{"id":57468,"date":"2024-05-11T09:51:44","date_gmt":"2024-05-11T09:51:44","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship"},"modified":"2024-05-11T10:16:32","modified_gmt":"2024-05-11T10:16:32","slug":"ganta-attracts-more-foreign-business-despite-economic-hardship","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship","title":{"rendered":"Ganta Attracts More Foreign Business Despite \u201cEconomic hardship\u201d"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>Amidst complaints of economic hardship facing the entire globe, including Liberia, more foreign business owners are said to be storming Ganta in pursuit of the marketplace.<\/p>\n

Most of the newcomers are Lebanese, Indian, and other nationals from Asian countries, while others are Nigerian, Guinean, and those from North Africa.<\/p>\n

In an interview conducted with some foreign business owners in Ganta, they expressed happiness in extending their businesses to Ganta, but complained that \u2018people are not buying\u2019.<\/p>\n

\u201cI am very happy to extend my business in this city, but people are not buying so it is becoming bad for us,\u201d said one Atlee.<\/p>\n

In recent times, businesses are said to be growing everywhere in Ganta, where on every street corner there is a new business center or establishment, but the complaint of people not buying could heard from every business owner.<\/p>\n

\u201cWe are paying taxes regularly, but we are not getting the required customers, nearly everybody is complaining about hardship,\u201d said a Fulani businessman who specializes in the sale of mobile phones.<\/p>\n

Ganta is ideally situated. The city is bordering with Guinea, and it remains one of the key business hubs, connecting to nearly every city and town within Nimba and beyond.<\/p>\n

Some of the new comers are wholesalers, easing the movement of retailers to Monrovia to get their goods.<\/p>\n

\u201cWe are doing wholesale here and also hoping to bring in more goods, once we get the customers,\u201d the manager of Manigbah and Son Inc, a wholesaler.<\/p>\n

Besides the Manigbah and Son Inc., Jungle Water Group of Investment owned by Businessman Flyold Tomah been the only wholesaler in Ganta.<\/p>\n

There are several other businesses currently floating in Ganta, some involved in car tires, clothing, drinks, and others, but complaints of \u2018no buyers\u2019 remain a concern among the traders.<\/p>\n

The new Ganta City Mayor Samuel Headt had been involved in cleaning the city to give it a facelift\u2013another mean of encouraging more traders to invest in Ganta.<\/p>\n

\u201cWe are talking with our business people to help us and we are also encouraging others to come in, so it is better to make the city clean so as to attract investors,\u201d he said.<\/p>\n

\u201cSince this year, we have not received customers to reach 10 persons in our Guest House,\u201d a guest house owner, who does not want to be named told this reporter in Ganta.<\/p>\n

\u201cWe are hoping to see what this government will do to ease this stalemate in this country,\u201d she said.<\/p>\n

Despite the economic hardship, prices of local commodities continue to rise daily, due to the hike in transportation fares, triggered by an increase in the prices of petroleum products.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. Amidst complaints of economic hardship facing the entire globe, including Liberia, more foreign business owners are said to be storming Ganta in pursuit of the marketplace. Most of the newcomers are Lebanese, Indian, and other nationals from Asian countries, while others are Nigerian, Guinean, and those from North Africa. In an interview […]<\/p>\n","protected":false},"author":84,"featured_media":57467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,237,234],"class_list":["post-57468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nGanta Attracts More Foreign Business Despite \u201cEconomic hardship\u201d - Liberia<\/title>\n<meta name=\"description\" content=\"Amidst complaints of economic hardship facing the entire globe, including Liberia, more foreign business owners are said ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ganta Attracts More Foreign Business Despite \u201cEconomic hardship\u201d\" \/>\n<meta property=\"og:description\" content=\"Amidst complaints of economic hardship facing the entire globe, including Liberia, more foreign business owners are said ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-11T09:51:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-11T10:16:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2024\/05\/sm_1715409926.202568.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Ganta Attracts More Foreign Business Despite \u201cEconomic hardship\u201d\",\"datePublished\":\"2024-05-11T09:51:44+00:00\",\"dateModified\":\"2024-05-11T10:16:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship\"},\"wordCount\":460,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2024\/05\/sm_1715409926.202568.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ganta-attracts-more-foreign-business-despite-economic-hardship\",\"name\":\"Ganta Attracts More Foreign Business Despite \u201cEconomic hardship\u201d - 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