• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 9, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Alan Kyerematen Lauds ICUMS, Calls For Continuous Upgrade To Boost Revenue Collection

Stephen M.Cby Stephen M.C
December 9, 2022
Reading Time: 8 mins read
Stephen M.Cby Stephen M.C
in Vaultz Business
0
Alan Kyerematen Lauds ICUMS, Calls For Continuous Upgrade To Boost Revenue Collection

Alan Kyerematen, Minister of Trade and Industry

Alan Kyerematen, the Minister of Trade and Industry, has lauded the Integrated Customs Management System (ICUMS) and thus, called for continuous improvement and upgrade of the ICUMS to make it robust and flexible to enhance its efficiency and effectiveness of revenue collection at the ports.

According to the Minister of Trade and Industry, continuous upgrades on ICUMS would help improve trade facilitation and aid the country to meet the changing dynamics of trade in the world.

Mr. Kyerematen noted that one of the biggest challenges the country faced with its trade facilitation system was the fragmented nature of the process of clearing goods with different service providers in the trade facilitation space.

RelatedPosts

No Business Can Survive This! — GUTA, FABAG Blast Government Over Tariff Hikes

AfCFTA and Afreximbank Ignite New Push to Break Barriers and Scale Trade Across Africa

Africa’s $6 Trillion Trade Opportunity: GEPA Rallies Nations to Unlock Intra-Continental Power

2Q==

“So, in 2017, the ruling government decided to review the entire trade facilitation regime and customs administration. It was clear to us that the different service providers working on different platforms did not augur well for efficiency in trade facilitation. So we took a decision to identify a globally advanced and knowledgeable company to develop an end-to-end system to facilitate effective and efficient trade facilitation.”

Alan Kyerematen

Mr. Kyerematen noted that as was associated with every new system, there were some teething challenges with the implementation of the system but now all those has been resolved. He mentioned some of the challenges, citing Ghanaians’ adaptation to the Uni-Pass system trade facilitation regime and appreciation of the system by the various stakeholders of the trade facilitation space as the main challenges. “But, today, we are celebrating ICUMS. As political leaders, we were convinced the Uni-Pass/ICUMS would work,” he stated.

The Initial Challenges

Mr Kyerematen stated that within the first three months of implementation of the ICUMS, in spite of the initial challenges, the revenues generated were enormous. He indicated that the system is being strengthened to make it more robust. The minister noted that the ICUMS were initially piloted at various border revenue collection points before being rolled out at the Tema and Airport where there were bulk cargoes.

The Minister made this known when speaking at a meeting with a six-member delegation from CUPIA at the African Continental Free Trade Area Secretariat in Accra.

The delegation is in the country to see at first hand the operations of the Integrated Customs Management Union System (ICUMS) being run by Ghana Link, a trade facilitation company, at the country’s ports. They were accompanied by the Executive Chairman of Ghana Link, Nick Danso Adjei, and some senior staff members.

gra

Ghana Link in July 2018 signed an agreement with CUPIA of South Korea to develop the Uni-Pass National Single Window End-to-end trade facilitation system known in Ghana as the Integrated Customs Management System (ICUMS) for the clearing of goods in the various ports and borders of the country.

The CUPIA team had earlier visited the Commissioner General of the Ghana Revenue Authority (GRA), Reverend Amishaddai Owusu-Amoah, and some senior officials of the Authority.  Also, there was a six-member delegation from the Gambia Revenue Authority and Finance Ministry, who are in the country to study the country’s implementation of the Uni-Pass system.

READ ALSO: Global Digital Economy Estimated To Worth US$11.5 Trillion- Ursula

Tags: Alan KyerematenCUPIAGRAICUMSrevenue
Please login to join discussion
Previous Post

Global Digital Economy Estimated To Worth US$11.5 Trillion- Ursula

Next Post

Celine Dion Reveals Health Condition

[mc4wp_form id="1264"]

Related Posts

Israel, Hamas Agree To First Phase Of Trump’s Gaza Peace Plan
Asia

Israel, Hamas Agree To First Phase Of Trump’s Gaza Peace Plan

October 9, 2025
Government Statistician Cautions Against Complacency After Inflation Drops
General News

Government Statistician Cautions Against Complacency After Inflation Drops

October 9, 2025
Minister for Sports and Recreation, Hon. Kofi Idi Adams
General News

Govt Not Introducing New Tax for Sports Fund – Sports Minister Clarifies

October 9, 2025
OPEC Projects 23 Million bpd Oil Deficit by 2030 Without Investment 
Extractives/Energy

Ghana’s Oil Production Drops by 26% in First Half of 2025 

October 9, 2025
GSE Soars as Benchmark Index Hits Record 8,484 Points — Year-to-Date Gains Surge Past 73%
Securities/Markets

GSE Soars as Benchmark Index Hits Record 8,484 Points — Year-to-Date Gains Surge Past 73%

October 9, 2025
Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, and Spain’s Ambassador to Ghana, H.E. Ángel Lossada Torres-Quevedo
Economy

Ghana Seals 4th Debt Agreement with Spain – Ato Forson Targets Completion by Year-End

October 9, 2025
Israel, Hamas Agree To First Phase Of Trump’s Gaza Peace Plan
Asia

Israel, Hamas Agree To First Phase Of Trump’s Gaza Peace Plan

by Comfort AmpomaaOctober 9, 2025
Government Statistician Cautions Against Complacency After Inflation Drops
General News

Government Statistician Cautions Against Complacency After Inflation Drops

by Silas Kafui AssemOctober 9, 2025
Minister for Sports and Recreation, Hon. Kofi Idi Adams
General News

Govt Not Introducing New Tax for Sports Fund – Sports Minister Clarifies

by Evans Junior OwuOctober 9, 2025
OPEC Projects 23 Million bpd Oil Deficit by 2030 Without Investment 
Extractives/Energy

Ghana’s Oil Production Drops by 26% in First Half of 2025 

by Prince AgyapongOctober 9, 2025
GSE Soars as Benchmark Index Hits Record 8,484 Points — Year-to-Date Gains Surge Past 73%
Securities/Markets

GSE Soars as Benchmark Index Hits Record 8,484 Points — Year-to-Date Gains Surge Past 73%

by Stephen M.COctober 9, 2025
Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, and Spain’s Ambassador to Ghana, H.E. Ángel Lossada Torres-Quevedo
Economy

Ghana Seals 4th Debt Agreement with Spain – Ato Forson Targets Completion by Year-End

by Evans Junior OwuOctober 9, 2025
Israel, Hamas Agree To First Phase Of Trump’s Gaza Peace Plan
Government Statistician Cautions Against Complacency After Inflation Drops
Minister for Sports and Recreation, Hon. Kofi Idi Adams
OPEC Projects 23 Million bpd Oil Deficit by 2030 Without Investment 
GSE Soars as Benchmark Index Hits Record 8,484 Points — Year-to-Date Gains Surge Past 73%
Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, and Spain’s Ambassador to Ghana, H.E. Ángel Lossada Torres-Quevedo
[/vc_row_inner]

Recent News

  • Israel, Hamas Agree To First Phase Of Trump’s Gaza Peace Plan
  • Government Statistician Cautions Against Complacency After Inflation Drops
  • Govt Not Introducing New Tax for Sports Fund – Sports Minister Clarifies
  • Ghana’s Oil Production Drops by 26% in First Half of 2025 
  • GSE Soars as Benchmark Index Hits Record 8,484 Points — Year-to-Date Gains Surge Past 73%
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.