Latest Trade News

Ghana bids for AU Free Trade Secretariat

A 10-Member African Union (AU) Trade Delegation has arrived in Ghana. The Delegation is in town to assess Ghana’s facilities and preparedness to host the Secretariat of the Continental Free Trade Area (CFTA). The Delegation is being led by Ambassador Rosette Nyirin Kindi Katungye, AU Advisor on Regional Integration, Bureau of the AU Chairperson. Ghana has placed a bid to host the more

Ghana determined to make most out of AfCFTA— President

Ghana is determined to make the most out of the African Continental Free Trade Area (AfCFTA) agreement and would leverage on the trade and investment opportunities that the pact presents to accelerate the country’s development and prosperity, President Nana Addo Dankwa Akufo-Addo has said. Addressing the opening of a three-day National Conference on the more

GRA Customs Division collects GHc373 million as revenue

The Ashanti Regional Command, Customs Division of the Ghana Revenue Authority (GRA), realized a total revenue of GH¢373.102 million as at June, 2019. Assistant Commissioner (AC) Frederick Yankey, the Regional Customs Division Commander, said their target was GH¢375.447 million, translating into a negative variance of GH¢2.345, which represented 0.62 per cent. Last year, the more

Paperless clearance system improves Ghana's port operations

Marketing and Public Affairs Manager of Tema Port, Serwaa Opoku-Fosu, has reaffirmed that the paperless processes at Ghana’s Ports have improved the turnaround time of cargo, transparency and eased of doing business at the Port. “There is reduction in the cargo clearance time, we position the cargo for you when you’re ready for examination. Also, an agent can work on multiple more

First phase of Tema Port expansion project officially handed over

The first phase of the Tema Port Expansion Project has been handed over to the operational team by the construction team. At a simple ceremony on Friday, June 28, 2019, the project team symbolically handed over the key of the facility to the operational team. Present at the ceremony were the Director General of the Ghana Ports and Harbors' Authority, the Director of the Port of Tema, the CEO more

Paperless Port, Zipline projects implemented at zero cost to gov’t - Bawumia

Vice President Dr Mahamudu Bawumia has lauded the collaborative role the private sector has played in the successful rollout of several programmes in government’s digitisation agenda. He said this collaboration has led to major budgetary savings, freeing up funds to address other more

Implementation of the 50% Discount Policy on FOB (General Goods).

Dear Cherished Client,We are pleased to inform you that the directive by the government on the 50% value reduction on assessed FOB has been implemented on the Customs Classification and Valuation Report (CCVR). Please see below sample of the revised CCVR.May we take this opportunity to thank you for your support and steadfastness. We are confident that together, we will achieve a truly more

Customs updates media on new trade enhancements

The Customs Division of the Ghana Revenue Authority has assembled members of the press in a forum, as an effort to educate the public on current enhancements in the trade and port clearance system.Customs, since 2002 has partnered IT Solutions companies, to create a secure trade platform that facilitates the exchange of information between the Government of Ghana and the trade & logistics more

Single Window reducing under declaring at ports – GRA

The introduction of the Single Window Application Platform reduced the issue of under declaring at the port.Under declaring happens when importers quote lower prices of goods imported to warrant lower duties.The single window application platform is a web application hosted centrally on a web server with a centralized database server. West Blue implements this solution to help automate the more

Ghana Trade Hub Portal (GTH) Upgraded To Ease Trade

Doing business at the Ghana ports is becoming easier, convenient and faster with the latest add-on features to the already introduced mobile software, Ghana Trade Hub Mobile App.The mobile App was borne out of the new Ghana Trade Hub Portal, a website designed to reduce cost and time of doing business at the ports. The App, which is available for Android and IOS users has recorded over 10,000 more

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