Tag: Africa Continental Free Trade Area (AfCFTA)
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Stakeholders question impact of high interest rates on local businesses
Industry stakeholders have questioned the ability of Ghanaian businesses to remain competitive in the era of the African Continental Free Trade Area, following the maintenance of the Monetary Policy Rate by the Bank of Ghana for the 4th consecutive time at 14.5 percent. The reduction in the rate, which determines the percentage at which the…
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Address all custom related issues before commencement of AfCFTA – GRA boss
The Commissioner General at the Ghana Revenue Authority (GRA) Revered Ammishaddai Owusu-Amoah, has cautioned the Customs Division of the various countries implementing the Africa Continental Free Trade Area (AfCFTA) to be mindful of the potential origin of fraud that can derail the efforts they have so far made towards the implementation of the trade agreement.…
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Rawlings helped Ghana win bid to host AfCFTA Secretariat – Alan Kyerematen
The Minister of Trade and Industry, Alan Kyerematen has praised the late former President, Jerry John Rawlings for the role he played in helping Ghana win the bid to host the African Continental Free Trade Area (AfCFTA) Secretariat in Accra. Six other African Union member countries including Egypt, Eswatini, Ethiopia, Kenya, Madagascar and Senegal all…
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AfCFTA Secretary-General pushes for 1st meeting of Trade Councils before take-off
The Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has tasked the diplomatic community from Africa Member States based in Accra to ensure their various trade councils assemble in Accra before the end of November to finalize all deliberations needed for the smooth take off of the AfCFTA in January 2021.…
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Alhassan Andani urges businesses to innovate and take advantage of AfCFTA
President of the Ghana Bankers Association, Alhassan Andani says Ghanaian businesses should be innovate in their operations to be able to expand their market base beyond the borders of the country. This, he says, is not only necessary to ensure the sustainability of their businesses, but also to adequately benefit from the Africa Continental Free…
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AGI urges companies to prepare effectively and take advantage of AfCFTA
Small, Medium and Large Scale enterprises in the country have been cautioned against complacency four months away from the expected implementation of the Africa Continental Free Trade Agreement (AfCFTA). The operationalization of the AfCFTA is expected to address the challenges of small fragmented markets in Africa by creating a single market, and also increase the…
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African leaders urged to ensure AfCFTA implementation in 2021 1st quarter
African countries that have ratified the Africa Continental Free Trade Area (AfCFTA), have been challenged to take advantage of the next commencement date for the implementation of the AfCFTA, and ensure its implementation. This follows the postponement of the commencement of the implementation from July this year to the first quarter of 2021, due to…