• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, July 4, 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

December 9, 2022
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

Business and Investor Confidence Rebounding in Ghana – AGI

AGI Launches 14th Ghana Industry and Quality Awards to Spur Global Competitiveness

Guinness Ghana Enters New Era as Castel Group Takes Majority Ownership

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

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Ghana Declares Eban-Akoma Oil Discoveries Commercially Viable
Extractives/Energy

Ghana Declares Eban-Akoma Oil Discoveries Commercially Viable

July 4, 2025
HE President John Dramani Mahama
General News

Mahama Launches “No Fee Stress” Policy to Expand Access to Tertiary Education

July 4, 2025
Corbyn And Sultana Plan New Left Party
UK

Corbyn And Sultana Plan New Left Party

July 4, 2025
Ukrainian President, Volodymyr Zelenskyy and US President, Donald Trump have a heated exchange.
Europe

Trump, Zelenskyy Agree To Strengthen Ukraine’s Air Defences

July 4, 2025
President John Mahama on peace after election
General News

Mahama Calls for Action on Peace Amid Ghana’s Global Decline 

July 4, 2025
Association of Ghana Industries (AGI), Seth Twum-Akwaboah
Vaultz Business

Business and Investor Confidence Rebounding in Ghana – AGI

July 4, 2025
Ghana Declares Eban-Akoma Oil Discoveries Commercially Viable
Extractives/Energy

Ghana Declares Eban-Akoma Oil Discoveries Commercially Viable

by Prince AgyapongJuly 4, 2025
HE President John Dramani Mahama
General News

Mahama Launches “No Fee Stress” Policy to Expand Access to Tertiary Education

by Evans Junior OwuJuly 4, 2025
Corbyn And Sultana Plan New Left Party
UK

Corbyn And Sultana Plan New Left Party

by Lawrence AnkutseJuly 4, 2025
Ukrainian President, Volodymyr Zelenskyy and US President, Donald Trump have a heated exchange.
Europe

Trump, Zelenskyy Agree To Strengthen Ukraine’s Air Defences

by Comfort AmpomaaJuly 4, 2025
President John Mahama on peace after election
General News

Mahama Calls for Action on Peace Amid Ghana’s Global Decline 

by Lilian AhedorJuly 4, 2025
Association of Ghana Industries (AGI), Seth Twum-Akwaboah
Vaultz Business

Business and Investor Confidence Rebounding in Ghana – AGI

by Stephen M.CJuly 4, 2025
Ghana Declares Eban-Akoma Oil Discoveries Commercially Viable
HE President John Dramani Mahama
Corbyn And Sultana Plan New Left Party
Ukrainian President, Volodymyr Zelenskyy and US President, Donald Trump have a heated exchange.
President John Mahama on peace after election
Association of Ghana Industries (AGI), Seth Twum-Akwaboah
[/vc_row_inner]

Recent News

  • Ghana Declares Eban-Akoma Oil Discoveries Commercially Viable
  • Mahama Launches “No Fee Stress” Policy to Expand Access to Tertiary Education
  • Corbyn And Sultana Plan New Left Party
  • Trump, Zelenskyy Agree To Strengthen Ukraine’s Air Defences
  • Mahama Calls for Action on Peace Amid Ghana’s Global Decline 
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.