Chief Executive Officer of WestPort, Wise Horgli, has taken to social media to express strong concern over what he describes as excessively high service charges by automobile and equipment dealer, CFAO, despite recent declines in the dollar rate.
In a post that has since sparked debate online, the business executive questioned why CFAO had not revised its service prices downward in line with current foreign exchange trends.
Horgli wrote:
“CFAO??? Revise ur service price pls the dollar is been down since. L200 service for 3900 is too high!!!”
His comment highlights what many consumers say has become a persistent trend—businesses maintaining high charges even when the dollar, a major determinant of import-based pricing, drops significantly.
Industry watchers say vehicle service costs have remained a major burden for car owners, particularly for brands whose maintenance parts are mostly imported.
While CFAO is yet to publicly respond to the concerns raised by the WestPort CEO, the post has triggered widespread reactions, with many users agreeing that several multinational companies have been slow to adjust prices despite favourable exchange rate movements.
Wise Horgli,the business tycoon known both for his corporate leadership and outspoken views on consumer fairness, has in recent months gained public attention for highlighting issues that affect the ordinary Ghanaian, especially in sectors heavily influenced by forex fluctuations.
His latest call adds pressure on major service providers to reconsider their pricing structure as the cedi continues to strengthen against the dollar.
