Tag: Ministry of Trade and Industry
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National AfCFTA Policy Framework and Action Plan launched to boost trade
President Akufo-Addo has urged the Ministry for Trade and Industry to ensure the hastened implementation of programs under the African Continental Free Trade Area (AfCFTA) agreement to allow for businesses to export significantly across the continent. This follows the launch of the National AfCFTA Policy Framework and Action Plan for boosting Ghana’s trade with Africa…
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Nigerian traders present documents to Ghana’s presidential taskforce on trade
Nigerian traders engaged in Ghana’s retail space who have presented legal documents for the registration of their businesses will be able to conduct their operations peacefully. This follows the presentation of documents of such traders by the leadership of the Nigerian Union of Traders Association (NUTAG) to the new presidential taskforce set up by the…
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Stop closing Nigerian shops as we work to resolve impasse – Trade Ministry to GUTA
The Ministry of Trade and Industry has cautioned the Ghana Union of Traders Associations to refrain from locking up any more shops belonging to Nigerians who are operating in Ghana’s retail space. This follows the setting up of a joint taskforce composed of the Ghana Union of Traders Associations (GUTA) and the Nigeria Union of…
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Ghana to present ‘limitless opportunities’ at Dubai 2020 Expo
As part of efforts to boost the inflow of foreign direct investment into the local economy, Ghana will be participating in the Dubai 2020 Expo under the theme “limitless opportunities”. The expo will see many countries of the world exhibiting their trade and economic potentials to the global market within six months starting from October…
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GCS Fibers LLC to establish 12 factories in Ghana
Ghana’s manufacturing sector is set to experience a massive boost following plans by US-based fibre manufacturing firm, GCS Fibers LLC (GCS) to establish its plant in the country. GCS produces mineral fibre with ash coal as a raw material. The Plant when established will supply factories in Ghana with various paper and household raw materials.…
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Ministry of Trade justifies agreement that gives EU 80% access to Ghanaian market
The Ministry of Trade and Industry says it will not allow Ghana to become a dumping ground for goods from the UK following the Ghana-UK: Tariff liberalization interim trade agreement which began on Wednesday, September 1, 2021. The tariff liberalization exercise will see Ghana reduce some tariffs on goods coming from the UK. The interim…
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We’ll engage supermarkets to promote made in Ghana goods – Ministry of Trade
The Ministry of Trade and Industry has stated that it is taking the necessary steps to help increase the stock of various made in Ghana goods on the shelves of supermarkets in the country. This follows a recent survey by an international business advisory firm, Konfidants which revealed that only 26 percent of goods sold…
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MSME sector to be formalized with conversion of NBSSI into an Agency
Parliament is expected to soon pass the Ghana Enterprises Agency Bill under a certificate of urgency. The Bill, when passed and assented to by the President, will convert the National Board for Scale for Small Industries into an agency to oversee, co-ordinate, promote and develop Micro, Small and Medium Enterprises. The Bill has already gone…
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NBSSI launches 2020 Ghana Women Entrepreneurship Summit
The Ministry of Trade and Industry says as part of plans to move women entrepreneurs from the micro to larger-scale businesses, it will focus on making funds meant to grow businesses accessible to them. Deputy Minister for Trade and Industry, Robert Ahomka Lindsay said this at the launch of the 2020 Ghana Women Entrepreneurship Summit,…
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Made in Ghana goods without made in Ghana logo will soon not qualify for export
Made in Ghana products which are not embossed with the made in Ghana logo will soon not qualify for export. The move according to the Ministry of Trade and Industry forms part of efforts to promote made in Ghana products on both local and international markets. The logo which was launched in April 2015 is…