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Airlines upbeat about boost in business

WhatsApp Image 2017-10-09 at 4.32.33 PM (1)

International airline operators operating in Ghana are upbeat about buoyant sales thereby meeting their targets by the end of the year. According to them, indicators such as the stability of the cedi have shot up their patronage. The airline operators had last year bemoaned the poor performance of their business due to low patronage. General Manager of Turkish Airlines, Ferhat ...

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Interest rates on auto loans rise to 32.9%                                    


The average interest rate for vehicle loans among commercial banks for August increased to 32.9 percent as against the 31.1 percent recorded in July 2017, the Bank of Ghana’s latest Annual Percentage Rates (APR) and Average Interest (AI) report has revealed. The APR and AI report shows that Unibank still offers the highest rate on vehicle loans. Its rate stood at ...

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We need centralized automatic fuel stations to curb explosions – Alex Mould

Alex Mould-GNPC 600x330

A former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC) in the John Mahama administration is advocating the introduction of centralized automatic fuel stations in non-commercial and residential areas. His proposal came hours after Ghana was hit by another Gas explosion at Atomic Junction in Accra. Meanwhile, the Energy Ministry has already started a discussion in this regard. Mr. ...

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Maritime Authority slaps shippers with increased charges


The Ghana Maritime Authority is to go ahead with the planned increment in safety charge at the ports. Citi Business News can confirm shipping lines will pay 50 cents up from the current figure of 15 cents. A notice to shipping lines from the Authority sighted by Citi Business News stated that with effect from 1st October, safety charges at the ...

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GCAA cautions public against 2 ‘unapproved airlines’


The Ghana Civil Aviation Authority (GCAA) has cautioned the public against doing business with Gold Star Airline and Global Ghana Airlines. According to the Authority, the two were found to be misleading the public that they operate flights from Accra to other parts of the world. A statement from the GCAA, signed by its Director-General, Simon Allotey, said, “Goldstar Airline ...

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Uber loses London operating license


Uber has lost its operating licence in London after a shock ruling by the capital’s transport body. The ride hailing app will no longer be able to offer services in their current form within the M25, despite the firm claiming 3.5 million Londoners regularly use its app. Transport for London (TfL) announced its decision on Friday. The authority wrote: “TfL has concluded that Uber ...

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Customs World takes over West Blue Ghana Limited

west blue

Customs World, a subsidiary of Ports Customs and Free Zones Corporation (PCFC) Dubai, has signed an agreement to take over West Blue Ghana Limited. This agreement formalizes the establishment of “Ports & Customs World Ghana Limited.” West Blue has been in charge of the provision of the National Single Window and Risk Management System in Ghana. As part of the ...

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Aviation Authority cracks whip on non-compliant airlines


The Ghana Civil Aviation Authority (GCAA) will from October 2017 severely punish all airlines that fail to protect consumer rights and interests of marginalized groups in their operations. It follows the completion of the Directives on Passenger Rights and Consumer Protection which is now applicable to domestic airlines. The move is also in compliance with the ratification of the Montreal Convention ...

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5 things to know about paperless port system [Infographic]

exporters in ghana

Government on  September 4 2017, commenced the implementation of the paperless clearing at Ghana’s ports. This follows a directive by Vice President, Dr. Mahamudu Bawumia, for the port agencies to migrate to a paperless system by September 2017, after he observed that the current system had too much human interaction and was at the mercy of corruption. Although the implementation was ...

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Customs staff redeployed after outbursts by clearing agents

Isaac Crentsil - Commissioner for Customs Division, GRA

The Customs division of the Ghana Revenue Authority (GRA) has disclosed of plans to redeploy staff to the Tema Port to facilitate the clearing process there. The Customs, on Monday, September 4, 2017 reduced its staff stationed at the Long Room of the Tema Port following the start of the paperless clearing system. This was among others expected to reduce ...

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