Tag: ports
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Clearance inspection agencies barred from ports are back – Stakeholders bemoan
Clearance inspection agencies, which were barred from operating at the nation’s ports by government in 2018, have returned to the ports on the blindside of government. This came to light at a forum on Port Relations organised by the Importers and Exporters Association of Ghana. Government in June 2018 charged all inspection agencies except the…
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New GMA Board tasked to improve systems at ports to enhance business activities
The Minister for Transport, Kwaku Ofori Asiamah, has tasked the newly inaugurated board of the Ghana Maritime Authority,GMA, to drive improvements within the country’s ports to enable Ghana become the transportation hub for the West African sub region. The Maritime Sector and for that matter Ghana’s Port is the main gateway for international trade, with…
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Benin modernizing its port to overtake Ghana, Togo and Cote d’Ivoire
Benin is making efforts in re-investing in its major port in its capital Cotonou. The change had been slow but consistent over the past several years aimed at making the harbour competitive. The 300-hectare transit port is in a highly competitive sector and region, especially with the overall growth of trade in West Africa. Port…
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GRA welcomes reduction in import values
The Ghana Revenue Authority (GRA) says it is hopeful that the announcement of the reduction of the benchmark values on some goods at the port will help the authority meet its financial target for the year. Last year, the GRA was not able to meet its revenue forecast. The Vice President, Mahamudu Bawumia at a…
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We’ll reduce import values by 50% by Thursday – Bawumia
The government will reduce benchmark import values at Ghana’s ports by 50% effective Thursday, 4th April 2019. The Vice President, Mahamudu Bawumia who made this known at a town hall Meeting on Wednesday said the import value for cars will also be reduced by 30%. “To reduce the incidence of smuggling and enhance revenue, the…
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GRA to bear cost of new cargo tracking from June 1st
Starting this Friday – June 1, 2018, all exporters to Ghana will be required to comply with the Cargo Tracking Notes (CTN) policy before they can be allowed entry into Ghana and subsequent clearing of consignment of goods. The CTN requires that any exporter to Ghana, uploads details of the consignment onto a provided platform…