy. They want to make 10x profit from one product. I'm a Ghanaian but I will prefer buying from a nigerian trader than from Ghanaian trader. Why? Because of the high price compared to their nigerian counterparts. Is even cheaper buying spare parts from nigeria than from our own country.
OGyam 3 months ago

@ PMK, people should stop that "greedy tag" nonsense! Nigerians are not supposed to be doing that in our country in the first place. That is the point. Now, by 2050, according to UN , their population will be 400 million. ...
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@ PMK, people should stop that "greedy tag" nonsense! Nigerians are not supposed to be doing that in our country in the first place. That is the point. Now, by 2050, according to UN , their population will be 400 million. How many do you want to live in Ghana with you? If you put all the Igbo states and Yoruba states together, you wlll get a landmass of about 70,000 sq miles with a population of about 80 million. . PMK, keep supporting their illegality until you get 10 milliom of them in Ghana, then you will see real Nigerians.
Yaw Nkansah 3 months ago

GUTA leadership are greedy and the very ones who have allowed this to happen over the years. They know the law exists and why can't they take the matter to court?

GUTA leadership are greedy and the very ones who have allowed this to happen over the years. They know the law exists and why can't they take the matter to court?
Non-Partial Miss Eshun 3 months ago

i do care about great deals and so I always look around for that before I make any purchases . No, I am not going to buy your wares because you are a Ghanaian. So, let them continue jacking up prices. Pretty soon, that 30% m ...
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i do care about great deals and so I always look around for that before I make any purchases . No, I am not going to buy your wares because you are a Ghanaian. So, let them continue jacking up prices. Pretty soon, that 30% market share will whittle down some more.
Obibini 3 months ago

PMK is a Nigerian pretending to be a Ghanaian. Ecowas treaty doesn’t mean residency in member country without valid residency permits. This is what Ghana is faced with. So many Nigerians in particular have entered Ghana in ...
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PMK is a Nigerian pretending to be a Ghanaian. Ecowas treaty doesn’t mean residency in member country without valid residency permits. This is what Ghana is faced with. So many Nigerians in particular have entered Ghana in the mighty name of Ecowas and they don’t want to go back. The treaty allows 90 days maximum stay.
Koo 3 months ago

Nigerians are honest when doing business even if he gets small profits, Ghanaians are criminals when doing business. They’ll cheat u by demanding a lot of profits from the products. I would rather buy from foreigners than G ...
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Nigerians are honest when doing business even if he gets small profits, Ghanaians are criminals when doing business. They’ll cheat u by demanding a lot of profits from the products. I would rather buy from foreigners than Ghanaian who wants excessive profits.
Kofi 3 months ago

I agree with you. If Nigerians products are less expensive why wouldn't I buy from them. Ghanaian traders should take cognizant of the cedi appreciation and give us a fair deal or else we are all going to switch camp to the C ...
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I agree with you. If Nigerians products are less expensive why wouldn't I buy from them. Ghanaian traders should take cognizant of the cedi appreciation and give us a fair deal or else we are all going to switch camp to the Chinese and Nigerians
PMK 3 months ago

Ghanaian business owners/traders are terribly greedy. Why will the price of spare parts sold by Nigerian traders cheaper than those sold by Ghanaians when these spare parts are literally imported from the same place? While th ...
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Ghanaian business owners/traders are terribly greedy. Why will the price of spare parts sold by Nigerian traders cheaper than those sold by Ghanaians when these spare parts are literally imported from the same place? While the Nigerians want to do healthy business by making sure that the prices are affordable, the greedy Ghanaian traders want to make 10× profit from one product. Are you aware that some Ghanaian consumers even buy their spare parts from Nigeria because is far cheaper there than in Ghana where these dealers have outrageous prices. We are naturally greedy. When the cedi gained strength against the dollar and there were calls to reduce prices of goods and services, some greedy traders only took away 50 pessewas of some products sold between 100 and 500ghs. How can you sell just a medium size roasted corn at 5ghs? The level of greed in Ghana, I mean the quest by some greedy traders to make profit is nauseating. There's literrally nothing that is priced at 2ghs anymore. The least is now 5ghs. How can we do this to ourselves? Nigeria, despite the volatility of their currency, cost of living is still far better than Ghana.
Perhaps, Ghana needs a price control regime despite that we are a free market economy because even if the cedi to the dollar is 1ghs, I don't think people will reduce prices. It is just pure greed. No wonder we're one of the most expensive countries to live in Africa because of the high cost of living.
kelewele 3 months ago

Ghanaians are dumb. Why do you allow foreigners to dominate your economy?

