In Kumasi Suame Magazine workers cry over high import duties

Workers in Kumasi Magazine have expressed worry over the huge duties imposed on their imports

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

Spare Parts Dealers Association at Suame Magazine in the Ashanti Region is complaining bitterly of how high import duties is collapsing their business.

Chairman of the association, Patrick Oppong in an interview with Abusua FM’s Nana Ama Annor stated, the spare parts business in the country is no longer lucrative as it used to be.

According to Oppong, high import duties and the sharp depreciation of the local currency is a major factor affecting spare parts business in the country.

READ ALSO: Scrapping of import duties on spare parts to begin in June - Dealers

The chairman observed, “the falling cedi and high duties is making the prices of spare parts go higher than we expected.”

“This has seriously affected our business and our customers in Burkina Faso, Ivory Coast, Mali and other neighboring countries have stopped doing business with us due to the high cost of purchasing these parts.”

Patrick Oppong is therefore appealing to President Akufo Addo to fulfill his promise of scrapping import duties on spare parts.

He said business in Suame magazine is gradually collapsing due to high import duties on spare parts.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email:

Recommended Articles

Recommended Videos

Top Articles

1 Bank of Ghana Here are the banks with the best deposit rates in Ghanabullet
2 Cash-For-Seat I’ll be shocked if Fakhri paid  – Akufo-Addobullet
3 Petroleum Products OMCs confirm increase in fuel pricesbullet
4 Cash For Seats Expatriates fail to appear before ad hoc committee,...bullet
5 Salaries In 2018 Here are the dates public workers will be paid...bullet
6 Cash For Seat Allegations against Trade Ministry ‘flimsy’ and...bullet
7 Menzgold Ghana Don't deposit money with Menzgold – BoG...bullet
8 Gov't Promises 1 District, 1 Factory has the potential to...bullet
9 Scam Alert ECG is not recruitingbullet
10 Taxes In Ghana 3% VAT flat rate takes off in July 1bullet

Top Videos

1 Support Finance minister buys Kantanka carbullet
2 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
3 Tech 6 reasons you should buy an iPhone SE instead of any of the...bullet
4 Plane Crash Starbow suspends operations following plane crashbullet
5 Entrepreneurship How to be resourceful as an entrepreneurbullet
6 Vodafone adbullet
7 Entrepreneurship How To Get Ready To Get Started | StartUpSchoolbullet
8 Video African leaders must understand the role of...bullet