Browsing Category
Maritime
Dissecting the new Shippers’ Authority Act
-uncovering veiled intents and implications on the maritime business (Part 1)
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Success of new GSA Law depends on industry collaboration
The Chief Executive Officer (CEO) of the Ghana Shipping Authority (GSA), Kwesi Baffour Sarpong, has said that the amended Ghana Shippers’ Authority Law will revolutionize the country’s…
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Customs probes 2 shipping lines, agents over falsified documents
The Customs Division of the Ghana Revenue Authority (GRA) is investigating two shipping lines and agents who connived to falsify information on trade documents to pay lesser duties and…
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Integrated Maritime Strategy to ward off pirates, terrorists
President Nana Addo Dankwah Akufo-Addo has urged stakeholders in the Maritime sector, especially those in the maritime security sector to employ technology in the maritime strategy to…
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Importers not registered for VAT face 12.5% upfront tax
Importers not registered for tax face upfront payment of 12.5% of the custom value of the taxable goods as penalty.
It is a sanction imposed on importers of taxable goods who are…
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€85m fishing harbour for Elmina commissioned
President Nana Addo-Dankwa Akufo-Addo has commissioned the €85m Elmina Fishing Harbour rehabilitation and expansion project in the historic city of Elmina in the…
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A capital of $200m is needed to revamp PSC Tema Shipyard
Mr Michael Luguje, Director General of the Ghana Ports and Harbours Authority (GPHA) has disclosed that an investment capital of $200 million is needed to revamp the PSC Tema Shipyard.…
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Import duties to go up as govt scraps benchmark values policy
Effective January 2023, the 30% discount on import values of general goods and 10% discount on home delivery value (HDV) of used vehicles will no longer apply.
Consequently,…
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AfCFTA: 8 African countries kick-start free trade with 96 products
Eight countries have commenced guided trading under African Continental Free Trade Area (AfCFTA).
The initiative seeks to test the operational, institutional, legal, and trade policy…
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African Continental Free Trade Area to change fortunes of Africa
All is set for trading in goods under the African Continental Free Trade Area (AfCFTA) agreement to begin this year.
On September 26, the historic trading in goods under AfCFTA will…
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