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Information Pays> Afrique de l’Ouest > Ghana

Agency Details
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Antrak Ghana (GH) Ltd
PO Box 2067,
Kumasi,
Ghana
Tel: (+233)5132260
Fax: (+233) 5132262
E-Mail: antraks@africaonline.com.gh

Antrak Ghana (GH) Ltd
Harbour Business Area,
No 13/13 Amanful Road,
Opposite Ghana House,
P.O. Box 0712 M/C,
Takoradi
Ghana
Tel: (+233)3122779
Fax: (+233 31) 22454
E-Mail: adwowa.baiden@gh-antrak.com

Mensah Utreh Rd. P.O. Box 148,
The Commercial Warehouse Area
Tema Harbour,
Tema
Ghana
Tel: (+233) 2221 8466
Fax: (+233) 22218461
E-Mail: tma.hboakye@african-agency.com

Click here for a list of all OTAL agency offices

Antrak Freight is a Ghanaian owned company whose principal activity is clearing and forwarding of import and export cargo. They have offices in Tema, Takoradi, Kumasi, Accra and at Kotoka International Airport. Antrak covers the whole of Ghana and also into Togo, Burkina Faso, Ivory Coast, Mali and Niger.

Antrak operates a fleet of 53 trucks and trailers out of Tema and Takoradi, suitable for all types of cargo. From heavy duty Low Loaders, capable of carrying loads up to 100 tonnes, to the standard 40’ Flatbeds and 20’ Skeletal units. Plus light trucks and pick ups for the movement of smaller consignments. Facilities include a storage terminal and a comprehensively equipped workshop and transport yard in Tema and a storage terminal and workshop in Takoradi.

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Tema Port

Tema Port Information
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[ Port Infrastructure ] [ Tema Container Terminal ] [ Port Security & ISPS ] [ X Ray Scanner ] [ Port Statistics ] [ News ]

Tema port infrastructure

Tema city and port lies in southeastern Ghana along the Gulf of Guinea (Atlantic Ocean), 18 miles (29 km) east of Accra. Tema Port is the biggest of two sea ports in Ghana. It has water-enclosed area of 1.7 million square metres and a total land area of 3.9 million square metres.

The Port of Tema is more than a mere loading or unloading place for goods. It is also a traffic junction, where goods are transhipped and transit cargo destined for the hinterlands/landlocked countries of Burkina Faso, Mali and Niger are handled.

It is equally a port with a wide range of industrial and commercial companies, producing or handling among others petroleum products, cement, food items, iron and steel, aluminium products and textiles.

Opened formally in 1962, Tema's harbour encloses 410 acres (166 hectares) of sea and is Africa's largest man-made harbour. There are 3 miles (5 km) of breakwaters, 12 deepwater berths, an oil-tanker berth, and a dockyard, warehouses, and transit sheds.

The port's container yard is capable of holding over 8,000 TEU's at any given time. There are 290 reefer points available. A separate fishing harbour with cold-storage and marketing facilities is east of the lee breakwater.

The government acquired 64 square miles (166 square km) of land north of the harbour and entrusted it to the Tema Development Corporation (1952). The “New Town” that was subsequently built on the site was planned as an industrial-residential complex. There was a large influx of population beginning in the 1960s owing to the new employment opportunities, but the corporation was unable to construct housing and provide other services to meet the needs of this migration. The result was the creation near Tema in an area called Ashiaman.

Tema port was commissioned in 1962. The harbour which was a monumental legacy of the late Osagyefo Dr Kwame Nkrumah, President of the First Republic, who was anxious to see rapid industrialization of the country.

Most of the country’s chief export, cacao, is shipped from Tema. Manufactures include aluminium, steel, refined petroleum, soap, processed fish, chocolate, textiles, cement, and chemicals.

