• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home highlights

ICUMS the best-ever trade facilitation tool deployed at the ports, ACHAG President says

4 years ago
in highlights, Home, home-news, latest News, Maritime, Trade
2 min read
0 0
0
327
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

The President of the Association of Customs House Agents Ghana (ACHAG), Yaw Kyei, has described the Integrated Customs Management System (ICUMS) as the best-ever trade facilitation tool to be deployed at the nation’s seaports.

His assertion follows the record processing time seen under the ICUMS as goods are now cleared at the Ports within hours.

Speaking on Eye on Port to assess the first year of the implementation of ICUMS at the Ports, he said payment of duties can be made far in advance before the vessel arrives which inures to the benefit of the importer and the government.

“If you have the money sitting in your bank account and all your documents are ready you can pay the duty. The major advantage the importer will have is that he or she will avoid the increment in the exchange rate,” he said.

He also lauded the electronic processing of documentation under the ICUMS as the best of its kind. 

Yaw Kyei said the only challenge freight forwarders had with ICUMS at its initial stage was the transitional period which they believed could have been better organized.

He said the criticism from freight forwarders shouldn’t be misconstrued as being against the implementation of the ICUMS, but rather geared towards offering solutions to the initial challenges.

RelatedPosts

Ghana, Germany Sign Sixth Bilateral Debt Agreement Under Ongoing Restructuring Programme

BoG Governor Warns Ghana’s Economic Stability Still Fragile Despite Positive Indicators

Government Reaffirms Commitment to Lithium Exploration Despite Project Delays

Read: Newcore excited about Ghana’s Enchi gold mine; says mine has ‘tremendous upside’

“We (freight forwarders) were not against ICUMS. ICUMS initially had challenges and we did our best to criticize, make suggestions and cooperate massively with them to see the system as we have now,” he said.

Speaking on the same programme, the Deputy Commissioner of the Customs Division of the Ghana Revenue Authority incharge of Suspense Regimes who doubles as the Chairman for the ICUMS Implementation committee, Emmanuel Ohene, said a robust cargo management system has been put in place which has ensured high level of compliance.

He also touted the ICUMS as having reduced revenue loopholes that used to exist at the Ports.

“The robust system we have in place encourages voluntary compliance and once we have voluntary compliance it is much easier to get the system to flow and ensure that loopholes which hitherto existed are blocked,” he said.

Mr. Emmanuel Ohene disclosed that prior to the deployment of ICUMS, automation for Customs did not cover more than 60 percent of the country but after its deployment, automation for Customs across the country has been increased to 93 percent.

“Now we are able to account for every revenue in the ICUMS,” he said.

Also: 1D1F to soon receive $300 million boost from US EXIM Bank

Yaw Kyei averred that the of automation ICUMS makes it difficult for importers to over or under declare their cargo, adding that employing fraudulent means to clear goods at the Ports have been minimized.

The Chairman of the ICUMS Implementation committee, Mr. Emmanuel Ohene indicated that the cost of doing business at the Ports has been reduced following the implementation of the ICUMS.

He revealed that a state warehouse management system is being developed to fully automate the auction process.

Mr. Yaw Kyei believes the automation of the auction system will do away with a lot of leakages.

The Deputy Commissioner-Suspense Regime revealed the next phase of the ICUMS implementation will see the role out of several modules by the end of the year.

Mr. Yaw Kyei called for an effective call center to help address challenges that may arise in the clearance of goods at the Ports.

Source: Eye on Port
Via: norvanreports
Tags: Chairman for the ICUMS Implementation committeeEmmanuel OheneIntegrated Customs Management System (ICUMS)President of the Association of Customs House Agents Ghana (ACHAG)
No Result
View All Result

Highlights

NTCA 2025: Ghana Charts AI-Driven Future as Industry Leaders Honoured for Digital Innovation

Ghana Link Dominates NTCA 2025, Wins Six Awards for Excellence in Trade Facilitation and Technology Innovation

FIC Raises Alarm Over Rising Use of Mobile Money for Illicit Transactions

Gov’t Requires GHS 500m to Address Food Glut – Agric Minister

IFRIG to Intensify Public Education, Capacity Building Ahead of Non-Interest Banking Rollout by BoG – Dr Shaibu Ali

Non-Interest Banking to Broaden Financing Options for Gov’t and Private Sector – Development Economist

Trending

Business

Ghana, Germany Sign Sixth Bilateral Debt Agreement Under Ongoing Restructuring Programme

November 10, 2025

Ghana, Germany Sign Sixth Bilateral Debt Agreement Under Ongoing Restructuring Programme Ghana has signed a bilateral debt...

BoG Governor Warns Ghana’s Economic Stability Still Fragile Despite Positive Indicators

November 10, 2025

Government Reaffirms Commitment to Lithium Exploration Despite Project Delays

November 10, 2025

NTCA 2025: Ghana Charts AI-Driven Future as Industry Leaders Honoured for Digital Innovation

November 10, 2025

Ghana Link Dominates NTCA 2025, Wins Six Awards for Excellence in Trade Facilitation and Technology Innovation

November 10, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.