GCB finance over 30 duty vehicles for transportation of cocoa
GCB has financed the purchase of over 30 duty vehicles for the carting of cocoa from the hinterlands to the ports. The vehicles include 30 Howo light duty and 10 heavy duty trucks as well as tractors with trailers for unmotorable roads. At a short ceremony to hand over the trucks to Royal Commodities Limited, […]
Power Distribution Company takes over ECG Feb 1
All is set for Power Distribution Company (PDC) to take over the Electricity Company of Ghana(ECG) Friday. The new entity is set to assume the assets and management of the ECG after it was selected by the Millennium Development Authority (MiDA) through a bidding process. PDC is expected to inject about six hundred million dollars […]
First-Port-of-call rule to be operational 1st March
The Ministry of Finance has indicated that, the First-Port-of-Call Rule, an arrangement that allows customs officials from neighbouring landlocked countries to set up desks at Ghana’s Ports to collect taxes on transit goods, will become operational on 1st March . Deputy Finance Minister, Kwaku Kwarteng, who announced this at this year’s World Customs Day, in […]
Ghana to receive EU VPA licence soon
Ghana will soon be the first country in Africa and the second in the world to receive a licence and certification from the European Union (EU) to export timber products to its member countries, under the Ghana-EU Voluntary Partnership Agreement (VPA). EU Ambassador to Ghana, Diana Acconcia, who made this known, said the partnership agreement […]