Business Evidence That Will Save You From Being Swindled in Africa
While relaxing on the sofa watching the late evening news, on the screen was a visibly shaking foreigner who was looking perplexed. I gave the news rapt attention because; I was much interested to know what her ordeal was for her to have such a look.The news had it that an African swindled her to the tune of millions of dollars, Could I say the news was to my dismay? I presume no. It is the umpteen time of hearing such news. However, the victim was lucky enough to have some of the money repaid, by the intervening of the economic crime commission.
Honesty and integrity is no longer the maxim of many. Where these vital ingredients are wanting, in any business deal, rules for exchange of cash and goods must equally change. This is mostly essential in trans-border deals, which often runs into thousands or even millions of dollars.You require tight control to check on the genuineness of your business partner, if doing business in Africa. Structures do exist in developed climes to help protect international trades, but such are lacking in Africa. Therefore doing business in Africa is a matter of being on your own and in the hands of fate.
For this sole reason, the most important business evidence to ask for is the certificate of business registration. It is very important you do this before committing your hard-earned cash or goods into any deal. A scanned or faxed copy clearly showing the issuing government office name, logo, name, address, telephone number, website address and duly signed by the issuing office. Become skeptical if you see a public domain address such as ‘.com’ instead or a instead of a government domain. Check on the e-mail address; Is it a free email address such as yahoo mail or its likes? Flee from such transactions. Furthermore, ensure a lawyer validates the faxed or scanned copy by attaching a cover letter to it, using his or her chamber’s letter heading. In addition, ask for the most recent scanned copy of the lawyer’s practice certificate. Quite some work. It minimizes your risk.
With these vital documents, go to the official website of the issuing office and also the bar association to authenticate these claims. Remember no free or public domain address. Make your case with the contact people on these official websites to help you out and verify the claims you have at hand. Send them the scanned copies with you. Put on patience as a virtue during the verification process.The verification process may look cumbersome, but all the effort is worth your hard-earned money. If you receive, persistent calls from the other partner to seal up the business deal quickly, the chance is that, you have a swindler in your bosom.
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