Ghana has issued its first certificate of full commercial trading to a ceramic tiles production company to export its products under the African Continental Free Trade Area (AfCFTA) Guided Trade initiative. In the same vein, the Customs Division of the Ghana Revenue Authority (GRA) has received the first consignment of goods under the initiative from […]
The African Continental Free Trade Area (AfCFTA) agreement has made a major breakthrough, as its Council of Ministers has now agreed on a criteria to determine the origin of 88 per cent of all products on the tariff books across the continent. Technically known as the Rules of Origin, it is the level of value […]
A New Patriotic Party (NPP) stalwart, Gabby Asare Otchere-Darko, has been appointed the new chair of the Ghana hub of the Commonwealth Enterprise and Investment Council (CWEIC). CWEIC is a commercial, not-for-profit membership organisation with an official mandate from the Commonwealth Heads of Government to facilitate trade and investment throughout the 54 Commonwealth member nations. Otchere-Darko is one […]
Lack of proper means of transporting goods to countries in the sub-region by sea is becoming a hindrance to the African Continental Free Trade Agreement (AfCFTA). Industry players have expressed the need for government to provide reliable vessels that can aid in the transportation of goods to countries like Liberia, Gambia, Guinea, and many others. […]
The government has waived import duties on imported equipment, machines and raw materials for local manufacturing companies to enable them to become competitive in the global marketplace. Since 2017, the government has also reduced some taxes, and in some cases completely removed them, provided some critical infrastructure and simplified some trade procedures to boost local […]
Ghana and the United Kingdom (UK) on Thursday February 4 finalised an agreement that will provide duty-free and quota-free access for Ghana to the UK market and preferential tariff reductions for UK exporters. Ghana’s Trade Minister Alan Kyerematen in a tweet said “I am pleased that we have finalised a new Interim Ghana-UK Trade Partnership Agreement providing […]
Trade experts in Ghana have criticized Nigeria’s bully attitude that led to the closure of its land borders from August 2019 till December 2020, and cautioned that, that kind of decision would not be condoned by the AfCFTA. Speaking on Eye on Port, the Former Deputy Minister of Trade and Industry, and the Member for […]
Kenya’s High Commissioner to Ghana, His Excellency Eliphas Mugendi Barine, has called for inter-institutional collaborations among private sector groups in African countries that would create the synergy necessary to diversify product range to meet the international demand. Speaking on Eye on Port, the Kenyan High Commissioner to Ghana, explained that because the various countries are […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has reiterated Government’s commitment to assisting Ghanaian enterprises to take advantage of the coming into force of the African Continental Free Trade Area (AfCFTA). Speaking at the 2nd National Conference on the African Continental Free Trade Area, held on Tuesday, 20th October 2020, at the Accra […]
Wamkele Mene, a South African has been sworn-in as the first Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat. Mr. Mene who was elected in February this year, was sworn-in today, Thursday, March 19, 2020 at the Headquarters of the African Union (AU) Commission in Addis Ababa. BestNewsGH.com can report that Mr. Mene […]
Representatives of the private sector of Ghana have been deliberating on how to enhance the trade and business environment in Ghana. The forum which was facilitated by the Ghana Trade Coalition, brought together participants from organized private associations, think tanks, academia and advocacy groups, to take stock of the recent successes and ongoing challenges in […]
The 2nd Ghana Investment and Opportunities Summit 2020 which took place in the United Kingdom, (UK) has been described by the Ghana Investment Promotion Centre (GIPC) as hugely successful. BestNewsGH.com is informed the Summit on theme: Accessing the African Common Market through Ghana: Technology, Digitalization and Industrialization, centred around the African Continental Free Trade Area (AfcFTA). […]
