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CHALLENGES OF SPARE PARTS IMPORTERS AND TRADERS AT THE PORT UNEARTHED

CHALLENGES OF SPARE PARTS IMPORTERS AND TRADERS AT THE PORT UNEARTHED

  • Category: General
  • Date 20-10-2023

Spare parts traders and importers play a vital role in every economy’s development. However, their work receives a fair share of challenges particularly when it comes to retrieving goods from the port.

On the Ghana Nie segment of the Fontomfrom morning show on Kantanka TV featured, Clement Boateng, Vice President of Ghana Union of Traders Association (GUTA) and Mark Adarkwah, Agent- MAC ARTHUR LTD(Tema Port) to discuss the challenges of spare parts importers and traders at port.

Clement Boateng noted that, GUTA is made up of sector associations from almost every region in Ghana. He further stated that they are the mouthpiece of the trading communities and also see to the day-to-day trading of spare parts , he also said they work hand in hand with the government. In a nutshell, GUTA seeks the welfare of Ghanaian spare part importers and traders.

"In 2019, duties been paid were too high so we pleaded with the government to cut down the duty rate in order for consumers to be comfortable. The government made us understand that is an organization called ECOWAS COMMON EXTERNAL TARIFF who made sure that duties paid for imported goods by countries under ECOWAS should be the same. Since it was a common act among African countries, the government introduce what is called a BENCHMARK VALUE meaning the government would pay up to 30% of duties on imported goods."

"Instability with our cedi has increasingly made duty paying unbearable. Every week has a different rate to pay. Our activities with government has been curbing this issue. The government do not consider any suggestion from us but if they were to be considered, it would have yielded positive results and make prices stable"

Later in the discussion, Mark Adarkwah explained that expenses paid externally are different from what you will have to pay at the port. He added that the government had no say in the external duties paid by importers.

"At first, other African countries such as Burkina Faso, Mali and Niger imported their goods through the Tema Harbour but the cost of doing business in Ghana is too high" Clement Boateng indicated

They ended the discussion by pleading with the government to do something about the cost of doing business with regards to their industry.

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