Ghana's Trading Hub News

From the monthly archives: October 2017

We are pleased to present below all posts archived in 'October 2017'. If you still can't find what you are looking for, try using the search box.

Customs officers to face sanctions if caught dealing with ‘goro boys’ – Commissioner

Customs officers manning the country’s borders will be sanctioned severely if caught dealing with ‘Goro Boys’, Isaac Crentsil, Commissioner of the Customs Division of Ghana Revenue Authority (GRA), has warned.Consequently, he has ordered that all intermediary transactions between the ‘Goro Boys’ at the borders and customs officers be halted with immediate effect.He disclosed that an official letter of notice would be communicated to all customs officers at borders for strict compliance.

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Chamber of Commerce targets over 24% increase in exports to US

The Ghana Chamber of Commerce and Industry has targeted to increase exports to the United States from the current 14 percent to over 24 percent in eight years. Officials expect members to take full advantage of the Agric Growth and Opportunity Act (AGOA) initiative to achieve the objective.Beneficiary countries are entitled to export over 6,400 products quota and duty-free to the United States.The Africa-US bilateral arrangement encourages export-led growth to enhance trade and economic potential of sub-Saharan African countries.Chief Executive of the Ghana Chamber, Mark Adu Aboagy, is optimistic the target can be achieved.

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Ghanaian Authorities Investigate Imported Rotten Chickens

The Customs Excise and Preventive Service (CEPS) division, of the Ghana Revenue Authority (GRA), has said it is investigating a case of alleged imported rotten chicken into the country.The Herald newspaper reported on Monday that thousands of Ghanaians may be in danger as credible information they have from the Tema Ports suggests that, some unwholesome frozen food products, have found their way into the country under bizarre circumstances.Speaking on the Citi Breakfast Show on Monday, a member of the CEPS communication team, Paa Kow Ekuma, said although they do not think something untoward had occurred, they won't leave anything to chance,

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‘Trade facilitation should gain traction in 2018 budget’ - Trade Expert

Government has been urged to prioritise implementation of the measures in the Trade Facilitation Agreement in the 2018 National Budget to position the country as a major continental trade hub within the next five years.Ghana has signed on to the World Trade Organisation’s Trade Facilitation Agreement (TFA), which enjoins the country to put strategies in place to address the delays and cost associated with the clearance of goods from the ports.

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DP World and Ghana’s President Talk Customs

DP World Group has met with the President of Ghana to discuss cooperation in customs technology, port operations, developing a freezone, rail transport and inland container depots to develop trade.A new customs agreement with Dubai company Customs World opens new areas for cooperation between the global port operator and the West African country.Customs World is a subsdiary of PCFC (Ports, Customs and Free Zone Corporation) - Trakhees, which provides services to Dubai World and its subsidiaries in Dubai, as well as other areas controlled by Dubai Customs.

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