grisly stuff. takes "playing hard ball" to a new level... not one I would want to have to go to just to engage in business. I know bad stuff happens everywhere and all, but thank God we can generally avoid going to that level here in the good ole USA :)
I'm not mentioning it to give excuses to TRX. I know it's POSSIBLE to do business in africa, my point is that it is far more challenging that some people realize. and likely to require a lot of greased palms and feet on the ground
yes it's slightly OT, just wanted to throw that out there because it's genuine info that a lot of people don't know. and it's relevant for anyone doing business in africa, even africans, as my friends would be happy to tell. the one guy lost a fortune on a brilliant real estate purchase that was stolen out from under him, with no legal recourse to speak of
a little perspective for those not familiar... i used to work with some african guys and they told me how things tend to operate. these guys were from a wide range of different sub-saharan african regions, but they seemed to be broadly in agreement about this:
if, for example, you buy some land and build a house. during construction you must guard the property day and night, or someone will come along and knock down the construction. quite possibly, this will be whoever sold you the land, in the hopes that you will fail to build and they can then turn around and sell the property again to someone else! also, someone might come along and claim the property as their own, at which point it's very difficult to argue about it. even worse, if you tried to buy land for future development, good luck because anyone might come along and build on the property, and your best case scenario in the long run is that MAYBE the court will force them to buy you another property somewhere else, but they won't be forced to buy one for the same value.
in this atmosphere, anyone trying to do business in africa must be out of their mind imo. one of my friends actually had strong local connections, going all the way up into government, and STILL had land stolen out from under him... how is a foreigner going to have any hope? ridiculous.