• About
  • Advertise
  • Privacy & Policy
  • Contact
NetbuzzAfrica.
  • Home
  • Africa
    • All
    • East & Central Africa
    • North Africa
    • Southern Africa
    • West Africa
    Liquid Intelligent Technologies

    Liquid Intelligent Technologies Zambia launches Azure Stack

    African Development Bank and Google collaborate on digital transformation in Africa

    African Development Bank and Google collaborate on digital transformation in Africa

    Yango

    YANGO Introduces State Of The Art Safety Technologies in Africa

    First National Bank to support Zambia’s capital markets

    First National Bank to support Zambia’s capital markets

    Hip Hop at 50

    Ghana Celebrates Hip Hop at 50

    Heavy rainfall in Côte d'Ivoire causes 30 deaths since April

    Heavy rainfall in Côte d’Ivoire causes 30 deaths since April

    6 killed and 4 wounded in a mass shooting in South Africa

    6 killed and 4 wounded in a mass shooting in South Africa

    Demonstrations in Kenya

    Six dead as police break demonstrations in Kenya

    African Gov'ts to Explore the Role of Coal at AEW 2023

    African Energy Week (AEW) 2023 to Explore the Role of Coal in Africa

  • People and Culture
    Cultural heritage

    Harnessing Cultural Heritage as a Catalyst for Economic Growth

    NAACP Amos C. Brown Student Fellows

    NAACP Amos C. Brown Student Fellows Return from Transformative Journey through Ghana

    Transportation Sector

    How The Transportation Sector Regained Momentum After Covid-19

    Four tips for redeploying high-value skills within your organisation

    Four tips for redeploying high-value skills within your organisation

    Top 5 African countries with the largest military personnel

    Top 5 African countries with the largest military personnel

    Owusuwah Asamoah at Face of Ghana Youth Awards

    We need women at all levels to reshape conversations – Owusuwah Asamoah

    Miss Legacy Ghana 2022

    Owusuwah Asamoah Crowned Miss Legacy Ghana 2022

    Masturbation can Boost Your Immune System

    Masturbating can boost your immune system to fight coronavirus – Doctor

    Man Borrows N400k From His Girlfriend to Marry Another Woman

    Man Borrows N400k From His Girlfriend to Marry Another Woman

  • Editor’s Pick
    African Development Bank and Google collaborate on digital transformation in Africa

    African Development Bank and Google collaborate on digital transformation in Africa

    Suakin

    Six African heritage sites under threat from climate change

    Why a court should force Apple to reinstate Fortnite

    Why a court should force Apple to reinstate Fortnite

    Addis Ababa's Bole Airport Opens New Terminal

    Addis Ababa’s Bole Airport Opens New Terminal

    How men can improve their sexual performance

    How men can improve their sexual performance

    Uterine fibroids

    How To Treat Fibroid With Supplements

    The Future is Hydroponics

    Shaping a New Food System with Hydroponics

    5 Causes of Sexual Problems in Men

    5 Causes of Sexual Problems in Men

    KAA Gent Sets €20 million on Sevilla-target Elisha Owusu

    KAA Gent Sets €20 million on Sevilla-target Elisha Owusu

  • International
    German parliament reforms skilled work immigration law

    Germany introduces new ‘Opportunity Card’ for foreigners

    Kamala Harris

    WATCH: U.S. VP Kamala Harris meets Akufo-Addo at Jubilee House

    WorldRemit

    WorldRemit Data: Families to pay up to 57% more on school supplies

    Rihanna Gives Birth, Welcomes Her First Baby

    Rihanna Gives Birth, Welcomes Her First Baby With A$AP Rocky

    Jack Dorsey

    Jack Dorsey makes $978M from selling Twitter to Elon Musk

    Elon Musk secures $46.5 bln in funding for Twitter bid

    Elon Musk secures $46.5 bln in funding for Twitter bid

    African refugees fleeing Ukraine detained in EU immigration facilities

    Africans fleeing Ukraine ‘detained’

    Russia's oligarchs

    Who are Russia’s oligarchs and how do they play into the war in Ukraine?

