Cedi Gains Cut Import Duties, Customs Hopes on Volumes
The Ghana Revenue Authority’s (GRA) Customs Division is banking on a rise in vehicle imports to make up for a significant drop in import duty revenues following the cedi’s recent ...
Tag: import duties
Lord Mensah Weighs Economic Implications of Scrapping Import Duties
Financial Economist from the University of Ghana Business School (UGBS) Professor Lord Mensah, provided a detailed analysis of the government's decision to reconsider certain import duties, particularly on vehicles for ...
Ghana’s Import Duties Strategy, Balancing Industry and Economy
In recent years, Ghana has found itself at a critical juncture in its economic development, grappling with the dual challenge of fostering local industry while managing an import-dependent economy. The ...
The Double-Edged Sword of Import Duties
In the intricate landscape of international trade, import duties stand as both a shield and a sword, protecting domestic industries while simultaneously shaping government revenues. They act as a safeguard, ...
AGI Calls for Abolition of Import Taxes on Raw Materials
The Association of Ghana Industries (AGI) has urged the government of Ghana to abolish duties on imported raw materials and the benchmark discount values to enhance local production to shore ...
Government has not increased import duties- GSA
The Director-General of the Ghana Standards Authority (GSA) Prof Alex Dodoo, has debunked claims purported by the Ghana Institute of Freight Forwarders, that import duties have been increased. According to ...
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