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BusinessGeneralHeadlinesTechnology

Suame Magazine spare parts dealers reject AI Import Valuation System, warn of 50-70% price increase

Spare parts traders protest new AI policy, citing rising costs and business losses.

Starrfm.com.gh By Starrfm.com.gh Published April 16, 2026
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Spare parts dealers in Suame Magazine in Kumasi have strongly opposed the introduction of an Artificial Intelligence (AI) powered valuation system at Ghana’s ports, warning of significant price increases if the policy is not reversed.

The dealers, led by the Ashanti Regional branch of the Ghana Spare Parts Dealers Association, expressed their concerns at a press conference marked by chants and visible frustration. They described the system as a threat to their livelihoods and called on the government to abolish it immediately.

Speaking to the media, Suame Magazine Chairman, Adu Godfred, said the policy is steadily undermining their operations. According to him, the AI system, implemented by the Ghana Revenue Authority to determine the value of imported goods, has led to sharp increases in import duties.

He noted that the valuations are often high and unpredictable, leaving many traders struggling to remain profitable. “Some of our members are already running at a loss, and others are on the verge of shutting down,” he said.

READ: Suame Magazine spare parts dealers decry non-reduction of port duties

The protesters displayed placards with messages such as “Stop the AI Hardship,” “We Are Losing Our Businesses,” and “Review the System Now,” insisting that the policy be scrapped.

Mr. Godfred further cautioned that failure to address their concerns would force dealers to raise spare parts prices by between 50 and 70 percent to stay in business.

In addition to their concerns about the AI system, the traders also highlighted challenges stemming from the stalled Suame Interchange project. They said the prolonged construction has left the area heavily affected by dust, which settles on their goods and reduces their appeal to customers, leading to a decline in sales.

The dealers are urging the government to expedite work on the interchange to improve business conditions in the area. They warned that if their grievances are not addressed, they may escalate their actions in the coming weeks.

Source: Starrfm.com.gh/Isaac Justice Bediako

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TAGGED:BusinessGhana Revenue AuthorityImport dutiesIsaac Justice BediakoKumasi News
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