    Roman Abramovich

    U.K. Sanctions Roman Abramovich, Deripaska on Russia’s War in Ukraine

No Result
View All Result
  • Home
  • Africa
    • All
    • East & Central Africa
    • North Africa
    • Southern Africa
    • West Africa
    Liquid Intelligent Technologies

    Liquid Intelligent Technologies Zambia launches Azure Stack

    African Development Bank and Google collaborate on digital transformation in Africa

    African Development Bank and Google collaborate on digital transformation in Africa

    Yango

    YANGO Introduces State Of The Art Safety Technologies in Africa

    First National Bank to support Zambia’s capital markets

    First National Bank to support Zambia’s capital markets

    Hip Hop at 50

    Ghana Celebrates Hip Hop at 50

    Heavy rainfall in Côte d'Ivoire causes 30 deaths since April

    Heavy rainfall in Côte d’Ivoire causes 30 deaths since April

    6 killed and 4 wounded in a mass shooting in South Africa

    6 killed and 4 wounded in a mass shooting in South Africa

    Demonstrations in Kenya

    Six dead as police break demonstrations in Kenya

    African Gov'ts to Explore the Role of Coal at AEW 2023

    African Energy Week (AEW) 2023 to Explore the Role of Coal in Africa

  • People and Culture
    Cultural heritage

    Harnessing Cultural Heritage as a Catalyst for Economic Growth

    NAACP Amos C. Brown Student Fellows

    NAACP Amos C. Brown Student Fellows Return from Transformative Journey through Ghana

    Transportation Sector

    How The Transportation Sector Regained Momentum After Covid-19

    Four tips for redeploying high-value skills within your organisation

    Four tips for redeploying high-value skills within your organisation

    Top 5 African countries with the largest military personnel

    Top 5 African countries with the largest military personnel

    Owusuwah Asamoah at Face of Ghana Youth Awards

    We need women at all levels to reshape conversations – Owusuwah Asamoah

    Miss Legacy Ghana 2022

    Owusuwah Asamoah Crowned Miss Legacy Ghana 2022

    Masturbation can Boost Your Immune System

    Masturbating can boost your immune system to fight coronavirus – Doctor

    Man Borrows N400k From His Girlfriend to Marry Another Woman

    Man Borrows N400k From His Girlfriend to Marry Another Woman

  • Editor’s Pick
    African Development Bank and Google collaborate on digital transformation in Africa

    African Development Bank and Google collaborate on digital transformation in Africa

    Suakin

    Six African heritage sites under threat from climate change

    Why a court should force Apple to reinstate Fortnite

    Why a court should force Apple to reinstate Fortnite

    Addis Ababa's Bole Airport Opens New Terminal

    Addis Ababa’s Bole Airport Opens New Terminal

    How men can improve their sexual performance

    How men can improve their sexual performance

    Uterine fibroids

    How To Treat Fibroid With Supplements

    The Future is Hydroponics

    Shaping a New Food System with Hydroponics

    5 Causes of Sexual Problems in Men

    5 Causes of Sexual Problems in Men

    KAA Gent Sets €20 million on Sevilla-target Elisha Owusu

    KAA Gent Sets €20 million on Sevilla-target Elisha Owusu

  • International
    German parliament reforms skilled work immigration law

    Germany introduces new ‘Opportunity Card’ for foreigners

    Kamala Harris

    WATCH: U.S. VP Kamala Harris meets Akufo-Addo at Jubilee House

    WorldRemit

    WorldRemit Data: Families to pay up to 57% more on school supplies

    Rihanna Gives Birth, Welcomes Her First Baby

    Rihanna Gives Birth, Welcomes Her First Baby With A$AP Rocky

    Jack Dorsey

    Jack Dorsey makes $978M from selling Twitter to Elon Musk

    Elon Musk secures $46.5 bln in funding for Twitter bid

    Elon Musk secures $46.5 bln in funding for Twitter bid

    African refugees fleeing Ukraine detained in EU immigration facilities

    Africans fleeing Ukraine ‘detained’

    Russia's oligarchs

    Who are Russia’s oligarchs and how do they play into the war in Ukraine?

    Roman Abramovich

    U.K. Sanctions Roman Abramovich, Deripaska on Russia’s War in Ukraine

No Result
View All Result
NetbuzzAfrica.
No Result
View All Result

Half-year import revenue hits GHC 5.8bn – Bawumia

Samcilla Baakojr by Samcilla Baakojr
January 20, 2021
in West Africa
Reading Time: 4 mins read
A A
Home Africa West Africa
Share on FacebookShare on Twitter

Half-year import revenue hits GHC 5.8bn - BawumiaThe implementation of the National Single Window and Paperless Port System at the country’s sea ports is gradually yielding results to the admiration of importers and stakeholders.

