Monday, 26 February

Flat rate on spare parts imports – Suame Magazine Spare Parts Dealers lauds Bawumia

Business
Dr Mahamadu Bawumia

The Suame Magazine Spare Parts Dealers Association in the Ashanti Region has expressed its commendation for the proposal presented by Dr Mahamudu Bawumia, Vice President and current flagbearer of the New Patriotic Party (NPP), during a media forum on Wednesday, 7th February 2024.

The Suame Magazine  Spare Parts Dealers Association expresses its gratitude for Dr. Mahamadu Bawumia's groundbreaking proposal for a Flat Rate Duty on Spare Parts Imports. 

The statement said the visionary initiative, presented by the New Patriotic Party's presidential aspirant, is seen as instrumental in safeguarding the interests of spare parts dealerships nationwide.

''As a non-partisan organization dedicated to advancing the spare parts dealership industry, we wholeheartedly embrace and endorse Dr. Bawumia's proposal.

The statement noted that the envisaged flat rate duty holds the promise of a substantial reduction in the cost of spare parts, offering much-needed relief to commercial drivers who regularly factor these expenses into transport fares.

This reduction will, in turn, alleviate additional burdens on the commuting public, contributing to a more sustainable and affordable transportation system. 

The Association pledged its commitment to working closely with relevant stakeholders to ensure the seamless implementation of this beneficial duty structure.

''We call upon all members of the Suame Magazine Spare Parts Dealers Association to unite in support of the introduction of the Flat Rate Duty on Spare Parts Imports.

Through collective support for this initiative, we can actively contribute to the growth and prosperity of the spare parts dealership industry, fostering positive developments in the broader economic landscape.

The Association further expresses gratitude to Dr. Mahamadu Bawumia for his foresight and dedication to the welfare of the spare parts sector, eagerly anticipating the positive impact of this policy on our industry and the nation as a whole.

Source: Classfmonline.com/Cecil Mensah