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Business News of Thursday, 2 August 2018

Source: ghanacrusader.com

We’re disappointed in Akufo-Addo – Importers and Exporters

The business community in Ghana is disappointed with the Akufo-Addo administration for not implementing business-friendly policies, Sampson Asaki Awingobet, Executive Secretary to the Importers and Exporters Association of Ghana, has said.

According to him, although the government, through the Ministry of Finance, abolished some nuisance taxes, the effects of it has been nullified by the introduction of other taxes.

Mr Awingobet told Chief Jerry Forson on Ghana Yensom on Accra 100.5FM Wednesday, 1 August that if the current government does not focus on policies that will help the business community, then the governing New Patriotic Party (NPP) will lose the 2020 elections.

“The NDC administration also failed to assist the business community and they suffered electoral defeat for their actions.

“Unfortunately, the NPP administration is also doing the same things the NDC did, and for now we can only wait till 2020 and vote against the government,” he said.

He added: “Now they have introduced taxes on luxury cars without even consulting stakeholders. This tax is bad and will not inure to the benefit of importers of cars.

“All the so-called policies they introduced for businesses are not working. Go to Abossey Okai and speak to the spare parts dealers and they will tell you how disappointed they are in this government.”