Tema port handled 6.3 million tones of cargo in 2000, nearly three quarters of total sea-borne trade for Ghana, whilst the export was little over half of sea-borne exports. For 2001 this figure dropped slightly to 6.14 million tonnes. Of this 5.07 million tonne was imports and 783,000 tonne exports and 283,000 tonne was transit cargo.

Anchorage
The port's anchorage is between three-quarter and two miles ( ENE - SW) of the harbour entrance. It has a depth of 30-60 metres with a good holding ground.
Pilots Pilotage is compulsory for all vessels of more than 10 NRT when entering and leaving the main harbour or moving berth
Towage
Towage is compulsory within the harbour. The port has six 1,380 h.p tugs. The tugs join arriving vessels at the harbour entrance and departing vessels alongside berth.
Radio
The port operates a 24-hour watch on VHF channels 14 and 16 and any other convenient channel. The signal station has the capacity to reach vessels 70 miles away.
Ship Repair
Drydock and slipway facilities are provided within the port by PSC Tema Shipyard Limited. It has a 100,000 dwt capacity. The facility is served by 60 tonnes and 20 tonnes mobile cranes. It measures 277.4 metres long,4.5 metres wide and has 8.2 metres of water on the still.
Berths
The port of Tema has 11 multi-purpose berths located on two quays. Each berth has a length of 183m thus making a total quay length 2,013 metres. Berth depth ranges from 7.65m on berth 12 to 11.5m on berths 1 &2. There are also two specialized berths- one for handling alumina, pitch, coke and the other for petroleum.
Warehousing/Storage The port has both open and covered areas for the storage of cargo. This includes:
(a) About 18 hectares of paved area for the storage of containers
(b) A 1.3 hectar import Container Freight Station
(c) More than 50,000 square meters of open transit storage is for conventional cargoes and vehicles. In addition, there are about 24 hectares of covered storage space at the commercial warehouse area located outside the port security fence. Two companies - Tema Container Terminal and Atlas Engineering Company have storage facilities for containers and vehicles, respectively.

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Transport News
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Integration Of IDF Forms Into GCNet/GCMS - 05/03/08
The Customs Excise and Preventive Service, in consultation with the Ministry of Trade & Industry PSD/PSI [MOTI] has announced that processing of import declaration forms [IDF] will be integrated into the GCNet/GCMS system. Importers will be required to submit the relevant information to their Customs House Agents or Declarants who will capture information at their Front End System [FES] and submit to GCNet. Upon validation, the completed IDF will be electronically submitted to GCMS and all concerned Agencies including Destination Inspection Companies. The existing IDF will therefore be replaced by a computer generated version. The current fee of GHc5.00 will be paid to MOTI through the CEPS/GCNet participating banks at the time of payment of Customs duties and taxes. A pilot project is to start at KIA on 03/03/08 with other areas announced in due course. For further information please visit the CEPS website [www.gcnet.com.gh] or contact Ghana tel: 021 677001 / 0287104019.

Ghana Joins Rush To Secure EU Trade
Ghana has signed an interim trade deal with the European Union on 13/12/07, joining a rush among poor countries to safeguard exports to the world's biggest trading bloc after preferential terms expire at the end of the year.

Ghana's deal provides for the immediate abolition of tariffs on virtually all exports to Europe, and for the gradual dismantling over 15 years of tariffs on 80%of imports from the 27-member bloc. The remaining 20% of imports are deemed "sensitive products" which will be subject to tariffs even after the 15-year transition period to promote economic development, food security, employment and government revenue generation.
The deal also abolished quotas on Ghana's banana and tuna exports, meaning the country could ship as much of those products to the EU as it could sell. [Reuters 13/12/07]

Ghana Focuses On Non Traditional Exports
Ghana last year exported non-traditional exports [NTE’s] to the tune of US$893 million, representing a 14.8% growth over the 2005 figure of $778 million. The target of US$1 billion is however yet to be achieved. According to figures from the Ghana Export Promotion Council [GEPC], emerging economies accounted for 11.90% of the country’s exports of NTEs, while other developed countries outside the EU also accounted for 11.07% and other African countries constituted only 2.82 %.

