Tag: Ministry of Trade
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21 Foreign-owned shops reopened at Tip-Toe Lane after verification of documents
Some Nigerian retailers who had their shops locked up by the Ghana Union of Traders, GUTA, have had them reopened after they provided legitimate documents allowing them to do business in the country. The shops were locked up nearly six months ago at Tip Toe Lane at the Kwame Nkrumah Circle and Opera Square in…
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Neoplan Ghana hopeful of gov’t intervention as Trade Ministry puts closure on hold
Management of the Neoplan Ghana Limited has commended government’s effort to help revive the struggling company. The company was scheduled for closure this Friday 31st January 2020, due to lack of financial support and contracts. But the Ministry of Trades and Industry has intervened asking management to hold onto the closure as it finds a…
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US Governor of the State of Mississippi builds trade links with Ghana
The Governor of the State of Mississippi, Phil Bryant, traveled to Ghana to expand and promote trade and investment opportunities between Mississippi and Ghana. While in Accra, he met with Government of Ghana officials, private sector representatives, local entrepreneurs, members of business associations, and scientific research stations. Governor Bryant visited the Tema Port to observe…
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Freight forwarders kick against expected increase in port tariffs by MPS
Freight Forwarders at the Tema Port are kicking against a request by the Meridian Port Services, MPS, for an increase in port charges at its new terminal. The freight forwarders say any increase in tariffs will overburden importers. The Vice President of the Ghana Institute of Freight Forwarders, Johnny Mantey, says the proposed 11% increase…
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#CitiBizFestival: GEPA strategizing to boost non-traditional exports
The Ghana Export Promotion Authority (GEPA) is hopeful the completion of the National Exports Development Strategy will boost the production and export of non-traditional exports. According to the authority, Ghana has struggled to meet expected targets for non-traditional exports for the past three years. Speaking on the Citi Breakfast Show as part of the Citi…
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Local manufacturers petition Trade Ministry over imminent collapse of Ghanaian companies
The Ministry of Trade and Industry has received petitions from various manufacturing companies calling for government’s intervention to avert an imminent collapse of some local companies due to competition from imported products. The groups, including Aluworks, Cement Manufacturers Association of Ghana, Steel Manufacturers Association of Ghana as well as Association of Biscuit Manufacturers want government…