Mr Alan Kyeremanteng, Minister of Trade and Industry , has hinted that government will soon establish a bank for traders. The bank, he said, would have tailor made loans with low interest rates for traders to be competitive as well as make the overall economy more efficient. Mr Kyeremanteng said…
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The Business & Financial Times
July 6, 2021
Rather an opportunity for manufacturing sector
Head of the European Union Mission to Ghana, Ambassador Diana Acconcia, has debunked assertions that the coming into force of the interim Economic Partnership Agreement (EPA) with Ghana will undermine the purpose of the African Continental Free Trade Area (AfCFTA), saying, the country’s trade pact with Europe will rather boost the capacity of the manufacturing sector to produce for the continent.
Her conviction is hinged on the fact that the EPA will see Ghana progressively reduce its tariffs to zero for 78 percent of its imports from the EU by 2029, which will significantly affect the removal of tariffs on intermediary goods and machinery from the EU, thereby, ensuring cheaper inputs for the manufacturing sector.
Digital customs system set for full rollout June
Wednesday March 10 2021
By ANTHONY KITIMO
Summary
Full implementation of a digital customs system will significantly increase efficiencies at the Port of Mombasa and along the Northern Corridor, Ministry of East African Community Affairs Principal Secretary Dr Kevit Desai has said.
The integrated Customs Management System (iCMS) which is 90 percent complete is expected to be rolled out fully in June.
Full implementation of a digital customs system will significantly increase efficiencies at the Port of Mombasa and along the Northern Corridor, Ministry of East African Community Affairs Principal Secretary Dr Kevit Desai has said.