Business News of Monday, 26 August 2024

Source: www.ghanaweb.com

Abossey Okai Spare Parts Dealers express support for NDC's fixed rate proposal on imports

File photo of spare parts File photo of spare parts

The Abossey Okai Spare Parts Dealers Association has expressed support for a policy proposal by the National Democratic Congress (NDC) to adopt a fixed rate regime on spare parts imported into the country.

According to the NDC, the policy is part of measures aimed at reducing the cost of doing business if given the nod in the upcoming general elections.

Takyi Addo, the Public Relations Officer of the Abossey Okai Spare Parts Dealers Association, welcomed the policy proposal by the NDC but indicated that its members will continue to review policies outlined in the two manifestos of the NPP and NDC before making their final decision.

"Four months ago, former president [John Dramani] Mahama came to Abossey Okai to meet with the spare parts dealers, and we mentioned fixed rates. That is going to solve at least some of our challenges at the port. It [fixed rate] is a constant value. The 20-foot container, which we paid 5000 for, is fixed. It can remain there for 10 years, 15 years—it is fixed. It doesn't change. So, I think fixed rates are going to solve some of our problems at the port,” Addo mentioned during an interview with Accra-based Citi FM.

"So, we welcome it. It is very good, and we embrace it. So far, we are going through their [the NDC's] manifesto. None of them [political parties] can solve our problem at once, but gradually, we will get there.

"We are going to digest and go through all the two major political parties' manifestos, and we will come out with strong statements,” he pointed.

Meanwhile, the Flagbearer of the NDC, John Dramani Mahama, on August 24, 2024, announced this policy when he presented his party's manifesto ahead of the upcoming election.

According to John Mahama, implementing a flat rate regime on spare parts imports would ensure transparency in the charges imposed on imported vehicle consignments to Ghana.

MA/AE

Watch the latest edition of BizHeadlines below:





Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Click here to follow the GhanaWeb Business WhatsApp channel