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BusinessGeneralHeadlines

Allow importers to pay duties in cedis, not dollars – Essuman Motors CEO to Mahama

The CEO of Essuman Motors has called for the de-dollarization of the country's ports to ease pressure on cedi

Kwaku Nti By Kwaku Nti Published April 15, 2026
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The Chief Executive Officer (CEO) of Essuman Motors, Nana Kweku Essuman, has made a passionate appeal to President John Dramani Mahama to reform the current port payment system at the ports.

Speaking on Kasapa FM’s morning show, Ghana Kasa, on Wednesday, April 15, 2026, the prominent auto dealer urged the government to allow import duties to be paid in the the Ghana Cedi, instead of the US Dollar.

​He continued that this is necessary because the current requirement is putting an unbearable strain on the business community.

“President Mahama should allow import duties to be paid in cedis instead of dollars,” he appealed.

Mr. Essuman further highlighted that the current system of conducting business in Ghana, where the dollar remains the benchmark for government revenue at the ports, is forcing importers to scramble for foreign exchange.

Mr Essuman continued that the artificial demand for the dollar weakens the Ghana Cedi and drives up the cost of vehicles and other imported goods for the ordinary Ghanaian.

The auto dealer further said that the automotive sector is particularly hit by fluctuating exchange rates.

He thus echoed for a policy shift, which he argued would be in the best inyerest of the business space in Ghana.

Source: Starrfm.com.gh

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