Ghanaians are dumb. Why do you allow foreigners to dominate your economy?
PMK 3 months ago

Is because we're greedy. Our traders priced their spareparts very high compared to the nigerians

Is because we're greedy. Our traders priced their spareparts very high compared to the nigerians
Sense 3 months ago

You must be sacked from your position since when you realised this? NPP idiot why you don’t raise this issue when your party was in power?

You must be sacked from your position since when you realised this? NPP idiot why you don’t raise this issue when your party was in power?
Sage 3 months ago

You guys were the ones who conniving with foreigners to loot your own people. now if you lie with dogs you get fleas.
Well done ! The truth is until your greed is controlled you will cry more than this.

You guys were the ones who conniving with foreigners to loot your own people. now if you lie with dogs you get fleas.
Well done ! The truth is until your greed is controlled you will cry more than this.
Osborne 3 months ago

We continue to patronize them because you guys are greedy. You price your items as if your kidney fu croon depends on it . Send them away and hike your prices . We will look for them and buy from them .

We continue to patronize them because you guys are greedy. You price your items as if your kidney fu croon depends on it . Send them away and hike your prices . We will look for them and buy from them .
Enyan Bridget 3 months ago

When you charge higher to kill your own country men we will run to our foreign brothers.You are greedy cheats

When you charge higher to kill your own country men we will run to our foreign brothers.You are greedy cheats
Kweku 3 months ago

GUTA members overprice their goods and services.The items they sell are too expensive for Ghanaians to buy

GUTA members overprice their goods and services.The items they sell are too expensive for Ghanaians to buy
Yaw Nkansah 3 months ago

It is a shame to grant this interview. Why not take the matter to court?Some Ghanaians are fronting for the Nigerian traders,and so why blame the Nigerians?Greedy people all over .

It is a shame to grant this interview. Why not take the matter to court?Some Ghanaians are fronting for the Nigerian traders,and so why blame the Nigerians?Greedy people all over .
Benjy 3 months ago

When you put all these traders from different countries together; Chinese, Ghanaian, Nigerian, Lebanese, Indian etc and ask a Ghanaian to buy the same product from them, chances are the Ghanaian will shy away from his own Gha ...
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When you put all these traders from different countries together; Chinese, Ghanaian, Nigerian, Lebanese, Indian etc and ask a Ghanaian to buy the same product from them, chances are the Ghanaian will shy away from his own Ghanaian trader. I have experienced this first hand. Our customer service is poor, our prices are too high, we hardly make the customer feel like a king. The business owner is the king. The earlier they change the better. As a Ghanaian myself, I buy from them knowing I will not get the best deal available.
Ibrahim Troure 3 months ago

Ghana is too small to absorb overpopulated Nigerians. Ghana shouldn't allow Nigerians to invade and create another zoogeria state here. Nigerians have 36 states, why come to overpopulate Ghana ???

Ghana is too small to absorb overpopulated Nigerians. Ghana shouldn't allow Nigerians to invade and create another zoogeria state here. Nigerians have 36 states, why come to overpopulate Ghana ???
Ghanaian traders are wicked and thieves 3 months ago

Our market men and women are wicked and thieves. They are the cause of high rising of goods and services in the country

Our market men and women are wicked and thieves. They are the cause of high rising of goods and services in the country
Sam 3 months ago

Government should create a market zone for these foreign businesses. These GUTA are very greedy, wicked and political.
Weed then out.

Government should create a market zone for these foreign businesses. These GUTA are very greedy, wicked and political.
Weed then out.
Hi 3 months ago

As a Guta president you have allowed 70 percent of foreigners to invade in our local market then I think you need to be sacked.

As a Guta president you have allowed 70 percent of foreigners to invade in our local market then I think you need to be sacked.
Papillon 3 months ago

Leave the foreigners alone aba! Ghanaians are too greedy and selfish to do anything right that is why foreigners excel in trading. Excessive profits within a short period of time is all the Ghanaians dream of.

