Posted on 11/9/2018 11:16 AM By Support
Mr Daniel Nii Kwartei Titus-Glover, Deputy Minister for Transport has hinted that the Paperless Port System will be extended to other areas within the customs division to ensure its holistic implementation.This, he said, would also promote integrity and transparency in the Country, thereby, helping to reduce corruption as well as promote Ghana’s growth.The Deputy Minister said this at a forum on the Paperless Port Project held in Accra on Wednesday to mark its one year anniversary.The programme was under the auspices of Ghana Shippers Authority (GSA) dubbed: “One Year of Paperless Port System: Review of Achievements, Challenges and Way Forward”.
Posted on 11/12/2018 9:40 AM By Support
The Customs Division of the Ghana Revenue Authority (GRA) has interdicted some of its officers for conspiring with three companies to deprive the country of revenue amounting to $3.5 million.According to a statement released by the Authority and signed by the Commissioner General, Kofi Nti, the three companies, Hendrick Shipping, Springfield Shipping, and Christerl Shipping were caught in acts of diversion of re-exportation of goods at the Akanu Border Post.
The matter has been referred to the Economic and Organised Crimes Office for further investigation.
Posted on 11/12/2018 9:51 AM By Support
One year after the implementation of the paperless port system, stakeholders in ports and harbours value chain say it has indeed improved efficiency and raked in more revenue at the ports.Speaking at a forum on the paperless port project, Chief Executive Officer of the Ghana Shippers Authority, Benonita Bismarck, called on stakeholders to contribute suggestions on how best the system can be made more efficient.“In view of the multiple stakeholders connected to it and the intensity of the nationwide shipper sensitization required, the Shippers Authority in consultation with key industry stakeholders preferred a comprehensive review of the system after its first year of implementation."
Posted on 11/13/2018 9:29 AM By Support
Total import revenue realized by the Ghana Revenue Authority (GRA) is nearing the GHC13 billion target projected by the Authority for the 2018 fiscal year.This will represent nearly a GHC2billion increase over the 11. 43 billion of revenue collected in 2017 by the GRA from importers.For the first half of this year, about GHC5.8 billion was collected for the state from importers. As at October, about 11.5 billion have been collected from importers for government, according to data from GRA released to the paper. This follows impressive gains over the last two years.
Posted on 11/14/2018 11:36 AM By Support
The leadership of CVM has commended President Akufo-Addo for the great success chalked in the paperless port goods clearing systems under his leadership.CVM is happy that the verifiable data and statistics from the Ghana Revenue Authority, Ministry of Finance, Ministry of Trade and Customs Excise and Preventive Service shows that the introduction of the paperless clearing system has upped revenue by almost GH¢2billion within the fiscal year and likely to reach GH¢13 billion by end of year, a great improvement on the GH¢11.43 billion of revenue collected in 2017."We the members of CVM are happy that the near GH¢ 2billion did not end up in the pockets of individuals. The decision of Nana Akufo-Addo led government to commence a paperless clearing system at Ghana’s ports has proved to be a key factor in fighting corruption at the country’s revenue collection points, a major anti-corruption success story".
Posted on 11/26/2018 11:23 AM By Support
The industrial sector has lauded the improved clearance processes at the Tema and Takoradi ports, occasioned by the Paperless Port Clearance System, that have ensured that raw materials are available at the right time for production. The Association of Ghana Industries (AGI) in its annual report released to the media, said the ongoing reforms has helped reduce the cost and time of port transactions. “Reducing the number of regulatory bodies at our ports to three is laudable as this will help reduce the cost and time of port transactions”, it said.The Association commended government for instituting the World Trade Organization (WTO) trade facilitation measures and reforms at the port to ease doing business.
Posted on 1/2/2019 7:14 PM By Support
The Economic Management Team (EMT) has directed the Ministry of Trade and Industry to immediately suspend the January 1, 2019 single window system takeover by CUPIA of Korea Customs Service and Ghana Link Network Service Limited. The decision, which was taken on December 18, 2018 and communicated to the ministries of Trade and Finance, is to ensure that issues regarding the takeover of operations at the country's ports are addressed.A letter to that effect was signed by the Secretary and member of the EMT at the Vice-President's Secretariat, Professor Joe Amoako-Tuffour, and copied to the Commissioner General of the Ghana Revenue Authority, Mr Kofi Nti.
Posted on 2/4/2019 11:22 AM By Support
Customs Division of the Ghana Revenue Authority (GRA) data show that import revenue increased by 3.9 percent at the end of the 2018 calendar year.
The total import revenue increased from about GH¢12.7billion in 2017 to GH¢13,191.79million as at the end of 2018. The growth in revenue realised from imports over the period can largely be attributed to implementation of the Paperless Port System at the country’s sea ports by government. The Ministry of Finance, Ministry of Trade, GRA-Customs Division, WestBlue Consulting and GCNET, among other stakeholders, have been commended for their various roles played in increasing government’s revenue at the port and blocking revenue leakages.
Posted on 2/11/2019 10:51 AM By Support
The implementation of the African Continental Free Trade Area (AfCFTA) is expected to raise intra-African trade by 15 percent, an African Development Bank (AfDB) official said on Saturday. The implementation of AfCFTA would result in a net gain of 2.8 billion U.S. dollars in real income for Africans, Hanan Morsy, director of the AfDB’s macroeconomic policy department, told Xinhua in the Ethiopian capital, Addis Ababa
Posted on 2/13/2019 9:31 AM By Support
Mr Joseph Amoah, the Ghana Shippers’ Council Committee Chairman of the Ashanti Region, has applauded government for introducing the paperless system at the country’s port. He said it has been an enormous help to relieve shippers of import duty hassles. Mr Amoah said the current system which facilitated electronic payments, has minimized the drudgery of cumbersome bureaucracy - human interface and paper movements. “Better still, the cost-saving system has also reduced corruption at the port as well as enhanced faster and a more accurate duty payables”, he said.