The Food and Drugs Authority (FDA) will commence strict implementation of the registration of all regulated products prior to importation, effective February 1, 2021 at the Tema Port. Deputy Chief Executive Officer in charge of Food, Roderick Daddey-Adjei, said the authority will not allow the importation and clearance of unregistered...
The Ghana Standards Authority (GSA) has agreed to maintain its old fees for the registration of importers. This agreement was reached after a consensus-building meeting jointly organised by the National Standards Body and the Ghana Shippers’ Authority on Thursday, January 14, 2012, for industry players such as importers and exporters,...
The ports of Ghana remain one of the avenues of revenue generation for the government. Revenues are mobilised from the trade transactions that occur at the ports and the territorial borders of the country, mostly in the form of payment of levies, fees and taxes charged on goods and...
Ghana and the United Kingdom (UK) have reached a consensus on a new trade agreement to provide duty free and quota free access, as well as preferential tariff reductions for both countries. The consensus was reached after a video conference between Ghana’s Minister of Trade and Industry Alan Kyerematen, and...
The Ghana Export Promotion Authority (GEPA) is seeking to harness the potential of the visual arts to drive receipts from Non-Traditional Exports, its Chief Executive Officer, Dr. Afua Asabea Asare, has disclosed. With renewed focus on contemporary Ghanaian art, particularly paintings, as well as the unbridled prospects of initiatives such...
….Afreximbank affirms as AfCFTA rolls out early 2021 The African Export-Import Bank (Afreximbank) considers factoring as a viable alternative financing instrument for supporting Small and Medium-sized Enterprises (SMEs) at a time when traditional commercial bank lending is tightening while trading is about to begin under the African Continental Free Trade...
Mitsubishi UFJ Finance Group MUFG, a leading global financial services group, one of the largest banking institutions in Japan and African Export-Import Bank (Afreximbank) have closed a ground-breaking $520 million facility, the first to be covered by Nippon Export and Investment Insurance (NEXI). NEXI’s proactive support for this facility was...
The African Export-Import Bank (Afreximbank), pan-African multilateral EXIM bank, and the African Energy Investment Corporation (AEICorp), an affiliated entity of the African Petroleum Producers’ Organization (APPO) that was established to support the development of Africa’s hydrocarbon and energy sectors have signed Framework Agreement Cairo. The Agreement was signed by Professor...
There has been much puzzlement that the world’s stock markets haven’t collapsed in the face of the COVID-19 pandemic, and especially in the United States, which has recently been setting record highs for new cases. But maybe it isn’t such a puzzle. A measure we call the Excess CAPE...
Meridian Port Services Limited (MPS), the leading Container Terminal/Port in West Africa, has achieved another milestone by successfully receiving MSC Natasha which loaded about 2,200 containers at Tema Port. The MSC Natasha started her voyage from the Far East port of Dongguan Anch in the early hours of 14th October...