Leave the foreigners alone aba! Ghanaians are too greedy and selfish to do anything right that is why foreigners excel in trading. Excessive profits within a short period of time is all the Ghanaians dream of.
Not not just 3 months ago

Guta, you have no case. When yr members want to make astronomical profits the Nigerians are ever prepared to make quite minimal/marginal profits. Hiding behind legislations won't help. Educate yr members to reduce their price ...
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Guta, you have no case. When yr members want to make astronomical profits the Nigerians are ever prepared to make quite minimal/marginal profits. Hiding behind legislations won't help. Educate yr members to reduce their prices. Market forces at play simple.
Sudam Abdul, from uk 3 months ago

Please i really support and behind the GUTA PRESIDENT, for the tough measures to look in to inconsideration to protect the citizens rights, GHANAIANS CITIZENS FIRST,

Please i really support and behind the GUTA PRESIDENT, for the tough measures to look in to inconsideration to protect the citizens rights, GHANAIANS CITIZENS FIRST,
Patriot 3 months ago

What it means is that these foreigners are more resourceful, more business savvy and more hardworking than your local folks, so stop complaining and have your members step up their game and improve - complaining solves nothin ...
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What it means is that these foreigners are more resourceful, more business savvy and more hardworking than your local folks, so stop complaining and have your members step up their game and improve - complaining solves nothing.
re: 3 months ago

rubbish? what is hardworking here? maybe business save fine.but hardworking that is.a joke.GUT is quoting the law you are talking about hardworking.

rubbish? what is hardworking here? maybe business save fine.but hardworking that is.a joke.GUT is quoting the law you are talking about hardworking.
Accranie 3 months ago

@Dr Sorry/UnWillingness To Enforce Laws/ By The Appropriate Quarters/It's Downhill From Here/ How You Talk YourSef From Problem You Walk Into/ Is Close To Impossible

@Dr Sorry/UnWillingness To Enforce Laws/ By The Appropriate Quarters/It's Downhill From Here/ How You Talk YourSef From Problem You Walk Into/ Is Close To Impossible
Prosper kpankpah 3 months ago

Is because we sold our goods at a higher price and that same goods sold out by a foreigner at a lower cost of price

Is because we sold our goods at a higher price and that same goods sold out by a foreigner at a lower cost of price
Nana Kwame 3 months ago

Apart from foreigners propaganda
What else do u talk

Apart from foreigners propaganda
What else do u talk
GOV 1 3 months ago

GUTA president should talk to the Ghanaian retailers. A Nigerian will consider his profit margin and price his goods accordingly but a Ghanaian wants to be rich overnight. They always want a 100% profit.

GUTA president should talk to the Ghanaian retailers. A Nigerian will consider his profit margin and price his goods accordingly but a Ghanaian wants to be rich overnight. They always want a 100% profit.
Niibi 3 months ago

SO WHAT SHOULD GHANAIANS BE DOING? NO WONDER...

SO WHAT SHOULD GHANAIANS BE DOING? NO WONDER...
Kofi 3 months ago

Dr Obeng, please tell your people to give us fair deal or else we will continue to buy from the Nigerians and the Chinese. Even if they are moved from Abosey Okai we follow them to where we can find them.

Dr Obeng, please tell your people to give us fair deal or else we will continue to buy from the Nigerians and the Chinese. Even if they are moved from Abosey Okai we follow them to where we can find them.
DONT BLAME FOREIGNERS, BCOS WE DONT HAVE CAPITAL 3 months ago

Ghanaians should not blame foreigners because we are lazy and don't have the cash or capital. Ghanaians usually choose to rather invest their profits into land acquisition and housing projects rather recapitalisation of their ...
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Ghanaians should not blame foreigners because we are lazy and don't have the cash or capital. Ghanaians usually choose to rather invest their profits into land acquisition and housing projects rather recapitalisation of their business with their profits or would prefer to buy an expensive flashy car use than reinvestment of their profits into their business to grow .We always have short plans for business growth than long plan therefore any changes in global trade or government policies usually would a serious adverse on our trading capital. Because we lack adequate amount of capital we hardly take advantages of bulk or mass purchases where cost per unit purchase is far more cheaper than single purchase and also enable enjoyment of some form of credit facilities by business owners who buy in bulk quantities than individual traders..What Ghanaians should do is to form a big amalgamation of companies ie corporatives where they can have a big capital and buy or import from one company in India or China so that they enjoy advantages in economic of scale concepts where cost per purchase unit would be lesser and also enjoy credit facilities so that in so doing they can compete with the foreigners.
Guga 3 months ago

NIGERIANS ARE YOO HUNGRY. DRIVE THEM AWAY

NIGERIANS ARE YOO HUNGRY. DRIVE THEM AWAY

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Foreigners control 70% of Ghana's market – GUTA president

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