The Ghana Revenue Authority (GRA) has served notice it will confiscate the properties of Ibrahim Mahama – a brother of former President John Mahama – in two weeks if he fails to settle a GHC10,409, 492.86 million debt. Mr. Mahama has been given a two-week ultimatum to defray the debt or risk having his goods … Read more
The Ghana Revenue Authority (GRA) has served notice it will confiscate the properties of Ibrahim Mahama – a brother of former President John Mahama – in two weeks if he fails to settle a Gh¢ 10,409, 492.86 million debt. Mr. Mahama has been given a two-week ultimatum to defray the debt or risk having his … Read more
The Economic and Organised Crime Office (EOCO) has dragged the Customs Division of the Ghana Revenue Authority (GRA) to its offices to assist with an investigation into the suspected import duties evasion involving businessman Ibrahim Mahama. Ibrahim Mahama, who is the brother of former President John Mahama, is at the centre of a headline-grabbing import … Read more
The power of witch-hunting allegation as a tool of stalling investigations in polarized political systems such as ours in which state institutions are begging for reforms is beyond imagination. It is the most preferred means of attracting negative attention to investigations into suspected instances of major financial malfeasances against the state by mischievous political players. … Read more
Firebrand Ghanaian lawyer, Maurice Ampaw has described Ibrahim Mahama the younger brother of John Dramani Mahama as a fraudster. The lawyer revealed that asserted Mahama Ibrahim needs to be jailed. He said this after it was made known that Ibrahim Mahama had issued some dud cheques to the states and was being investigated by EOCO. … Read more
The Economic and Organised Crime Office (EOCO) yesterday seized the passport of businessman Ibrahim Mahama when he made his second appearance before officials of the anti-graft agency. With the travel document now in the custody of the EOCO, he has been subtly told that he cannot travel outside the country until the case he is … Read more
A Deputy Minister of Trade and Industry, Mr. Carlos Ahenkorah has observed that Ghana as a country and signatory to the WTO Trade Facilitation Agreement is too tiny to accommodate two Single Window operators in the country. He has therefore challenged the pioneer and only single window operator, Ghana Community Network Services Limited (GCNet) to … Read more
A Deputy Minister of Trade and Industry, Mr. Carlos Ahenkorah, says Ghana, a signatory to the WTO Trade Facilitation Agreement is too small a country to have two Single Window operators. He has, therefore, challenged the pioneer and only single window operator, Ghana Community Network Services Limited (GCNet) to speedily re-double its efforts in actualising … Read more
Ibrahim Mahama, the businessman brother of former President John Dramani Mahama, yesterday took his turn at the Economic and Organised Crime Office (EOCO) in Accra, as the anti-graft investigation agency probes him over an alleged economic crime. His appearance at EOCO, a now dreaded state agency, has long been expected and so when he eventually … Read more
A Deputy Minister of Trade and Industry, Mr. Carlos Ahenkorah, says Ghana is too tiny to accommodate two single window operators in the country’s ports. The Ghana Single Window is a secure trade platform that facilitates the exchange of information between the Government of Ghana and the logistics communit. He has meanwhile asked the pioneer … Read more
The new Commissioner-General of Ghana Revenue Authority (GRA), Mr Kofi Nti, has expressed confidence in having a paperless system under the Ghana National Single Window (GNSW) project that will help enhance trade facilitation in the country. He made this known after touring the Customs Technical Bureau office located at the Ministries in Accra last Thursday. … Read more
A customs officer on special duty operations in the Ashanti Region to check importers who have defaulted in the payment of import duties is alleged to have been engaged in extorting money from importers. The officer, Mr Anthony Osei, also known as Tony, a driver with the customs division of the Ghana Revenue Authority (GRA), … Read more
The Ghana Investment Promotion Centre (GIPC) officials have met with the Finance Minister, Ken Ofori-Atta, to seek a review of the tax retention policy captured in the 2017 budget and economic policy statement of government. The policy, requires all companies, including importers, who qualify for tax and duty exemptions to pay their taxes upfront to … Read more
Customs officers in the Ashanti Region are battling snakes and other dangerous reptiles due to the poor state of their checkpoints. Officers of the Kumasi Unit of the Customs Division of the Ghana Revenue Authority which exceeded its collection target last year are also battling an absence of electricity. The Kubease checkpoint on the Accra-Kumasi … Read more
The Chief Executive Officer of the Ghana Investments Promotion Centre, Yofi Grant, has assured investors and the business community of government scrapping its new tax retention policy which request “provisional payments of all imports and taxes” soon. According to Mr. Grant, the new policy which requires qualified applicant for exemption to pay taxes upfront to … Read more
West Blue Consulting has received the Technology/Innovations Award at the maiden Ghana Maritime and Shipping Awards held over the weekend at the La Beach Hotel in Accra. The world class IT-consulting & technology firm was awarded for providing technical support in trade facilitation in Ghana. This award adds to the many awards that West Blue … Read more
An estimated $2.3billion worth of gold left the shores of Ghana through illicit small-scale mining (galamsey) in 2016, Minister of Lands and Natural Resources, John Peter Amewu has revealed. “As I speak today, in the year 2016, $2.3billion worth of gold left this country through illicit mining,” Mr Amewu told journalists on Monday, 27 March. … Read more
There are indications that the Interoperability for mobile money contract awarded Sibton Switch Systems by the Bank of Ghana is being tempered with and a total cancellation being considered. And should that happen, it will be a clear case of the Bankswitch issue which landed the state in a huge judgement debt in 2007. Insider … Read more
A day’s forum to deepen understanding of the United Nations Convention on contract for the international carriage of goods by sea, commonly referred to as “Rotterdam Rules” has been held in Kumasi. The convention is meant to create more convenient environment for exporters of good and services by clearly defining the rights and obligations of … Read more
GHANA Community Network Services Limited (GCNet), a major player in all trade facilitation activities at Ghana’s Ports using Information Technology (IT), says effective Post Clearance Audit is critical to blocking revenue leakages. This, the company said, holds the key to government’s ability to achieve its ambitious revenue target this year. Despite missing its revenue target … Read more