No Result
View All Result
Wednesday, May 25, 2022
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

  • TECHNOLOGY

    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

  • TECHNOLOGY

    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

Shipping lines defy Mahama’s directive to halt THC

bycitibusinessnews
October 3, 2016
in Government, Top Stories, Transport
President John Mahama

President John Mahama

Share on FacebookShare on TwitterShare on Whatsapp

Despite a directive given by President John Mahama to shipping lines to halt the Terminal Handling Charges (THC), Citi Business News has gathered that the fee is still being charged at the Tema port.

Speaking at a ceremony to mark one year of the implementation of the Single Window Project last Friday, President Mahama warned shipping lines to stop charging the THC since it had no legal basis.

His warning came after the shipping lines disregarded an earlier directive from the Minister of Transport asking shipping lines to cease the charges.

ADVERTISEMENT

Speaking to Citi Business News, the Executive Secretary of the Importers and Exporters Association of Ghana, Samson Asaki Awingobit alleged that the shipping lines have defied the president’s directive.

“I can confidently, authoritatively tell you that as at Saturday some shipping lines were still collecting Terminal Handling Charges. As they have grossly disrespected the Minister of Transport’s directive, they have done the same thing to the president’s directive,” he lamented.

Recounting several complains received over the weekend due to the THC, Mr. Awingobit stated that some shipping lines blatantly disregarded the directive, maintaining that they have not yet received the instruction.

“That is a canker,  having said that let me be emphatic I have had a complain that MSC Shipping line on Saturday was charging THC when importers protested that the  president spoke on Friday that no one should pay THC,” he said.

 Business Association to monitor

Meanwhile, the Spokesperson for the Business Association, Adobea Asiama-Aboagye also told Citi Business News it has communicated the directive to its members to resist the THC.

According to her, shipping lines have no option but to abide by the directive since it has no legal standing.

“Even as at Friday evening 6:00 pm, it looks as if shipping lines did not really even know that the president has made a pronouncement on it. So we still take that as pre-presidential intervention,” she said.

She however stated that the association will help enforce the directive.

“But from today we are motoring to see, we have told our shippers that they shouldn’t pay not even under protest, they shouldn’t pay. I think the president’s word is good enough for us to work with,” she said

Business Associations protest THC

Eleven key business organizations  in the country— AGI, Ghana National Chamber of Commerce, Ghana Union of Traders Association, Private Enterprise Federation, Ghana Chamber of Mines, Federation of Association of Ghanaian Exporters, Ghana Root Crops and Tubers Exporters Union, Greater Accra Regional Shipper Committee, Ghana Institute of Freight Forwarders, Food and Beverage Association of Ghana, Importers and Exporters Association of Ghana and Custom Brokers Association of Ghana have called for sanctions against all shipping lines that flouts  the directive.

Earlier five shipping lines—  MSC Ghana, PIL Ghana, CMA CGM Ghana, Maersk Ghana and Intermodal Shipping Agency Ghana were reported to be still charging the fees and flouting the Minister’s directives.

Shipping lines deny accusation

Meanwhile the Ship Owners and Agents Associations of Ghana have rejected assertions that they are flouting a directive not to charge Terminal Handling Charges.

According to the Vice President of the association, Adam Imoro Ayarna, its members are law abiding and will not act contrary to the laws of Ghana.

Speaking on Citi FM’s  consumer show “Business Today” Vice Mr. Ayana called on the business associations to be calm as their doors were open for discussion around the issue.

–

By: Lawrence Segbefia/citibusinessnews.com/Ghana

Related Posts

News

Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

byNerteley Nettey

Foreign illicit financial transactions and tax evasion by multinational companies are draining Africa’s domestic resources and depriving it of crucial...

Read more

Gold exports push Ghana’s trade surplus to $1.3 billion in April

Gov’t expenditure needs to be checked to help deal with inflation – ICAG

Take control of financing on the continent – Ofori-Atta to AfDB

We’ll avert any looming food crisis with effective planning – AfDB Boss

Value of MoMo transactions decrease by 3% between March and April 2022

Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

Next Post
Cocoa farmers in Ghana

COCOBOD hits critics over new cocoa price

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.