Category: Transport
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Importers abandon business over high taxes
A significant number of importers in Ghana are abandoning their operations over the increasing number of taxes charged at the country’s ports coupled with delays and bureaucracy. The development Citi Business News understands has been going on for months and in some cases a number of years. Importation of goods for wholesale and retail purposes…
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GEPA targets $ 10bn exports by 2021
The Ghana Export and Promotion Authority (GEPA) has begun a nationwide engagement to increase exports revenue by ten billion dollars within the next four years. As a result, the Authority has met with some Municipal and District Chief Executives (MDCEs) in the Upper East Region to prioritize one product or service each, that will be…
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Businesses push for an overhaul of port clearance processes
Importers and business associations are demanding an overhaul of the revenue collection systems at the various ports in the country. They argue that they are over burdened with taxes which impede the efficient revenue collection and general activities at the ports. The business operators have also threatened to boycott business related activities at the ports…
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Importers blame custom officials’ interdiction for port delays
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…
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Amend insurance laws for mandatory towing by insurers
An Insurance Consultant, George Addae has impressed on authorities to amend Ghana’s insurance laws to allow insurance companies undertake the mandatory towing of vehicles. He explains to Citi Business News the new provisions will among others spell out the modalities in carrying out that mandate. “Now to create a levy on the motor insurance car…
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GCNET to pilot paperless regime in August
The Ghana Community Network Services Limited (GCNet) has told Citi Business News it will from next month [August], pilot its systems aimed at achieving a paperless transaction at the ports. The General Manager, of GCNET Alwin Hoegerle, explains that the exercise should help adjust the system for a smooth take off in September 2017. “Probably…
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10 companies honored at 2017 Trade Facilitation Awards
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 emerged…
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AWA denies blame for disabled passenger’s plight
Africa World Airlines (AWA) has told Citi Business News it did not flout any regulations for allegedly disembarking a passenger on a trip to Lagos in April 2017 due to his disability. The airline explains that its decision was largely informed by industry standards and was geared towards protecting the safety of the passenger in…
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Infograph: Ghana’s road infrastructure poor- Report
A new report published by the Ghana Institution of Engineers(GhIE) has scored Ghana’s road infrastructure as poor, lacking the capacity to meet international standards. The report titled “Ghana Infrastructure Report Card 2016” scored the country’s road network, electric power and water infrastructure with a grade of D3, representing poor. – By: Lawrence Segbefia/citibusinessnews.com/Ghana
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Customs sets August deadline to remove ‘unwanted’ check points
The Customs Division of the Ghana Revenue Authority (GRA) has disclosed that it will by the middle of August 2017 remove all check points that have impeded trade activities in the country. The plan is ahead of a September deadline to get all barriers and checkpoints removed to facilitate the movement of goods, persons and…