The GEPC report indicated that during the periods of 2005 to 2006, all the markets recorded positive growth with the exception of the ECOWAS market that recorded a negative growth of -0.52%. The decline was as a result of the relative difficulty in accessing the Nigerian market even by companies with approval under the ETLS. The EU market performance grew by 13.88% while the markets in the other African countries, other developed countries, including emerging markets grew by 34%, 33.55% and 47.22% respectively.

In 2006, Ghana’s single largest market for NTEs was the United Kingdom which accounted for 12.12% of total NTEs, worth US$108.2 million, representing a decline of 4.6% of the previous year’s figure of US$113.5 million.

Cocoa paste veneer sheets, prepared tuna, cocoa butter, plywood, frozen tuna, shea nuts, cut fresh pineapples, other prepared fish and frozen fish, accounted for 51.7% of total exports worth US$461.7 million dollars. Cocoa paste which is the highest earner contributed 10.71% with a value of US$95.6 million, representing 226% increase over the 2005 figure of US$29.3 million. This was due to significant increase in the future prices of the product last year on the London futures market. Additionally, the increase was also partly due to expansion of Barry Callebaut Ghana Limited, a major exporter of cocoa paste. [Modern Ghana 15/11/07]

Ghana Bans Transit Of Foreign Cocoa Across Country
Ghana has banned the overland transit of cocoa and cocoa waste from neighbouring states across its territory to stop this being used as a cover for smuggling Ghanaian beans out of the country. Stephen Ntim, deputy chief executive of industry regulator Cocobod, stated some foreign cocoa merchants who obtained customs permits to transport cocoa from the Ivory Coast through Ghana to Togo were found to have been smuggling beans produced in Ghana's high-yielding Western cocoa region.

Recently, Ghana's Commissioner of Customs ordered the cancellation of permits granted to foreign companies engaged in the overland transit of foreign cocoa beans and cocoa waste, but the government was now transforming this into an all-out ban. Ntim said although Ghana paid higher farm-gate prices than its neighbours, including Ivory Coast, merchants in those countries often preferred to have Ghana's cocoa to mix with their stock and improve its value. Ghanaian cocoa is ranked among the world's best in terms of quality and enjoys a high premium.

Local authorities in the eastern Volta Region, which shares a border with Togo, said smuggling of cocoa was on the increase and they were setting up a task force of farmers, local chiefs and young people to combat the illicit trade. Jasikan, Hohoe and Kadjebi growing areas are the main focus of the proposed taskforce in the east. As part of the anti-smuggling efforts, Cocobod has been providing vehicles and incentives to a unit of the armed forces that patrols the country's borders to stop smuggling of cocoa from high yielding areas such as Western, Brong Ahafo and Ashanti regions. [Reuters 30/11/07]

GCNet: Temporary Vehicle Imports Module
GCNet and CEPS have announced that a new module covering Temporary Vehicle Import (TVI) operations at land borders will go live in Elubo, Aflao and Paga on 02/01/08. The TVI Module will replace the existing manual system based around the C59 form.

Over an extended period of time CEPS has faced a major challenge regarding the control of vehicles that are temporarily imported into Ghana across land borders. The reliance on manual forms has made it extremely difficult to ascertain whether vehicles temporarily imported into Ghana overstay the 90 day statutory period or in fact are ever re-exported. This issue has posed a significant risk of revenue leakage; temporarily imported vehicles may never be re-exported, instead being illicitly registered as Ghanaian vehicles.

