Business
Over 700 Ghanaian products absorbed under AfCFTA’s Guided Trade initiative – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo, has during the State visit of the President of Guinea-Bissau Umaro Mokhtar Sissoco Embaló, announced the giant strides being made by Ghanaian products under the Guide Trade Initiative of the African Continental Free Trade Area (AfCFTA). Following the maiden roll out of the Guided Trade Initiative, President Akufo-Addo said, over […]
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Politics
I’m shocked – Mahama reacts to 22 levies, fees charged for clearing goods at port
John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), has expressed his astonishment at the multitude of levies and fees imposed on goods cleared at the ports. Addressing members of the Ghana Union Traders Association (GUTA), Mahama highlighted the financial burden faced by importers, particularly citing the example of a 2023 Lexus vehicle. […]
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Business
GUTA welcomes Bawumia’s proposal for tax amnesty & flat rate
The Ghana Union of Traders’ Association (GUTA) says the proposal by the Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to implement a new flat tax regime along with a tax amnesty is a step in the right direction, which the Union says, will significantly boost their businesses to grow. As part of […]
The post GUTA welcomes Bawumia’s proposal for tax amnesty &
Banking & Finance
Zenith Bank spotlights opportunities for women in business
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […]
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Africa
WTO reform is everyone’s responsibility
By Ngozi OKONJO-IWEALA Taking place in challenging and uncertain times, the World Trade Organization’s 13th Ministerial Conference in Abu Dhabi produced mixed results: a few successes, but also some disappointments. By contrast, the previous ministerial conference, held in June 2022, concluded with the adoption of numerous multilateral agreements and decisions, giving the WTO a temporary […]
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General
Trader remanded after court issued bench warrant
An Accra Circuit Court has remanded into police custody a 25-year-old trader, Michael Azu, for failing to appear in court. On December 7, 2023, Azu, who is being held for defrauding by false pretence, failed to turn up in court and a bench warrant was issued for his arrest. When accused person appeared before the […]
The post Trader remanded after court issued bench warrant
Banking & Finance
UBA, GEPA partner for AfCFTA trade liberalisation seminar for exporters
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […]
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News
Women entrepreneurs need inspiration to accelerate development
By Samuel SAM The need to inspire and empower more successful women entrepreneurs to drive socio-economic development was highlighted at the GNCCI-GIZ Women Conference held in Tamale under the theme ‘Making AfCFTA Work through a Deliberate Inclusion of Women Entrepreneurs’. At the event, Hamidu Hamza Saana, the Northern Regional Director of the Ministry of Trade […]
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Headlines
Registrar of Companies urged to reduce fees for women-led enterprises
By Elizabeth PUNSU, Kumasi The Coordinator of the Women’s Wing at the Ghana Union of Traders Association (GUTA), Pearl Opoku, has urged the Registrar of Companies to lower the costs associated with registering businesses led by women in the country. Ms. Opoku stressed that such action would streamline the formalisation process for numerous micro, small […]
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Business
Ghana’s export earnings stagnate at $2.8bn as contribution of cocoa drops by $200m
The latest assessment of Ghana’s external sector developments shows that the country earned $2.8 billion from its major exports in the first two months of 2024. On a year-on-year basis, however, the value of exports did not see any significant growth from the same $2.8 billion posted as of February the previous year. The figure […]
The post Ghana’s
Headlines
Parliament educates press corps on updated Standing Orders
By Rashidatu IBRAHIM Parliament has held a workshop to familiarise members of the Parliamentary Press Corps (PPC) with the updated Standing Orders of the House. The two-day workshop, held over the weekend in Ada, aimed to acquaint the press with the new orders and equip them with the necessary knowledge to accurately convey information to […]
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General
Northern Ghana targets trade growth during investment summit
The second edition of the Northern Trade, Industry, and Investment Summit was inaugurated at the Dungu campus of the University for Development Studies (UDS) by Lawyer Sulley Sambian, the Chief Executive Officer (CEO) of the Northern Development Authority (NDA). With a theme focused on “Enhancing Trade and Industries in Northern Ghana through Capacity Development and […]
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Business
GUTA urges gov’t to scrap COVID-19 levy
By Elizabeth PUNSU, Kumasi Anthony Oppong, Chairman of the Ghana Union of Traders Association (GUTA) in the Ashanti Region, has reiterated calls for the government to abolish the COVID-19 levy. He argues that these taxes are burdening traders’ revenue, especially since the COVID-19 has been declared by the World Health Organisation as no longer a […]
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News
Ghana and Suriname aim to strengthen trade relations
Ghana and Suriname have expressed a mutual interest in strengthening their trade relations. This intent was pronounced by the Ambassador Extraordinary and Plenipotentiary of the Republic of Suriname, Fidelia Graand-Galon, during a pivotal meeting with officials from the Ghana Shippers Authority (GSA) on February 22, 2024. The discussions were centered on pinpointing potential business ventures for both […]
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Business
AFLA_TON Trade Exhibition Set For March
Delilah Mercer, Selassie Tetevie THE AFRICAN Furniture Lighting Accessories Trade Exhibition (AFLA_TON), scheduled to take place between March 5-29 2024, is poised to provide a significant platform for the showcasing of interior furniture, lighting, and
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Headlines
Process to monitor agric trade within ECOWAS takes off
A ‘Training of Trainers’ exercise for FSRP National and Regional technical teams on data collection and reporting tools for the ‘ECOWAS Agricultural Trade and Markets’ SCORECARD (EATM-SCORECARD) is ongoing in Abuja, Nigeria. The objective of the EATM-S is to assess and track the performance of agricultural trade by member-countries within the ECOWAS sub-region. This regional […]
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Featured
Alhassan Suhuyini demands clarity on supposed Majority reshuffle
The Member of Parliament for Tamale North, Alhassan Suhuyini, is seeking clarity from the Speaker of Parliament regarding the position of the new standing orders of the house on the selection of caucus leaders. This follows rumours of a possible reshuffle in the leadership of the majority caucus, which has generated some tension among the […]
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Africa
The United States deeply committed to Africa Trade
By Julie LeBLANC The United States is deeply committed to its role as a steadfast economic and commercial partner to African nations. This commitment was recently highlighted by Secretary of State Anthony Blinken’s visit to West Africa, including stops in Nigeria – both in Abuja and Lagos – as well as in Cabo Verde, Cote […]
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