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BusinessChamber of Automobile Dealership urges govt to maintain fix dollar rate for...

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Chamber of Automobile Dealership urges govt to maintain fix dollar rate for 6 months

To improve government revenue, the Chamber of Automobile Dealership Ghana (CADEG) is pleading with the government to keep the dollar rate stable for at least six months.

The ongoing evaluation of the dollar exchange rate, according to CADEG, has a detrimental impact on importers’ business operations.

This was communicated by the chamber when its executives met the GRA’s recently appointed Sector Commander at the Tema Port.

Dumenu George, the chamber’s executive secretary, added that a set rate would improve importers’ operations and guarantee consistent revenue for the government in his remarks at the meeting.

He also called for the consolidation of certain processes at the ports adding that “we plead that all these agencies should be a unified, code all boxes into one with a single charge to avoid duplication of functions and the waste of time at the port”.

Maintain fix dollar rate for 6 months – Chamber of Automobile Dealership to government
Interactions by members of Chamber of Automobile Dealership

For his part, the National Vice Chairman of the Chamber, Kusi Ankomah and owner of Erata Motors remarked that the recent operation by security agencies on imported stolen vehicles had affected the sale of vehicles due to the mistrust on the former.

“We are of the view that, these inspectorate agencies are required to verify all these vehicles and their requisite documents and approve same before we are allowed to pay huge import taxes to the state.  It then comes to us as a surprise that these vehicles after going through these checks are now tagged as a “Stolen Vehicles”, he said.

At the maiden engagement with selected major stakeholders in industry which comprises of the Chamber of Automobile Dealership Ghana (CADEG), Ghana Union Traders Association (GUTA), Association of Ghana Industries (AGI), Chamber of Commerce (Burkina Faso), Chamber of Commerce (Mali), Chamber of Commerce (Niger), Trade Advocate Group of Ghana (TAAG) and Cement Distributors Association of Ghana.

http://tigpost.co/increase-in-oil-prices-due-to-a-weak-dollar-and-the-closure-of-colonial-pipeline/

The Sector Commander (Customs Division) Tema Collection, Assistant Commissioner, Christiana Adjei said her outfit is committed to improving efficiency and facilitating trade operations at the port of Tema.

She advised the members of CADEG and other stakeholders to report all complaints to her and gave the assurance that her office will partner all trade associations to facilitate trading at the port.

The CADEG delegation was led by Elliott Boateng, the National Chairman and Nana Adu Bonsu, the CEO of NABUS Motors and President of Chamber of Automobile Dealership Ghana.

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