CEPS and GCNet have designed a module that integrates Temporary Vehicle Import (TVI) operations at the land borders more closely into the Ghana Customs Management System. The new module will provide CEPS with the tools necessary to capture vehicle data at source, receive payments due, close TVIs online and automatically reconcile imports with re-exports. [12/12/07]

Import Declaration Form Responsibilities

The Ghana Standard Board wishes to remind importers that some importers do not meet the requirements stated under the general conditions of the Import Declaration Form and the LI 1541. Part D of the conditions state: “It is the responsibility of the importer to declare all relevant standards applicable to goods covered on this IDF and to advise his supplier of the same”. In this regard, importers are strongly advised too procure copies of the relevant standards of their imported goods and inform their suppliers accordingly. Information can be obtained from the National Enquiry Point [NEP] Ghana Standards Board.

Secondly all goods imported into Ghana must meet the requirements of the Ghana Standard Board general labelling rules 1992 [LI 1541]. Goods that do not meet the requirements are deemed to be sub-standard. Contact Ghana 021 500065/6 for more details.

New Marine Block Inaugurated
The minister of Ports, Harbours and Railways, Prof. Christopher Ameyaw Akumfi has announced that his Ministry would next year take delivery of five new vessels from the US government. The Minister disclosed this at the inauguration of a new marine block at the Tema Port, constructed by the Ghana Ports and Harbours Authority (GPHA) at the cost of ¢9 billion to house all marine staff.

GPHA To Rehabilitate Tema Transit Shed 7
The Ghana Ports and Harbours Authority [GPHA] intends to rehabilitate transit shed no 7 at Tema port and has invited sealed tenders from eligible contractors.

Pilot Electronic Permit Scheme Successful
The pilot project for the issuance of electronic permits from the Environmental Protection Agency [EPA] has been successfully completed. As such no manual permits will now be issued. Effective 01/12/07 all importers and agents should apply for clearance permits through the Ghana Community Network Services [Gcnet] system: www.ghanatradenet.com

It is anticipated that this move will bring improved processing times while providing EPA and CEPS with greater levels of security and enhanced monitoring and control capabilities. EPA now joins the following agencies in the use of electronic Permits and Exemptions [29/11/07]


· Ghana Investment Promotion Centre
· Minerals Commission
· Ghana Free Zones Board
· Ghana Standards Board

GCNet New Contacts
GCNet and Kasapa have changed phone lines used by the GCNet Call Centre [24/11/07]. The new call centre telephone numbers are:


[+233} 287 104020
[+233} 287 104021
[+233} 287 104022
[+233} 287 104023
[+233} 287 104024
[+233} 287 104025
[+233} 287 104026
[+233} 287 104028
[+233} 287 104029

Two German Trade Missions Visit Ghana
A Trade Mission of the German Federal Ministry visited Ghana from 12-16/11/07. The Mission was organised in collaboration with the Ghanaian-German Economic Association [GGEA] and the Chamber of Commerce of Munich and Upper Bavaria. The 12 participating companies represented IT services, renewable energies, power generation, trading, finance and legal services. The delegation held talks with the Government of Ghana - the Minister for Ports, Railways and Harbours Prof. C. Ameyaw Akumfi, the Minister of Agriculture, Ernest Debrah, the Deputy Minister of Trade and Industry K. Agyeman-Manu, the CEO of GIPC, Mr. Robert Ahomka-Lindsay and representatives from the Ministry of Energy.

A Forum, "Doing Business in Ghana" was organised to receive firsthand information on business opportunities in Ghana from the private sector. Other parts of the programme included a matchmaking day with over 70 Ghanaian Companies and a study tour to various companies including CEPS, MAERSK, Nestlé, GAFCO and others.

