
Audio By Carbonatix
Leading Member of the Convention People’s Party (CPP), Kwame Jantuah, has raised concerns about the ongoing clashes between Ghanaian retailers and their foreign counterparts, warning against xenophobic tendencies.
Speaking on Joy Prime’s Prime Morning show, he argued that the situation has worsened because state authorities have failed to properly enforce existing laws regulating the retail trade.
“Enforcement of the law has failed, and the moment the enforcement of the law fails, people take the law into their own hands. Ghanaians are not known xenophobes, but they have been pushed to the wall,” he said.
He explained that the tension is driven largely by Ghana’s economic conditions, particularly the high cost of production that makes local goods more expensive compared to foreign imports.
Mr. Jantuah added that consumer preference also worsens the situation, as many Ghanaians opt for cheaper imported goods instead of supporting locally produced items.
“When Ghanaians go to the market, they would go for the cheaper ones rather than the Ghanaian-made goods. So we’ve got to look at the factors of production,” he explained.
He further criticized the short-term profit mentality among some Ghanaian traders, insisting that sustainable business growth requires patience.
The CPP stalwart encouraged collaboration with foreign traders, particularly Nigerians, to balance competition and strengthen economic ties.
“When you bring in a master engine, how much can you get it for? How can we work this together so that we can align prices? Simple,” he suggested.
Latest Stories
-
EU, Germany inject €415,000 into Ghana’s pharmaceutical manufacturing drive
1 hour -
OFFICIAL: FIFA confirms Ghana’s qualification ahead of Croatia clash
1 hour -
Spain hand Uruguay knockout blow
1 hour -
Cabo Verde hold Saudi Arabia to book historic Argentina tie
2 hours -
Players happy, content with Queiroz plan but focused only on qualification – Semenyo
2 hours -
Croatia vs Ghana: Semenyo insists team is focused on finishing off right
2 hours -
Croatia vs Ghana: Carlos Queiroz vows Black Stars will come out stronger
3 hours -
Nduom backs indigenous ownership if Standard Chartered sells retail banking business
3 hours -
Two dead, seven injured in head-on collision on Elubo-Takoradi section of N1 highway
3 hours -
Confident Ghana ready for Croatia as Semenyo pays tribute to Modrić
3 hours -
Bolga Technical University: Council terminates Vice-Chancellor Prof Samuel Erasmus Alnaa’s appointment and demotes two key officers
4 hours -
Government opts for modest allowance adjustments over salary overhaul
4 hours -
Larry Dogbe must file appeal within 10 days or return to custody — PRINPAG
4 hours -
Hit South African show gets the world talking about polygamy and cheating
5 hours -
This Saturday on Prime Insight: Kennedy Agyapong controversy and utility tariff hikes
6 hours