• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, October 21, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Minority in Parliament demand a review of some sections of the Custom Amendment Law

M.Cby M.C
July 31, 2020
Reading Time: 3 mins read
M.Cby M.C
in General News, Sub Top Stories, Sub Top Stories1
0
Parliament

Minority in Parliament call for a review in Customs Amendment law.

Govern Kwame Agbodza, a ranking member on the roads and transport committee has expressed his dissatisfaction over the Customs Amendment Law, and has demanded its review.

The Minority in Parliament are of the view the new law is counterproductive and will lead to more job losses than the creation of employment.

“This is not a decision the Minority was happy about, just the way we were not happy about the luxury vehicle tax but the government forced it too… the Customs Amendment bill, I think the Act 891 was reviewed into Act 10 (14) and significantly what government sought to do is to promote the production and assembling of vehicles in this country. Fantastic idea, nobody is against it.

Kwame Agbodza

“But sections of this law basically says that, one, there will be Ghana Automotive Authority. In fact as at the time they were making this law, we never even saw any document systematically explaining what that means, there was nothing like that. When we queried them, they said this law will not be effected immediately”.

According to him, the move by government is generating a lot of apprehension in the local leadership of vehicles as they are required to make a 35% payment for importation of cars.

RelatedPosts

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

“The price doesn’t fit foreign direct investment to collapse local businesses.  Germany doesn’t fit foreign direct investments to collapse local industries in Germany. Why is the government of Ghana so fixated on this so-called foreign direct investment?”

“It is not too late, government of Ghana can still sit down with the stakeholders to review those sections of the law only to make it fair, that’s all we’re talking about”.

Also, the law which will take effect in November 2020 was passed by Parliament in March 2020 and prohibits the importation of salvaged vehicles and vehicles older than 10 years.

“They are saying that you cannot bring such vehicles into this country. Nobody is asking that anybody is allowed to bring in wrecked vehicles… we are saying this government must exist on the part of the people in this country and not only foreigners”.

Meanwhile, Mr. Agbodza, said the law, if allowed to take effect in its current form, will lead to the collapse of indigenous businesses in the automotive sector.

“We don’t believe the law as it stands now protects lives. By 10th of November, if this law is allowed to stand, what you will see is a lot of people losing their jobs and the new industry that we want to create will not be safe enough to give them any livelihood.”

“That is why we think that the government must tread cautiously. This law as crafted is not the one that will grow the automotive industry in this country,” he said.

ADVERTISEMENT

However, Communications Minister, Ursula Owusu Ekuful has disagreed with his position, indicating that the motive of creating a vibrant automotive industry in Ghana that will make Ghana an exporter, will bring in maximum returns including jobs.

“I fail to see how they can come and say that this policy is going to collapse the local automotive industry. It is rather going to complement it and create ancillary job opportunities and grow the industry. If COVID-19 hasn’t taught us anything, it has taught us to be self-reliant and look within and see what we can do for ourselves”.

Ursula Owusu Ekuful
Tags: Customs Ameendment lawGhana Automotive Authoritylocal delershipminorityParliamentreview
Please login to join discussion
Previous Post

School attendance and housing lags in poverty reduction – GSS Report

Next Post

PFJ Supports Over 2,600 Farmers In Kwahu West

Subscription Form

Related Posts

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition
General News

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

October 20, 2025
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice
General News

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

October 20, 2025
20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions
Economy

20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

October 20, 2025
The Administrator of the Ghana Medical Trust Fund, Ms. Obuobia Darko Opoku, Leading the delegation
General News

Ghana Medical Trust Fund Kickstarts Phase Two of Hospital Needs Assessment Tour

October 20, 2025
NPP Presidential Primaries; Kennedy Agyapong On A Countdown To A Showdown
General News

Kennedy Agyapong Leading NPP Presidential Primaries Race with 44.11% Support — Poll

October 20, 2025
Galamsey Threat Puts Ghana’s Water Security at Breaking Point
General News

Galamsey Threat Puts Ghana’s Water Security at Breaking Point

October 20, 2025
US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.
USA

US, Australia Ink Rare Earth Mineral Deal

by Comfort AmpomaaOctober 20, 2025
Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 
Vaultz Business

Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

by Silas Kafui AssemOctober 20, 2025
No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition
General News

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

by Emmanuel Tibila BoasahOctober 20, 2025
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice
General News

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

by evansjrOctober 20, 2025
Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares
Vaultz Business

Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares

by M.COctober 20, 2025
20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions
Economy

20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

by Michael Teye-Bio NaduteyOctober 20, 2025
US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.
Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 
No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice
Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares
20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

Recent News

US President, Donald Trump and Australian Prime Minister, Anthony Albanese sign rare earth deal.

US, Australia Ink Rare Earth Mineral Deal

October 20, 2025
Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

October 20, 2025
No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

No Bad Blood Between OSP and AG’s Office – Sammy Darko Confirms Ofori-Atta’s Docket Nears Submission for Extradition

October 20, 2025
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice

AG’s Office Awaits OSP’s Docket to Trigger Ofori-Atta’s Extradition — Deputy Attorney-General

October 20, 2025
Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares

Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares

October 20, 2025
20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

20% Appreciation of the Cedi Will Hurt the Totality of the Economy, Economist Cautions

October 20, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address