• 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 Business

IEAG kick against “no duty – no exit” policy by government

3 years ago
in Business, Editor's pick, Features, highlights, Home, home-news, latest News, Maritime, Trade
2 min read
0 0
0
93
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

IEAG kick against “no duty – no exit” policy by government

Executive Secretary of the Importers and Exporters Association of Ghana (IEAG), Samson Awingobit, has kicked against the “no duty – no exit” policy instituted by at the nation’s ports by the government.

According to Mr Awingobit, the policy will render the other terminals at the Tema Port useless as  the terminals as importers will no longer wish to keep their containers at the other terminals due to the extra charges to be incurred.

 Adding that, charges applied to containers of importers by the other terminals such as that overseen by the Ghana Ports and Harbour Authority (GPHA), serve as a source of revenue to the Authority, hence the policy when effected will mean a cancellation of a revenue source for the GPHA.

Additionally, workers at the various terminals will lose their jobs.

“I pay my duty and my container is still at MPS terminal, I won’t allow my container to go to the GPHA container yard again. Which then means that if this policy is implemented, all those GPHA workers at golden jubilee will have to loose their jobs because GPHA can no longer maintain them.

“You are not getting the job, how do you make money to generate revenue to pay staff. Those staff at the container yard will also have to be rendered jobless including the safe bond terminal, then the TBT terminal and other terminals that will no longer be getting the cargo that they used to get from the port because of this policy. 

RelatedPosts

AngloGold Ashanti Doubles Earnings and Free Cash Flow on Higher Gold Prices, Production Surge in Q2 2025

Africa’s Richest Country to Boost Continental Trade Ties After U.S. 30% Tariff Hit

Nigeria Hits Panic Button as West Africa Logs $2.1bn in Suspicious Crypto Transactions

“We are saying that we will not sit down and allow this policy to take effect, and if the government pushes it to be implemented, then they should count these terminals that I’ve spoken about going out of business because no importer will agree to pay duty and still take his container to GPHA Golden Jubilee or other container terminals and pay extra charges there. 

“No importer will agree to that, I am sure that probably the government didn’t consult the custom about this policy before they introduced it, because if they had consulted Customs, they would have advised them that its technically not going to be possible,” he stated.

The “no duty – no exit” policy at the Tema Port was announced by the Minister for Finance, Ken Ofori-Atta.

According to the Finance Minister, the new policy is to improve revenue collection at the MPS Terminal at the Tema Port.

Tags: ghanaGhana Ports and Harbour Authority (GPHA)IEAG kick against “no duty – no exit” policy by government
No Result
View All Result

Highlights

CID Recovers 43 Stolen Luxury Vehicles Smuggled into Ghana

2025 Mid-Year Economic Review: Fiscal Discipline is a Necessary Pain

Ledecky’s Heroics Highlight Underwhelming US Campaign at World Aquatics Championships

CAF Establishes New Infrastructure Department to Enhance Stadium Development Across Africa

Bibiani Gold Stars Set to Begin GPL Title Defence Against Bechem United as Fixtures for 2025/26 Season Are Released

Gov’t Increases Producer Price of Cocoa to GHS 51,660 per Tonne for 2025/2026 Season

Trending

Business

AngloGold Ashanti Doubles Earnings and Free Cash Flow on Higher Gold Prices, Production Surge in Q2 2025

August 4, 2025

AngloGold Ashanti Doubles Earnings and Free Cash Flow on Higher Gold Prices, Production Surge in Q2 2025...

Africa’s Richest Country to Boost Continental Trade Ties After U.S. 30% Tariff Hit

August 4, 2025

Nigeria Hits Panic Button as West Africa Logs $2.1bn in Suspicious Crypto Transactions

August 4, 2025

CID Recovers 43 Stolen Luxury Vehicles Smuggled into Ghana

August 4, 2025

2025 Mid-Year Economic Review: Fiscal Discipline is a Necessary Pain

August 4, 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.