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Reduction in spare parts prices will not impact transport fares

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The Abossey-Okai Spare Parts Dealers Association have ruled out any reduction in transport fares due to proposed decrease in the cost of spare parts. The vehicle spare parts dealers have announced that they may reduce the prices of their wares by between 15 and 20 percent, following a reduction in some import duties. Some observers have argued that the proposed ...

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Minority cautions against more tax waivers for MPS

mps

The Minority in parliament is cautioning of a possible distortion to the scope of work on the Tema Port expansion, following calls for a downward review of the tax waivers granted Meridian Ports Services(MPS). The Tema Port Expansion project which is expected to be completed by 2019, has been plagued with controversy with calls for the original deal to be ...

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Govt calls the bluff of freight forwarders on UNIPASS

A Deputy Minister of Trade and Industry, Carlos Ahenkorah

The government has insisted that it will not be liable for any judgment debt with the introduction of the UNIPASS system at the country’s ports. The Ministry of Trade and Industry which signed on behalf of the government maintains that the new system is crucial for the blocking of all revenue leakages at the ports. The UNIPASS is expected to ...

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GRA to bear cost of new cargo tracking from June 1st

GRA

Starting this Friday – June 1, 2018, all exporters to Ghana will be required to comply with the Cargo Tracking Notes (CTN) policy before they can be allowed entry into Ghana and subsequent clearing of consignment of goods. The CTN requires that any exporter to Ghana, uploads details of the consignment onto a provided platform to allow the GRA reconcile ...

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Bayport rewards drivers for promoting road safety

Bayport pic

Bayport Savings and Loans Company has rewarded three drivers who have exhibited discipline on the road in the ‘Bayport Save a Life Campaign’. The project is part of the company’s Corporate Social Responsibility programmes targeted at commercial drivers and car owners in the informal sector who together with the company promote a campaign on safe driving. The three drivers were ...

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Freight Forwarders refute cheaper UNIPASS cost claims

GUTA PORT

Opposition to the proposed introduction of a new company to undertake trade facilitation activities at the ports has intensified with Freight Forwarders being the latest group. The businesses tell Citi Business News, the removal of GCNet and West Blue from the goods clearing process, will cost the nation hugely due to non-expired contracts with them. The government is however yet ...

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Joint inspection at ports starts on June 1

exporters in ghana

Joint inspection of imported goods at the port is set to take effect from June 1, 2018. This means that the Ghana Standards Authority, Ghana Revenue Authority and the Food and Drugs Authority will all inspect goods imported into the country simultaneously. Vice President Dr. Muhamadu Bawumia directed the institutions to among other things begin the joint inspections by September ...

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High cost of training in aviation sector worrying—Expert

Aviation Minister - Cecilia Dapaah

Ghana’s growing aviation industry will soon be taken over by foreigners if government is unable to address the high cost of training in the sector. This is according to private sector players in the aviation industry. According to industry watchers, government should set up a loan facility for individuals who wish to acquire training in the aviation sector. In an ...

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Ghana to regain permission to fly airline to US by year end

Director General, Ghana Civil Aviation Authority - Simon Allotey

Barring any last minute hitches, Ghana will regain its Federal Aviation Administration (FAA) Category one status by the close of 2018. The status will allow Ghana to fly its national carrier directly to the United States after the airline is inaugurated. Ghana lost its prestigious category one status  in 2001 following the revocation of the category one status assigned to ...

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Uber yields to negotiation with drivers over concerns

uber

Uber is set to engage its drivers to address their concerns on declining profits. The company has disclosed to Citi Business News it will engage the drivers to assess their concerns and arrive at a compromise. The response comes days after some disgruntled drivers of the transport service provider, embarked on a demonstration to protest the impact on their businesses. ...

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Citi Business News