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Maintain dollar rate to boost revenue – CADEG to Govt

The Chamber of Automobile Dealership Ghana (CADEG) has appealed to the government to maintain a fixed dollar rate for at least six months to increase government revenue.

Philip Antoh by Philip Antoh
February 16, 2023
in Business, General, Lead story, Local News, News, Review
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The Chamber of Automobile Dealership Ghana (CADEG) has appealed to the government to maintain a fixed dollar rate for at least six months to increase government revenue.

According to CADEG, the constant review of the dollar rate is negatively affecting the operations of importers.

The chamber made this known when its executives met the newly appointed Sector Commander of the GRA at the Tema Port.

Speaking at the meeting, the Executive Secretary of the chamber, Mr. Dumenu George further stated that a fixed rate will enhance the operations of importers and as well ensure regular revenue for the government.

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.”

For his part, the National Vice Chairman of the Chamber Mr. 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 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 the chamber 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 Mr. Elliott Boateng the National Chairman and Nana Adu Bonsu CEO NABUS Motors and President of Chamber of Automobile Dealership Ghana (CADEG)

 

Tags: Automobile Dealership GhanaCADEGErata MotorsGhana Union Traders Association




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