Tag Archives: TRADE

  The immediate past President of the Ghana Union of Traders Association (GUTA) who doubles as the Chairman for the Council of Elders for GUTA, Barima Dr. Nana Ofori Ameyaw l has described the Economic Community of West African States (ECOWAS) Trade Liberalization Scheme to be promoting unfair trade practices …

Minister of Trade and Industry, K.T Hammond, has explained the rationale behind the government’s decision to suspend permits for the construction of new factories for manufacturing and bagging of Portland cement in the country will boost confidence within the local manufacturing sector. According to him, the temporary ban was to …

African foresters want a change in government policies to allow easier trade in timber, taking advantage of available forests and to weed out exploitative trade routes. They argue that archaic laws are, in fact, fuelling illegal harvesting and sale of trees which in turn cause losses to revenue agencies. This …

Africa Data Centres (ADC) will soon begin the construction of its strategic international data center as part of the Ghana Trade Fair Redevelopment Project. This serves as a major boost for Ghana in the Government’s push to make digitalisation a major economic growth pillar and employment pool for the youth. …

The US greenback has been considered one of the most powerful currencies in the world. But in recent times, some countries have made the decision to de-dollarize. De-dollarisation refers to countries reducing their dependence on the U.S. dollar as a reserve currency, medium of exchange, or as a unit of …

Brazil’s president Luiz Inácio Lula da Silva has called on developing countries to work towards replacing the US dollar with their own currencies in international trade, lending his voice to Beijing’s efforts to end the greenback’s dominance of global commerce. Kicking off his first state visit to China since taking …

80 percent of over 280,000 vehicles exported to West Africa from the Netherlands were “old and below the Euro 4/IV emission standard”, and often lacked requisite “roadworthiness certification”. • UN Comtrade data show that the European Union exported over US$275million worth of vehicles to Ghana in the last five years. …

The President of Ghana, Nana Addo Dankwa Akufo-Addo, has made new ministerial appointments. Kobina Tahiru Hammond has been appointed Minister of Trade and Industry, while Bryan Acheampong will now head the Ministry of Food and Agriculture. Other appointments are Stephen Asamoah Boateng, for Ministry of Chieftaincy; Mohammed Amin Adam, Minister …

Hopeson Yaovi Adorye, a vocal advocate of the Minister for Trade and Industry, John Alan Kwadwo Kyerematen has reacted to reports about the resignation of the minister. Accra-based Joy FM in the early hours of Friday, January 6, 2022, reported that Mr Kyerematen who is said to be lacing his …

President Nana Addo Dankwa Akufo-Addo has directed Finance Minister, Ken Ofori-Atta to serve as the caretaker Minister of Trade and Industry. The development comes after the President accepted resignation of Trade and Industry Minister, Alan Kyerematen after reports emerged he tendered his resignation on Thursday 5, 2023. Although there are no clear reasons for Alan Kyerematen’s resignation, …