The Ghana Community Network Services Limited (GCNet) has been acknowledged by the Tema Sector of the Customs Division of the Ghana Revenue Authority (GRA) as the Most Dependable Partner in 2016. A citation accompanying the award announced at the 2016 End of Year Award ceremony by the Tema Sector commended GCNet for its invaluable partnership … Read more
With just a day for a change in government, 41 brand new V8 engine Toyota Land Cruiser vehicles have arrived at the Tema Habour scheduled to be cleared by the outgoing Mahama-led National Democratic Congress (NDC) government. The vehicles arrived at the Tema Habour four days ago, raising concerns about who may have imported them … Read more
The Ashanti Regional sector of the Customs Division of the Ghana Revenue Authority has made significant gains, recording excess revenue of GHC329.032 million in 2016. The sector was given an initial target of GHC285.640 million but managed to exceed that by June 30, 206 by generating GHC297.195 million. Government consequently gave the sector an extra … Read more
The Ashanti Regional sector of the Customs Division of the Ghana Revenue Authority has made significant gains, recording excess revenue of GHC329.032 million in 2016. The sector was given an initial target of GHC285.640 million but managed to exceed that by June 30, 206 by generating GHC297.195 million. Government consequently gave the sector an extra … Read more
Two new prison camps are to be established in the Ashanti region in 2017, the Ashanti Regional Commander of Prisons, Mr Lord Nii Boye Tagoe, has announced. He said the two new camps would be located at Ejura and Kokofu and that the plans for the construction would start in the first quarter of the … Read more
The Exporters and Importers Association of Ghana have called on the incoming New Patriotic Party (NPP) government to review the National Single Window (NSW) project and correct some anomalies within the system immediately they assume the reins of power next year. The association claim there are some discrepancies in the invoicing of their products with … Read more
Despite the alarming unemployment rate in the country, companies continue to lay-off workers in large numbers, a reflection of how businesses are struggling to survive in a challenging economic environment. About 460 workers are being retrenched by three difference organisations in the last quarter of 2016. Investigations by The Finder newspaper indicate that, Baker Hughes … Read more
Despite the alarming unemployment rate in the country, companies continue to lay-off workers in large numbers, a reflection of how businesses are struggling to survive in a challenging economic environment. About 460 workers are being retrenched by three difference organisations in the last quarter of 2016. Investigations by The Finder newspaper indicate that, Baker Hughes … Read more
The Bank of Ghana, working with the Ghana Community Network Services Limited (GCNet), is putting measures in place to further strengthen the existing export monitoring platform to ensure the repatriation of all export receipts into the country. The central bank is seeking to incorporate the Letter of Commitment (LOC) number as part of the swift … Read more
The cry of cement manufacturers over the importation of cheap cement products from China and some of the Asian countries has caught the attention of the government. Apart from Dangote, who appears to be selling quality cement on the local market, the rest are cheap imports that are being dumped in the country. Furtherance to … Read more
Importers, exporters and clearing agents at the Tema Port have expressed misgivings about the recent statement by the Ghana Shippers Authority (GSA) that the upcoming election had slowed down business activities at the ports. Responding to claims made by GSA, the importers and exporters warned the Authority headed by Dr. Kofi Mbia to desist from … Read more
Sterling International Ltd won two additional Platinum awards in Auto-Industrial coating division of the recent 26th Export Excellence Award organized by the Ghana Export Promotion Authority for two consecutive years, in 2014 and 2015. This was in recognition of the Company’s impressive performance by brining in foreign earnings of USD 29,503,995.00 (Twenty –Nine Million, Five … Read more
Justice Paul Uuter Dery, one of the High Court judges involved in the judicial scandal, has dragged investigative journalist Anas Aremeyaw Anas to court over illegal operations. The writ dated Monday, October 31, also cited the Attorney General (AG) as the second defendant. Justice Dery was part of 34 judges exposed in a bribery scandal … Read more
Ghana has moved an impressive 13 places up on the Trading Across Borders in the latest World Bank Ease of Doing Business Report, an indication that the Ghana National Single Window (GNSW) programme initiated by the government is already paying off. The Doing Business 2017 report, titled ‘’Equal Opportunity for All’, released last week, showed … Read more
Indicted High Court judge, Justice Paul Dery, has filed a fresh suit at the High Court against anti-corruption campaigner, Anas Aremeyaw Anas and his Tiger Eye PI, and the Attorney General. Justice Paul Dery wants the court to declare the activities of Anas Aremeyaw Anas and his Tiger Eye PI Company illegal because it was … Read more
The Ghana Revenue Authority in partnership with the United States Customs’ and Border Protection have agreed to tighten security services at the borders to help curb the upsurge of fraudulent activities in the system. This was made known recently in Accra during the signing of a Memorandum of Understanding (MoU) with the United States of … Read more
Manufacturers desiring to export products to the Economic Community of West African States (ECOWAS) will have to seek approval for their products under the ECOWAS Trade Liberalisation Scheme (ETLS) to be covered under the Common External Tariff (CET) regime. CET became operational within ECOWAS on January 1, 2015 to deepen the age-old objective of establishing … Read more
The Cement Manufacturers Association of Ghana (CMAG) has expressed dismay at Minister of Trade & Industry, Ekwow Spio-Garbrah, for offering a permit to a Chinese to import 500,000 metric tons of cement into Ghana without the approval of the Cement Monitoring Committee established by government. According to the association, which currently comprises GHACEM Limited, Tcma; … Read more
President John Mahama has been touting the benefits of the Ghana National Single Window (GNSW) initiative, announcing that its introduction has seen a 14.8percent rise in revenue collection by the Ghana Revenue Authority since September 2015 when it was introduced. According to him, the GNSW is a positive development for international trade operations and that … Read more
President John Dramani Mahama has revealed that steps are being taken by the government to re-introduce the operations of Black Star Line; the national shipping line that in the 1970’s was a key player in the transport of Ghana’s commodities to abroad. The re-introduction of the national shipping line, the President said, was to maximize … Read more