Ghana's Trading Hub News

From the monthly archives: April 2017

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

Ghanaian businesses urged to promote domestic trade

Mr Fredrick Alipul, Chairman of the Accra Chamber of Commerce and Industry, has encouraged Ghanaian businesses to strategize and take advantage of opportunities available to promote domestic trade.He said the promotion of domestic trade could lead to intra-Africa trade, which would boost businesses as well as sustain the economy.

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2017 Ghana National Single Window Conference

West Blue Consulting and International Chamber of Commerce (ICC), supported by World Customs Organization (WCO) and World Trade Organization (WTO) invites stakeholders to the 2017 Ghana National Single Window Conference scheduled to hold as below:

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West Blue, IATA team up on Cargo XML for Airlines enforcement

West Blue Consulting, the technical partners of the Ghana National Single Window (GNSW) project is working feverishly with the International Air Transport Association (IATA) to ensure that aircraft start using an electronic format called Cargo XML to submit their cargo data to customs before landing at the Kotoka International Airport (KIA), Accra.The Cargo XML which is expected to replace the existing Cargo IMP will be implemented on 28th May 2017,

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The Ministry of Finance announces the establishment of a Solutions Service Unit at the Ministry to offer opportunity to the General Public to seek redress and offer information that could lead to the prevention of loss of revenue or the retrieval of revenues from tax evaders.

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GCNet pays GH¢17m as dividend to govt

Trade facilitation and revenue mobilization company, GCNet has presented 17 million Ghana cedis to the Ministry of Finance as dividend for its operations in 2016.
The company earlier paid 10 million cedis to government in 2016 as the first installment.Speaking to Citi Business News after presenting the cheque, the Executive Chairman of GCNet, Dr. Nortey Omaboe stated that the company will work to improve revenue for the nation this year.

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GRA Customs gets new Commissioner

Mr. Isaac Crentsil has been appointed as the new Commissioner for the Customs Division of the Ghana Revenue Authority (GRA).He takes over from Mr. Kuudamnuru John Vianney whose tenure ends in May this year.Until his appointment, Mr. Isaac Crentsil was the Deputy Commissioner in charge of Post Clearance Audit Department.

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Finance Minister charges West Blue, GCNet to improve valuation system

Finance Minister Ken Ofori-Atta has charged GCNet and West Blue Consulting to work at improving consignment valuation at the ports to help increase revenue.
The two companies which are working to implement the Single Window Project at the ports are expected to meet a revenue target of 33 percent even though they missed a 30 percent target last year.Speaking after GCNet presented a cash of 17 million cedis to the Ministry of Finance as part of its dividend for 2016, Mr. Ofori-Atta

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Intra-regional trade hampered in West Africa due to lack of single window systems in many countries

The lack of a single window for trade facilitation in many West and Central African countries has become an impediment to intra-regional trade, the Secretary General of the Port Management Association of the West and Central Africa (PMAWCA), Mr Michael Luguje, has said.According to him, out of the 20 countries within the PMAWCA zone, only Ghana, Togo and Benin have national single window systems that cover everything about port clearance procedures, as well as all other public agencies involved in the certification of products and payment of fees within a trade hub.

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GRA boss reposes confidence in Single Window

The new Commissioner-General of Ghana Revenue Authority (GRA), Mr Kofi Nti, has expressed confidence in having a paperless system under the Ghana National Single Window (GNSW) project that will help enhance trade facilitation in the country.He made this known after touring the Customs Technical Bureau office located at the Ministries in Accra last Thursday.He stated that “the good thing about this project is that once there is data, nobody can hide and do anything bad. With the biometric system, Customs can no longer play truancy.”

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PAARS Enhancement

Following the recent successful nationwide PAARS enhancement training, we are pleased to inform you of the deployment of the Trade Unit Measurement and Extended Attributes enhancements.

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