Posted on 6/23/2016 8:57 AM By Support
The central bank is seeking to strengthen the cedi’s defences by deploying a new export monitoring platform to ensure the repatriation of all export receipts into the country.
Exporters are expected to connect to the new electronic export monitoring platform by July 1, 2016, a notice served by the Central Bank on May 30, 2016 said.
Posted on 5/9/2016 9:50 AM By Support
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.
Posted on 3/16/2016 3:15 PM By Support
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.
Posted on 2/24/2016 1:05 PM By Support
The Customs Division of the Ghana Revenue Authority (GRA) has initiated full-scale investigations into the seizure of 12 boxes of gold valued at US$18 million at the Kotoka International Airport (KIA).The gold, which weighed 480 kilogrammes, was impounded last Wednesday by security officials at the KIA in what they described as a syndicated attempt to smuggle the commodity out of the country without the necessary authorisation.A source close to the KIA told the Daily Graphic that the gold deal was uncovered upon a tip off.It said the timely intervention of the security officials led to the retrieval of the 12 boxes of gold which were ready to be exported by Emirates Airlines without any form of documentation and inspection.
Posted on 2/10/2016 2:15 PM By Support
The Kotoka International Airport (KIA) Collection of the Customs Excise and Preventive Service (CEPS) exceeded its revenue target for the year 2015.
“The Service was charged to collect a revenue target of GHC 472,560,000.00, and we were able to collect GHC 480,259,241.64”, Mr. Isaac Tetteh Djan Abbey, Sector Commander of the KIA CEPS Collection, said on the occasion of the end of year get together of the Service.He mentioned commitment and dedication of staff, good policies by management such as the introduction of compliance measures, where the performance of staff was electronically monitored, as well as intensive training programmes, as some of the reasons for the achievement.