African countries are being urged to adopt an inward-looking trade strategy post COVID-19 to help boost the continent’s industrialisation agenda, and also make it a strong force in the global supply chain management. According to the Executive Chairman of law firm AB & David, David Ofosu-Dorte, this is the time...
President of the Ghana Institute of Freight Forwarders (GIFF), Edward Akrong says the UNIPASS, now Integrated Customs Management Systems (ICUMS), contrary to suggestions by government that all is well, is creating lots of unbearable problems for clearing agents and importers since its deployment at Takoradi Port. According to him the...
The International Air Transport Association (IATA) renewed its call for government relief measures as the impacts of the COVID-19 crisis in Africa deepen. The region’s airlines could lose US$6 billion of passenger revenue compared to 2019. That is US$2billion more than was expected at the beginning of the month. Job losses...
Some freight forwarders in Tema are fuming with rage over the decision by banks who receive payment of duties at the Port of Tema to close some of their branches and also operate with limited staff. Long queues characterised the Tema long room GCB bank and Ecobank which are the...
The Nungua Warehouse Ghana Limited has donated some items to the Ghana Ports and Harbours Authority to aid the Port Authority’s fight the spread of COVID-19 in the Port. The Warehouse is one of the lessees of the Port Authority in the business of importing liquid bulk through pipelines into...
Legal Practitioner and Senior Partner at AB& David Africa, David Fosu-Dorte has called on African governments to domesticate its purchases and procurement processes to boost Intra-African trade strategizes and minimize the negative economic impact of the COVID-19 pandemic. “We could see Africa and some countries in Africa becoming an alternative...
The Secretary-General of the Ports Management Association of West and Central Africa (PMAWCA), Jean Marie Koffi, said the COVID-19 has not disrupted maritime activities within the West African Sub-region so far since all goods are still being imported and exported in ports of member states. “Activities at the port are...
…what they can do to prepare for COVID-19 recovery The economic effect of COVID-19 to the world economy may not be known until the Pandemic has fully be contained. However, experts like Sarathy, a professor of international business and strategy says “My gut feel is the impact on the economy is...
With the anxiety to know what the days ahead hold for the year 2020, taking stock of the first 90-days of 2020 makes for better planning and execution going forward. Undoubtedly, Quarter-1 (Q1) has been an eventful part of the year. As early as it may be in the...
… don’t be a victim Can I use your bank account details to receive my salary or money from a friend? Can I use your accounts details to transfer money abroad? Can we use your private (personal) account details for a business transaction? I believe we are familiar with these...