Deputy Minister of Trade and Industry, Herbert Krapa, has announced that Ghana, together with seven other countries are set to commence trading under the African Continental Free Trade Area (AfCFTA). So far, 54 African countries have signed the AfCFTA agreement with 46 including Customs Union having submitted their tariff offers. …
Read More »10 students assault teacher after he spotted them trading illicit drug
The Ghana Police Service have arrested 10 students of the Anyinasin Methodist Junior High School for allegedly assaulting a teacher in Akyem-Kukurantumi in the Eastern Region. The students reportedly assaulted the teacher who punished them for trading an illicit drug called D10 in school. According to a Daily Guide report, the …
Read More »Fast track plans for trading in Chinese Yuan instead of US dollar – GUTA to Gov’t
The Ghana Union of Traders (GUTA) has called for the fast-tracking of moves to ensure that Ghanaian traders are able to trade more in the Chinese Yuan when doing business with China. Such a move is expected to reduce pressure on the Cedi because imports will not be done with …
Read More »Why Dubai could become the trading point of Ghana’s cocoa
The Chief Executive Officer of the United Arab Emirates Trade Centre, Mr. Walid Hareb, has urged Ghana to establish a cocoa trading platform in Dubai. According to him, the platform, which could be a pilot project, would make Dubai the central point of Ghana’s cocoa, where the raw beans and …
Read More »Nigeria hints of reopening borders; Ghana’s trade community welcomes decision
More than a year after it closed its land borders, Nigeria is considering reopening them as soon as possible, according to its President, Muhammadu Buhari. The announcement was made during a meeting with governors on the platform of the ruling All Progressives Congress (APC) in Abuja. Sources say Nigeria first …
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