Ghana's Trading Hub News

From the monthly archives: March 2016

We are pleased to present below all posts archived in 'March 2016'. If you still can't find what you are looking for, try using the search box.

Don’t patronise smuggled cars from Togo

The Tamale Sector Commander of the Customs Division of the Ghana Revenue Authority (GRA),  Chief Collector Seth Dwira, has expressed worry over the smuggling of cars from Togo to Tamale which denied the country the needed revenue.

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Ministry temporarily withdraws directive on raw cashew exportation

The Ministry of Trade and Industry said it has temporarily withdrawn the administrative directive for the exportation of Raw Cashew Nut (RCN).
It said the Ministry was however taking steps to ensure that the development of the cashew industry was accomplished through a comprehensive and inclusive process.

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Ghana Revenue Authority exceeds tax target in Northern Region

The Medium and Small Tax Offices of the Domestic Division of the Ghana Revenue Authority (GRA) in Tamale recorded impressive performance last year by collecting taxes in excess of their target for the year.

The Medium Tax Office (MTO) of GRA in Tamale collected GH¢33,707,508.12 million as against a target of GH¢25,772,482.49 million, whiles the Small Tax Office (STO) of GRA in Tamale exceeded its GHc16 million target by nine per cent.

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EU supports Customs with lab equipment

The EU Ambassador to Ghana, Mr William Hanna said Customs were a major stakeholder in the chain of quality of foods to be consumed locally or exported.The European Union (EU) through the Trade Related Assistance and Quality Enabling (TRAQE) Programme has presented laboratory equipment valued at 374,000 Euros to the Customs Division Laboratory of the Ghana Revenue Authority (GRA).

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Customs destroy unwholesome cigarettes

 The Customs Division of the Ghana Revenue Authority (GRA), on Wednesday, destroyed 3,500 boxes of cigarettes, which did not meet market and health standards of the country.The products, which were imported by Mr Peter Kofi Asuamah of Attakora Worldtrade Company from Canada, were valued at more than GH¢ 329.000

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Ghana: GRA Targets Ghc27 Billion Extra Revenue Collection in 2016

Commissioner-General of Ghana Revenue Authority (GRA) Mr. George Blankson has articulated the authority's plan to collect Ghc27.56 billion in revenue for the national coffers for this year-2016.Domestic direct revenue is expected to bring in Ghc11.513 billion, domestic indirect revenue is to bring in Ghc5.916 billion while Ghc10.159 billion is expected in customs revenue.

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Minerals Commission to punish gold smugglers

The Minerals Commission has served notice to deal with any person or companies found culpable in smuggling gold out of Ghana.
According to the Commission, the country stands to lose huge revenue as long as smuggling continues.

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How ICT Driven Concept Can Boost Africa’s Trade Ranking

African countries must join others around the world in adopting the National Single Window Environment, an ICT-based concept, to eliminate the bureaucracy posing a challenge to trade processing in the region, the managing director of West Blue Consulting, Valentina Mintah has said.

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‘Ghana surely needs the Single Window concept’

The single window concept is gradually catching on in Ghana. Charles benoni Okine (GB) caught up with the managing director of west blue limited, ms valentino mintah (vw), after a workshop on the new concept for select ED media practitioners from ghana and nigeria at senchi, near akosombo for an exclusive interview. he first asked her; why do you think ghana needs this SW concept?

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Speed up the implementation of ECOWAS Common External Tariff

Dr Kofi Mbia, the Chief Executive Officer (CEO) of the Ghana Shippers Authority (GSA), has said there is the need for Ghana to speed up the implementation of the ECOWAS Common External Tariff (CET).
The ECOWAS CET is one of the instruments for harmonizing trade among ECOWAS member states by developing and strengthening its common market


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