The Committee on Commerce, Trade, and Tourism has engaged key stakeholders inside its purview to debate the impression of the appreciation of the cedi on the costs of products and companies within the nation.
The Chairman of the Committee, Alexander Roosevelt Hottordze famous that, the cedi’s relationship with the greenback impacts most indicators for figuring out the costs of products and companies within the nation since a lot of the uncooked supplies utilized by native companies are imported.
“Though now we have oil, the gas offered by the Oil Advertising and marketing Corporations within the downstream are primarily imported, because of this, modifications within the change charges have an effect on these things” he said.
Commenting on points on the port, the Chairman indicated that, the Ghana Institute of Freight Forwarders has accused transport traces and brokers of charging unauthorized charges, together with container administrative charges, processing charges, evacuation charges, container washing charges, and demurrage expenses utilized on weekends and public holidays.
“As a committee, our mandate is to investigate into issues affecting commerce and business in direction of easing the price of doing enterprise in Ghana and making Ghana an funding hub,” he added.
In his presentation to the Committee, the President of the Ghana Union of Merchants Affiliation (GUTA) Mr. Joseph Obeng famous that, costs on sure objects available on the market have been diminished.
He nevertheless pleaded with the federal government by way of the Committee to make sure the soundness within the change price for customers to repeatedly take pleasure in discount in costs.
The Committee additionally interreacted with representatives from the Affiliation of Ghana Industries, Importers & Exporters Affiliation of Ghana, Pharmaceutical Producers Affiliation of Ghana, Ghana Institute of Freight Forwarders and Shipowners and Brokers Affiliation of Ghana.
The Committee is anticipated to fulfill the Ministry of Commerce, Trade, and Tourism earlier than presenting its report on the ground of the Home.
