Tag: Ghana Business News
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![5 things to know about paperless port system [Infographic]](https://citibusinessnews.com/wp-content/uploads/2017/03/exporters-in-ghana-1.gif)
5 things to know about paperless port system [Infographic]
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…
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Govt hastens to clear $ 2.4bn energy debt
Government should by the end of this month commence the repayment of all debts owed in the energy sector and improve operations in the sector. This will follow the successful issue of the 15 year energy bond to raise 10 billion cedis from its investors. The Finance Minister, Ken Ofori Atta who disclosed this to…
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Ofori Atta defends GH¢10m adb loan approval
Finance Minister, Ken Ofori Atta has rejected claims he breached due process when he approved a loan facility from ADB to McDan Shipping Company Limited. He argues that the ultimate approval or otherwise relied much on ADB’s credit committee. The Minority has accused Ken Ofori Atta for flouting public procurement rules by approving the GHc…
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Customs staff redeployed after outbursts by clearing agents
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…
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Gov’t starts robust revenue drive to reduce debts
Government has reiterated plans to improve its revenue base and reduce the country’s debt levels and overdependence on donor agencies. In this regard, the NPP administration has set out an ambitious plan to mobilize enough domestic revenue to meet key infrastructural needs. This is also viewed against the backdrop of reducing borrowing which has led…
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Pearl Esua-Mensah to head Media General Group
Former Deputy Managing Director of UT Bank, Madam Pearl Esua-Mensah, has been appointed as the Group Chief Executive Officer of the Media General Group. Media General Group owns over 6 media brands including TV3, Onua 95.1 FM, 3FM 92.7, Akoma 87.9FM, Connect 97.1FM, 3news.com and Adesa Productions. Madam Pearl Esua-Mensah whose appointment takes effect from October…
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Rainstorms to delay local flights next month
Local flights to the Tamale airport will be delayed within the next month due to some expected heavy rainstorms. The heavy rainstorm was disclosed by the Ghana Meteorological Agency (GMA). Domestic Airline operators had earlier expressed their displeasure at the poor navigational systems at the various airports even as the harmattan season approaches. They added…
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Fuel prices to remain stable in September
Prices of fuel are likely to remain stable in the first pricing window of September this year. This is according to the Institute of Energy Security (IES). The IES attributes this to the relative stable prices of finished products on the international market as well as the suspension of the recently implemented fuel standards. Principal…
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Justice Yaw Ofori Appointed Commissioner of Insurance
The President has appointed Mr. Justice Yaw Ofori, as the Commissioner of the National Insurance Commission (NIC). He takes over from Lydia Lariba Bawa. Mr. Ofori, until his appointment was the Director of the Ghana Insurance College. He holds an International Executive MBA and a B.A. Honours from the University of Ghana (Political Science Major).…
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Freight forwarders budge to paperless ports
Freight Forwarders are anticipating a smooth implementation of the paperless clearing process at the ports should all systems of the various agencies operate seamlessly. The businesses believe their concerns should be laid to rest if the assurances by the relevant authorities are duly complied with. The comments come on the back of the implementation of…