Some importers and freight forwarders have denied claims of engaging in malpractices at the ports leading to the gradual collapse of local manufacturing industries. The allegations were made by the Association of Ghana Industries (AGI). AGI President Dr. Yaw Adu Gyamfi raised concerns that major policies may collapse should the malpractices at the ports go … Read more
Freight forwarders who were initially protesting against the paperless clearing system have now turned around to laud the policy. The National Paperless Port Operations as it is officially called, was introduced few months ago by the Vice President Dr. Mahamudu Bawumia to facilitate clearing of goods at Ghana ports through the use of a single … Read more
The pilot phase of the Ghana Ports Paperless policy was kick-started at the Takoradi and Tema ports on Tuesday, 1st August, and Monday, 7th August respectively. Ports Clearing agents comprising the Ghana Institute of Freight Forwarders (GIFF), the Chamber of Freight and Trade and Concerned Freight Forwarders Association are protesting against the newly introduced single … Read more
GCNET paperless transactions is a single-window platform designed for processing trade transactions and customs clearances. In order to facilitate international trade, the Akufo-Addo government has given out various new directives to the various agencies, ministries and stakeholders in the trade facilitation space. Among these directives is the instruction to make all transactions in the trade … Read more
At least one hundred staff of the Custom Division of the Ghana Revenue Authority (GRA) at the Tema Port have been interdicted for their alleged involvement in revenue losses. Information available to Citi Business News indicates that the development has spanned between May and July 18, 2017. In addition, the customs division has also embarked on 70 … Read more
Government’s directive to port operators to achieve total paperless processing of operational clearance procedures at the ports from September 1 is close to being realised as the main technical partner to the Ghana Revenue Authority, the Ghana Community Network Services Limited (GCNet) has declared its readiness to implement the initiative. His Excellency, the Vice President, … Read more
Ten companies have been awarded for their role in trade facilitation for the year under review. They were rewarded at the 2nd edition of the National Trade Facilitation Awards held at the Labadi Beach Hotel over the weekend. The Food and Drugs Authority (FDA) was awarded as best Ministry Department and Agency. Also, Buvensa Company Limited … Read more
The Ghana Community Network Services Limited (GCNet) demonstrated its pioneering leadership position in the trade facilitation space when it won the two top most awards at the maiden Ghana Shippers Awards (GSA) held in Accra recently. GCNet was adjudged the Trade Facilitation Company of the Year while its Executive Chairman, Dr. Nortey Omaboe took the … Read more
The Ghana Community Network Services Limited (GCNet) was adjudged Trade Facilitation Company of the Year while its Executive Chairman, Dr. Nortey Omaboe picked CEO of the Year at the maiden Ghana Shippers Awards (GSA). This caps 15 years of excellence in the deployment of e-applications for the efficient and paperless processing of trade and customs … Read more
Emirates SkyCargo, the freight division of Emirates, has received yet another industry accolade for global excellence in transporting temperature sensitive pharmaceutical products. The air cargo carrier was the recipient of the DHL Carrier Award for Reliability and Excellence (DHL CARE) presented at the 17th Global Life Sciences & Healthcare Conference organised by DHL in Singapore. … Read more
The stakes are high to improve trade among countries across the world and governments encouraged by the Trade Facilitation Agreement (TFA) initiatives have introduced reforms to eliminate bureaucratic procedures in the trade supply chain. Ghana, in its quest to become the preferred trade hub within the West African sub-region, is leaving no stone unturned to … Read more
The Chief Executive Officer of West Blue Consulting Mrs. Valentina Mintah has insisted that the company’s mandate with the Ministry of Finance does not conflict with the activities of GCNet which has also signed a contract with the Trade Ministry. The president of the Ghana Institute of Freight Forwarders (GIFF) Kwabena Ofosu-Appiah early this week … Read more
Members of the shipping community and freight forwarders were on Thursday given orientation on the the Rotterdam Rules which seeks to promote equal opportunities for ship and cargo owners in the maritime sector. The Rotterdam Rules have been described as a hybrid of the three existing conventions: Hague, Hague-Visby and the Hamburg Rules which aims … Read more
Freight Forwarding and logistics management services limited, Freight Consult, has joined sponsors for this year’s Citi Fm’s Music of Ghanaian Origin (MOGO) Dinner Dance. According to Freight Consult, its decision to come on board highly stems from its ‘passion for anything Ghanaian that helps to keep the talents and gifts in the country alive.’ It … Read more
Importers and freight forwarders are anticipating at least 200 dollars cut in cost of clearing goods following the scrapping of the one percent special import levy. They say though the figure is marginal, its timely considering the ultimate impact in reducing the burden on businesses. Finance Minister, Ken Ofori Atta, in the 2017 budget statement … Read more
Importers and freight forwarders are anticipating at least 200 dollars cut in cost of clearing goods following the scrapping of the one percent special import levy. They say though the figure is marginal, its timely considering the ultimate impact in reducing the burden on businesses. Finance Minister, Ken Ofori Atta, in the 2017 budget statement … Read more
Importers in Ghana have welcomed the abolishment of the 1% special import levy charged at the ports. The Finance Minister, Ken Ofori-Atta announced this among other tax cuts in the budget presentation before parliament earlier today in parliament. The special levy which was introduced last year by the previous government has received huge backlash from … Read more
Various businesses operating at the country’s ports have welcomed the appointment of the Acting Director of the Ghana Ports and Harbors Authority (GPHA), Paul Asare Ansah. One of such is the group of key business associations who were opposing the Terminal Handling Charges (THC). They argue that Mr. Ansah is well equipped, experienced and remains … Read more
Businesses in the import and export trade are demanding a reduction in the new EXIM levy on imports. They argue that the development will increase the cost of operation and overburden final consumers. “Absolutely the charge is very high; they could have still maintained the 0.5 percent usually been paid by importers…We’ve seen the goodwill … Read more
President of the Ghana Institute of Freight Forwarders (GIFF), Kwabena Ofosu-Appiah, has lauded the establishment of the Railway Development Ministry, as it will save cost to shippers, improve transit trade and position the critical sea trade sector for good times ahead. “For us as freight forwarders, we have been starved of this mode of transport … Read more