Ghana's Trading Hub News

From the monthly archives: May 2016

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

Shippers Authority advocates removal of VAT on transit trade

The Ghana Shippers’ Authority (GSA) is seeking parliamentary approval for the removal of the value-added tax (VAT) on transit trade, in a move that could reduce cost and bolster the tonnage of transshipment.

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Customs Division of GRA to receive training

The Trade Related Assistance and Quality Enabling (TRAQUE) Programme is to build the capacities of officials of the Customs Division of the Ghana Revenue Authority.
The training would enable the officials to apply the rules of origin as specified in the Economic Partnership Agreement (EPA).Mr Ignacio Burrull, the Head of Cooperation of the European Union Delegation to Ghana, announced this at the 5th TRAQUE Steering Committee Meeting, in Accra.

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Operator’s of Ghana Introduces Online Payment System for Cargo Clearance

The operator of Ghana’s National Single Window project, West Blue Consulting has introduced an online payment system to facilitate prompt clearance of goods in the nation’s seaports.
Besides lowering the cost of doing business at the country’s ports, it will also eliminate the hiccups experienced by port users in the old method of clearing cargo.

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GPHA Wins Best Enterprise Award As Leader In Maritime Transport Industry

GPHA and its Director General, Richard Anamoo were inducted into the International Club of Leaders Community at the AchievementsForum-2016 in the institute of Directors, London.During the citation, the Europe Business Assembly touted GPHA as the best-known name in West Africa Maritime Transport Industry. GPHA was also awarded by the Europe Business Assembly the Best Enterprise Award for their strong position in the national market, the company’s status in international ratings, the utilization of modern management technologies, high staff qualification and a successful marketing strategy.

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GPHA to fine shipping company for polluting Tema Harbour

The Ghana Ports and Harbours Authourity (GPHA) is to impose a $50,000 penalty on the Mediterranean Shipping Company for polluting the Tema Port environment with heavy marine oil (HFO) spilled from its container vessel, MSC Alexa.The company and the terminal operators, Meridian Port Services (MPS), according to officials of the GPHA, would also be surcharged with the cost of cleaning the oil from the surface of the water.

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Firm Introduces Online Payment System to Ease Cargo Clearance

The operator of Ghana’s National Single Window project, West Blue Consulting has introduced an online payment system to facilitate prompt clearance of goods in the nation’s seaports.
Besides lowering the cost of doing business at the country’s ports, it will also eliminate the hiccups experienced by port users in the old method of clearing cargo.

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Single window module shows positive outcome

Revenue inflows to the Customs Division of the Ghana Revenue Authority (GRA) rose by 1.66 per cent to GH¢8.7 billion last year, partly as a result of the introduction of the Single Window System, which streamlined revenue collections at the various ports.The increment is the first of its kind in three years and came on the back of substantive dips in collections by Customs in the past two years.

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Ghana Ports and Harbour Director General, to deliver keynote at African Ports Evolution West African

 

The African Ports Evolution West African Edition, endorsed by Ports Management Association of West and Central Africa (PMAWCA)  is set to take place on the 6-7 September this year.

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Importers urged to seek expert advice before importing goods

The Customs Division of the Ghana Revenue Authority at the Kotoka International Airport (KIA) has urged importers of pharmaceutical products to consult the Food and Drugs Authority for advice on their imports.The Authority said the consultation is necessary to avoid expiration and undue delays at the warehouse.

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PAARS boosts revenue at GRA

Customs Division of the Ghana Revenue Authority (GRA) says its revenue generation has increased after the successful implementation of the Pre-Arrival Assessment Reporting System (PAARS).Albert Kurugu, Senior Revenue Officer, Ghana Revenue Authority-Customs Division, who made this known at a workshop on Single Window in Accra, said revenue mobilized by Customs Division in 2015 increased by 1.66 percent.

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