Trade between Ghana and Germany amounts to 283,5 million. [Exports from Ghana to Germany at 125 million and imports to Ghana from Germany at 158 million.] First figures from 2007 indicate that this volume will increase again. Germany is the 6th biggest foreign investor in Ghana. [AM 21/11/07]

A trade mission from the German Federal Land North Rhine-Westphalia, headed by German ambassador Dr. Marius Haas is currently visiting Ghana to establish economic ties. [GC 28/11/07]

Construction Of Ferry Landing At Awudzakope, Lake Volta
The Ministry of Harbours and Railways intends to construct a ferry landing station at Awudzakope for the Volta Lake Transport Company to ensure all year round crossings from Yeji to Makango. [DG 01/11/07]

Ghana Cocoa Board Invests In New Cocoa Warehousing
The Ghana Cocoa Board has secured a medium-term facility of US$150 million, part of which would be used to expand and build new warehousing facility at Takoradi and Tema to avoid congestion at the take-over centres. A new 50 000-tonne capacity warehousing complex at Tema is now in use while conveyor belts are being installed at the new warehouses to facilitate operations. In addition, the board is renting parking lots in Takoradi and Tema, where vehicles carrying cocoa would await their turn to be off-loaded at the take-over centres on the basis of time of arrival to ease congestion at the centres. [Buanews 22/10/07]

Cargo Levels Hit New Highs
Estimates put cargo coming in and going out of Tema and Takoradi ports in 2006 at an all-time high of 13.4 million tons, up from 4.9 million tons recorded a decade earlier. [PA 19/10/07]

CEPS Instructed to Retrieve Rescheduled Duties Importers
Parliament has urged the Customs, Excise and Preventive Service (CEPS) to ensure that importers pay rescheduled import duties. The committee directed CEPS to retrieve monies and surcharge organisations that had defaulted despite being reminded by CEPS. Upon applications to CEPS, payments were rescheduled for periods ranging between two and six months but CEPS failed to sanction them and more than 250 million Ghana cedis remained outstanding. [AM 24/10/07]

Exporters Want Access To China
Exporters who attended the 2nd 2007 Exporters’ Forum organized by the Ghana Export Promotion Council (GEPC) in Accra observed that access to China’s market has become more complicated due to freight problems in Ghana. Exporters have called on the government and GEPC to improve existing relations with China in order to access their market. Deputy Minister of Trade and Industry, PSI and PSD Gifty Ohene-Konadu observed that there are a lot of challenges that need to be addressed, adding that consultations are on going with various stakeholders to fine tune the Ghana Trade Policy Document that will become the blueprint for an accelerated development of the trade sector. [DE 22/10/07]

Ghana Reviews Tax Exemptions To Check Revenue Loss
The government will review the tax exemption regime to curtail the continuous revenue losses through tax exemptions. Available records at the Ministry of Finance and Economic Planning indicate that in 2006, the country lost an estimated revenue of 2.3 billion Ghana Cedis through tax exemptions. To reverse this trend, the government has decided to review the exemption regime as a whole, reduce the scope of the exemptions and eliminate abuses in the administration and application of the tax exemption facility. Additionally, a Deputy Governor of the Central Bank revealed that the country’s debt sustainability indicators have fallen over the last three years (2003-2006). He assured the nation that there would be no relapse into unstable debt, which would affect the maximization of benefits from sovereign bonds. The debt to GDP ratio fell from 72% in 2003 to 18% in 2006. Debt to export ratio also was down from 176% in 2003 to 42% in 2006. In addition, debt to revenue ratios declined from 300% in 2003 to 65% in 2006. [01/11/07]

Alternatives To EPAs If Not Signed?
As there is strong likelihood that the economic partnership agreements will not be signed at the set date of 31st December, 2007 because of the delay recorded in the ratification process, several alternatives have been suggested by governments, civil society and the European Union [EU]. As a result, the concern of African countries engaged in the negotiations is to see the EU adopt transitional measures that make it possible to ensure the access of products exported from Africa on its market after the deadline.

The Ghanaian authorities have a positive approach on negotiating an Economic Partnership Agreement [EPA]. They feel, however, that many points still need to be elaborated on the West African regional level which make - in their opinion -finishing the negotiations for the full EPA very difficult, if not impossible. On the other hand, the Ghanaian authorities are very concerned about the possibility of a legal vacuum as from December 31, 2007 [for not signing an EPA] that would lead to important trade disruptions.

