Two Economies of Togo Lome, Togo West Africa Saturday, June 16, 2007
Togo is may be one of them countries where 1 percent of the people have 99 percent of the money. I ask myself, - Do I support the rich getting richer, or the poor getting poorer? - I make the vote with my dollars.
950 CFA or 2 US Dollars to purchase, and is good shampoo.
99 percent of the people buy cheap shampoo, 1 percent buy expensive, this is a bottle of cheap Egg Shampoo here in Togo.
This in my opinion is part of the Togolese economy.
Pantene, I went to the large supermarket called Leader Price, on the shelf is a medium size bottle of Pantene Shampoo for 5900 CFA. This is about 12 US dollars per bottle, I normally pay around 3-4 US Dollars outside the USA, and I do not know the present USA price, as I have not lived there for 10 years.
Togo Price 2 Dollars Pantene Price 12 Dollars
When the average person earns between 500-1500 CFA here in Togo, to purchase the Togo priced shampoo is one days work.
This sounds a lot worst than reality, the Togo people have a very comfortable life. However, if they want to venture out into the world, if they wish to one time try the Pantene shampoo, how do they do it.
Fortunately and unfortunately the Togo peoples hair does not grow long, the average length of hair is between nothing and three inches. The hair I believe falls out after it gets longer, somewhat like the hair on your arms, there is a limit the growth. The business of adding on braids, tresses is a thriving business in Togo.
I try to buy Togolese priced products, and try to help the poor get richer side of life. Note that it is easier to find in a Togolese owned store.
Togo Economics, West Africa Economic, Togo Budget, Togo, Shampoo