Two sides to a coin

Letters

THERE are two sides to a coin, so goes the common adage/or saying.
Many people have been complaining through the print media about foreign/fake goods sold in the stores and informal market stalls around the country.
We are looking at one side of the coin, so what is the reverse side of the coin?
I am not an economist but let me list three important factors I see.
Where there is a competition, goods are sold at a price consumers can afford.
The buying power entirely depends on the buyer.
The buyer has the money so he/she has to decide whether to buy the genuine and durable item, or a fake one that may be transitory or does not last long.
There are two groups of buyers.
The ones with a lot of money and the ones with little money.
It is very obvious that buyers with little money will go for the fake or foreign-made and the ones with a lot of money will go for the genuine item, considering their durability.
Let us respect their decisions.
Finally, competition among businesses is a tool that can grow our economy, so let us just respect how our foreign friends operate and enjoy the benefits of competition.

Joseph Koggy
NCD