Importers at Tema Port have entreated government to absorb demurrage and storage rent charges incurred during the two days which saw the deployment of the Integrated Customs Management System (ICUMS), also known as UNIPASS, due to challenges faced in the process. According to importers, the unsuccessful deployment prevented importers from...
This year’s Ghana Premier Business and Finance Excellence Awards Ceremony which was scheduled to take place in Accra, on Friday 24th April, 2020 has been postponed indefinitely. According to Mr. Isaac Dakwa, Director of Top Brass Ghana, the organisers of the Ghana Premier Business and Finance Excellence Awards Scheme, the...
Fiscal policies have provided large emergency lifelines to people and firms during the COVID-19 pandemic. They are also invaluable to increase a country’s readiness to respond to a crisis and to help with the recovery and beyond. When the Great Lockdown finally ends, a strong economic recovery that benefits everyone...
…what they can do to prepare for COVID-19 recovery( 3)   Some few weeks ago, I wrote on how COVID-19 has revealed the need to develop our domestic tourism and promote our intra African tourism. It is becoming clear that our over dependency on international tourism, most especially the West, should...
Following delays in cargo clearance at the Port of Tema as a result of the new Integrated Customs Management System and the shutting down of the GCNet and West Blue’s systems at ports, the leadership of the Ministry of Finance and Ministry of Trade took to the Tema port...
More than 200,000 businesses are expected to soon access the GHc600 million stimulus package called COVID-19 Alleviation Programme (CAP), the Executive Director of the National Board for Small Scale Industries (NBSSI), Kosi Yankey-Ayeh, has announced. The businesses, mostly Micro, Small, and Medium Enterprises, which have been worst affected by the...
 “Papa! Tell us about 2020”. With eagerness and expectation, my grandchild, Nii looked up, expecting some kind of profound answer. I smiled, savouring the moment, readjusted myself in my seat, my disposition- that of a warrior about to recount a famous legend, I looked the 11 year old boy...
Government has been urged to strengthen public sector organisations with the provision of Personal Protective Equipment (PPE) to battle the coronavirus. Felicia Kraja, Northern Regional Acting Secretary for the Trade Union Congress, noted that workers in the country need to be resourced to motivate them into helping increase production so...
Mulls new body to police financial crime, monitor banks European Commission to expand blacklist from 16 to 22 states Saudi Arabia, U.S. territories spared after initial listing Listed states face closer financial scrutiny, funding bans The European Commission aims to intensify its scrutiny of states posing money-laundering risks, and...
The Chief Executive Officer of the Ghana Free Zones Authority, Michael Okyere Baafi, has revealed that some free zone companies have been negatively impacted by the emergence of the COVID-19 pandemic. He said, as a result, the Ministry of Trade and Industry will introduce a more sustainable package to that...