Analysis of the Monthly Import Performance of the Customs Division of the Ghana Revenue Authority (GRA) between 2015 and mid-year 2018, show that the amount of revenue realized from imports has been increasing year-on-year.

READ ALSO

Ghana Celebrates Hip Hop at 50

Heavy rainfall in Côte d’Ivoire causes 30 deaths since April

The growth in revenue realized from imports over the period can largely be attributed to the strengthening of the Single Window System at the country’s ports in September 2015, when WestBlue Consulting was brought on-board to compliment the efforts of GCNet, and the recent implementation of the Paperless Port System at the country’s sea ports, spearheaded by the Vice President, Dr. Mahamudu Bawumia.

Total import revenue realized for half year 2015 was GH?3,584.11 million. This, however, increased to GH? 4,330.26 million by June 2016.

A further increase from GH? 4,330.26 million in June 2016 to GH? 5,252.43 in June 2017 was recorded.

For the first half of this year, about GH?5,798.76 million has been collected for the state from importers. The GRA projects a 30 percent growth in revenue by close of the year.

Paperless port has minimized corruption, improved revenue

Vice President, Dr. Mahamudu Bawumia, has indicated that the numerous reforms at the country’s sea trade sector have minimized corruption, and increased government’s revenue over the last few years.

According to him, the huge investments and interventions at the country’s ports were borne out of the sector’s contribution to the socio-economic development of the country hence the need to continually improve upon the gains made in the sector.

Addressing the 39th Council and Conference of the Port Managers of West and Central Africa (PMAWCA), hosted by the Ghana Ports and Harbours Authority (GPHA) in Accra, he said: “We are convinced that the port industry, if properly managed, could serve as the engine of growth for the economy. The reserve is that it could serve as hot bed for corruption. The various port reforms are meant to ensure easier transactions at the port while blocking avenues for corruption.”

Government has rolled numerous interventions in recent months as part of efforts to maximize the socio-economic gains of the maritime sectors.

Among them include the reduction in the number of inspections agencies at the port, the paperless clearance of goods as well as the scrapping of barriers along trade corridors.

Also, to smoothen the paperless port programme, the compliance phase—which was a blockade to the timely flow of the goods clearing process at the port– has been abolished.

Dr. Bawumia, in his assessment indicated that the numerous measures have caused significant strides in the port sector looking at port performance and general port efficiency and relief to the shipping community.

“The high levels of investment in the port industry are geared towards improving cargo handling and dwelling time as well as enhanced service delivery and a reduction in the cost of doing business at our ports.

These interventions have helped to reduce human interference, streamlined the clearance process, and secured national revenue collection while promoting a high level of compliance from shippers,” Dr. Bawumia indicated.

He added: “As a government, we will improve business practice in the maritime sector and strengthen ties with trade partners and also enforce strict adherence to rules and regulations relating to maritime activities within the sub-region.”

Some importers who spoke to the paper praised the Vice President for the on-going paperless reforms at the port.

They urged government to do all it can to make the paperless ports work by supporting the existing vendors (West blue and GCNet) as well as the other stake holders to deliver.

The 39th Council and Conference of the Port Managers of West and Central Africa (PMAWCA) brought together heads of various maritime administrations within the sub-region, policymakers and captains of the sea trade sector to discuss pertinent areas of concern in the industry and plan for the years ahead.

Acting Director-General of the GPHA, Micahel Luguje, in his remarks, applauded government for giving strong backing to ongoing infrastructural expansion works at the country’s ports and the numerous reforms it has rolled out to fast-track the cargo flow process.

Commenting on the main theme of the conference: “Best Practices in the Management of Port Lands”, the GPHA boss called on the need for port countries to manage port lands in a sustainably with adequate planning, especially considering that ports are sited within business and industrial areas.

He said there is growing importance of land to port communities as ports seek to expand facilities to enhance their operations and to facilitate international trade.

“Among the several future challenges that will be confronting port authorities, land management is predicted to be the major challenge as ports’ traffic grows vis-à-vis the competing needs of municipal and urban authorities for development,” Mr. Luguje noted.

