• 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

We have not engaged in any stakeholder consultation with the gov’t – IEAG

4 years ago
in highlights, Home, home-news, latest News, Trade
2 min read
0 0
0
94
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

We have not engaged in any stakeholder consultation with the gov’t – IEAG

The Importers and Exporters Association of Ghana (IEAG) has revealed that no stakeholder engagement has taken place between it and government since the suspension of the benchmark value policy.

“The secretariat of the IEAG would want to put on record that since the announcement of the indefinite suspension of the implementation of the reversed 50% benchmark values policy by government, no stakeholder engagement has taken place between the IEAG and government”, it stated.

The assertion by the IEAG follows a comment made by the Minster of State at the Finance Ministry, Charles Adu Boahen, during an investiture dinner held by the Association of Ghana Industries (AGI) to swear in its new president.

The Minister disclosed that government is set to make the final decision on the benchmark value policy before the end of January, adding, that government’s engagement with stakeholders are ongoing and will achieve a favourable outcome that will satisfy all parties involved.

Speaking at the investiture dinner, Mr Adu Boahen said, “Undoubtedly, the reversal of benchmark values is of particular concern to AGI and the wider business community. I think every speech that I have heard so far has referenced that, so I know it’s something that is of major concern to your members.

“ladies and gentlemen, I’m happy to let you know that there are continued engagements, with stakeholders ongoing, please do not give up, let’s persevere and I’m sure we’ll find ourselves with some good news before the end of the month (January) with regards to the benchmark value,” he stated.

RelatedPosts

Ranked: Top 10 Gold Mining Companies of 2025

Gold Price Sets Another Record on Flight to Safety

Ghana Football Association Introduces Minimum Salaries: GHS 1,500 for Premier League, GHS 700 for Division One and Women’s Leagues

These statements made by the Minister, the IEAG has described as unfortunate, deceptive, prejudicial and a show of gross bias towards its course in the matter of the benchmark value policy implementation.

Read: ICUMS rakes in GHS 16.08bn in 2021

“We at the IEAG deem this statement by the honorable minister Charles Adu-Boahen as unfortunate, deceptive, prejudicial and a show of gross bias towards our course in the matter of the benchmark values policy implementation,” stated the IEAG in a press statement indicating its displeasure to the comments made by the Minister.

Adding that, none of its sister organizations including the Ghana Institute of Freight Forwarders (GIFF) and Ghana Union of Trade Association [GUTA] have been consulted.

“Also, the IEAG can state unequivocally that none of its sister organizations including the Ghana Institute of Freight Forwarders GIFF and the Ghana Union of Trade Associations GUTA have been consulted on the way forward on the issues,” it added.

It furthered that the Association finds it rather shocking but also unacceptable for the Minister to have uttered such statements, giving assurance to key stakeholders in a matter that is yet to be discussed.

“It is therefore not only SHOCKING but also UNACCEPTABLE for a Minister of State who is supposed to have known better to be quoted giving assurances to a key stakeholder in a matter that is yet to be discussed by all parties”.

The IEAG has therefore entreated that the Minister should recuse himself from any stakeholder engagements on the said issue going forward and should with immediate effect, retract his statement.

Read details of statement below:

Ieag Press Release by Fuaad Dodoo on Scribd

Source: norvanreports
Tags: benchmark value policyghanaGIFFgutaImporters and Exporters Association of Ghana (IEAG)We have not engaged in any stakeholder consultation with the gov't - IEAG
No Result
View All Result

Highlights

CEOs, Executives, and Entrepreneurs Set to Gather for Transformative Leadership Dialogue in Ghana

Morocco Breaks Into Africa’s Gold Powerhouses With Discovery Of High-Grade Deposits

Repealing Ghana’s Forest-Reserve Mining Regulations: Navigating the Path From L.I. 2462 to L.I. 2501 and Beyond

Gov’t Moves to Merge Telecel Ghana and AT Ghana to Stem Losses, Protect Jobs

GTDC Launches New Tourism Platforms and Awards Scheme to Boost Sector Competitiveness

US Open: Osaka Reaches Last Four; Anisimova Upsets Swiatek to Reach Semis

Trending

Business

Ranked: Top 10 Gold Mining Companies of 2025

September 4, 2025

Ranked: Top 10 Gold Mining Companies of 2025 Gold has run a remarkable rally throughout 2025, ascending...

Gold Price Sets Another Record on Flight to Safety

September 4, 2025

Ghana Football Association Introduces Minimum Salaries: GHS 1,500 for Premier League, GHS 700 for Division One and Women’s Leagues

September 4, 2025

CEOs, Executives, and Entrepreneurs Set to Gather for Transformative Leadership Dialogue in Ghana

September 4, 2025

Morocco Breaks Into Africa’s Gold Powerhouses With Discovery Of High-Grade Deposits

September 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.