Spare parts dealers

31 Jan

Over 4,000 Spare Part Dealers Were Willing To Relocate To Afienya – Henry Quartey

wontumionlineNewsHenry Quartey, Spare parts dealers

Henry Quartey, the Greater Accra Regional Minister, has disclosed that, contrary to spare part dealers at Abossey Okai opposing the proposal to move them to Afienya, over 4,000 of the dealers appended their signatures agreeing to be moved to the proposed location. As part of its decongestion exercise of major places in Accra, the government proposed the creation of an automobile hub at Afienya where the dealers were to be relocated. However, a group calling itself the National Concerned Spare Parts Dealers in May 2022 threatened to demonstrate against the move. In an interview on Face to Face on Citi…

15 Dec

Over 50 Shops In Abossey Okai Closed Due To Default In Loan Repayment

wontumionlineNewsAbossey Okai, Abossey Okai Spare Parts Dealers Association, Spare parts dealers

Over 50 shops at the Abossey Okai Spare parts market have shut down their operations due to default in paying their loans. Some of the owners of the shops blamed the situation on the high cost of doing business in the country, as a result of high inflation and volatilities in the exchange rate regime earlier this year. They also cited high taxes at the port as contributing to the default in repaying their loans. “A lot of traders go for loans to import goods to the market. Due to the high cost of port duties and the unstable exchange…