He added: “We are now faced with the task of reclaiming port lands from the sea at a high cost while pricing port spaces in a way that attracts investors. Since land is very critical to ports, port lands should be planned and managed effectively and efficiently.”

Mr. Luguje stressed that the ports industry remains the leading economic pillar port countries and the conference offers the opportunity for the leadership of port administrations across West and Central Africa to deliberate on how to best manage lands to meet competing needs to maximize value.

 

theBFTonline

Tags: GhanaWest Africa
Previous Post

Black Queens to commence Nations Cup preparations

Next Post

Ghana’s Janet Amponsah, Hor Halutie make women’s 100m final at Asaba 2018

Samcilla Baakojr

Samcilla Baakojr

I write content for a living. Chicken lover.

Related Posts

Hip Hop at 50
Showbiz

Ghana Celebrates Hip Hop at 50

August 23, 2023
Heavy rainfall in Côte d'Ivoire causes 30 deaths since April
West Africa

Heavy rainfall in Côte d’Ivoire causes 30 deaths since April

July 13, 2023
Aurora Women's Conference 2023
Events

Ignite Your Passion: Join Aurora Women’s Conference 2023 for Transformational Insights

June 2, 2023
Kamala Harris
International

WATCH: U.S. VP Kamala Harris meets Akufo-Addo at Jubilee House

March 27, 2023
Next Post

Ghana's Janet Amponsah, Hor Halutie make women’s 100m final at Asaba 2018

'Akufo-Addo was misled, new AMERI deal off' – Gabby’s Statesman reports

Underlying profit gains escape the net at insurer AXA

Recommended.

Liquid Intelligent Technologies

Liquid Intelligent Technologies Zambia launches Azure Stack

September 24, 2023
Cultural heritage

Harnessing Cultural Heritage as a Catalyst for Economic Growth

September 24, 2023
Black Excellence in Sports

Global Black Impact Summit Celebrates Black Excellence in Sports

September 24, 2023
African Development Bank and Google collaborate on digital transformation in Africa

African Development Bank and Google collaborate on digital transformation in Africa

September 24, 2023
Yango

YANGO Introduces State Of The Art Safety Technologies in Africa

September 24, 2023
Pivot Digital Media Pivot Digital Media Pivot Digital Media
ADVERTISEMENT

Trending.

Black Alien Anthony Loffredo

I’m Not Human, I’m A ‘Black Alien’ – Anthony Loffredo

March 6, 2023
Kyle Burgess and Cougar

Cougar Stalks, Charges Utah Hiker for 6 Minutes

February 5, 2021
Exposed: Fauster Atta Mensah now scams as Professor John Vinzelts

Exposed: Fauster Atta Mensah now scams as Professor John Vinzelts

January 12, 2022
sex in UN official vehicle

Couple caught having sex in UN official vehicle

June 29, 2020
Couple defy lock down to have sex close to Buckingham Palace

Couple defy lockdown to have sex close to Buckingham Palace

April 13, 2020
ADVERTISEMENT

WHAT YOU MISSED

Ghana Celebrates Hip Hop at 50

by Samcilla Baakojr
August 23, 2023
0
Hip Hop at 50
Showbiz

Telling Ghana’s Own Love and Hip Hop Story in contribution to Hip Hop as a Global Culture On Sunday, 27th...

Read more

Germany introduces new ‘Opportunity Card’ for foreigners

by Samcilla Baakojr
July 29, 2023
0
German parliament reforms skilled work immigration law
International

The German parliament has passed legislation to open up new opportunities for job seekers from countries outside the EU and...

Read more

Five Nigerians join Oscars board

by Winifred Lartey
July 5, 2023
0
Five Nigerians join Oscars board
Movie

Five Nigerians from the country’s film industry Nollywood have been selected to become members of the Academy of Motion Picture Arts and Sciences.

Read more

Giving back to society not obligatory for all artists – Stonebwoy

by Winifred Lartey
July 4, 2023
0
Stonebwoy
Showbiz

Stonebwoy has a strong stance against illegal mining, popularly known as galamsey. He recently commissioned boreholes for communities in the...

Read more
NetbuzzAfrica.

© 2023, Netbuzz Africa. All Rights Reserved.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Africa
  • People and Culture
  • Editor’s Pick
  • International

© 2023, Netbuzz Africa. All Rights Reserved.