Ghanaian authorities, to avoid such disruptions, proposed a "Generalised System of Preferences [GSP] -plus" as a temporary stop-gap solution. By resorting to the GSP+, the EU could still easily offer to all ACP countries good access to the markets for their exports at very similar levels to the access offered within the framework of the Cotonou Agreement, while remaining compatible with WTO rules as long as the regime remains open to other developing countries on the basis of objective and transparent development criteria. Fifteen developing countries, mainly in Latin America, are currently benefiting from preferential access to the European market within the framework of this programme.

The GSP+ would provide a high level of coverage for ACP exports that currently use the Cotonou preferences. In 88% of the cases where the standard GSP applies higher tariffs than those of Cotonou, access without paying customs duties is provided for under the GSP+.

The relevance of the GSP+ can only be analysed through a detailed examination, per country, of each export product. This study has analysed in detail the products targeted by the GSP+ for all blocs of developing countries in negotiation, namely in Eastern and Southern Africa, the Economic Community of West African States [ECOWAS].

More significantly, the key export sectors of horticulture, fishing and wood, sectors in which ACP member countries take special interest, will benefit from access to the EU market without paying customs duties under the GSP + by 2008 would guarantee to exporters and investors, in these key export sectors, the certainty they need for the continuation of their exports. This would relieve EPA negotiations of excessive and useless pressure in terms of time, and would enable ACP countries to continue negotiations beyond 2007, with or without negligible interruptions of on-going trade exchanges.

However, EU has rejected the GSP+ and it is believed that the Ghanaian Authorities were working on other proposals to avoid trade disruption and provide legal security. They seem to consider the signing of an "EPA-light" as an interesting possibility. The "EPA-light" would be a stop-gap solution, whilst WA and the EU will continue negotiating the comprehensive pro-development EPA which remains the ultimate objective.

"EPA- light" would have the same safety-valves for WA as proposed with full EPAs. Sectors which would not be ready [yet] to face competition from EU can be excluded temporarily with transition phases from 5, 10 to 20 years or even longer or, when necessary - totally excluded. The other alternative - application of the Generalized System of Preference - does not have these transition modalities.

According to the head of the Trade Section of the EU in Ghana, Dick Naezer, technical work on EPAs would continue. However, no EPA would provoke a serious problem for African trade and for maximizing opportunities of African integration into the world economy. By the absence of a signed EPA, as from 01/01/08, import duties on exports from Ghana to EU would have to be applied on the basis of the Generalized System of Preferences. This would be very costly, because in such scenario WA exports to EU worth more than 1 billion Euro per year would be at risk [700 million Euro for Ivory Coast, 240 million Euro for Ghana; duties would go from 0% to more than 20% on average]. Products concerned are: bananas, pineapple, tuna, fish, shrimps, textiles cocoa paste, butter and aluminium.

Naezer explained that the EU was committed to take all the necessary measures to design an EPA supportive of sustainable development, which promotes deep regional integration and good economic governance, facilitates trade and attracts private investment to the region, thus fostering growth and creating employment. "Our joint objective is to design an EPA that takes into account both the region concerns and the regions ambitions in terms of development," he said. He said the objective of EU for WA region is to design a market access offer that takes into account the region's sensitive products, that they can be either excluded or liberalised through a very long transitional period. And the regions ambitions: early liberalisation of entrants, which means reducing costs of production and enhancing competitiveness of W/A productive sectors. [Joe Baidu-Ansah, Minister Trade, Industry - GC 03/10/07]

Ghana, Niger Shippers’ Councils Sign Pact
In an effort to increase the transit trade through Ghana’s corridor, the Ghana Shippers’ Council [GSC] has renewed a MoU with its counterpart, the Niger Shippers’ Council. The MoU, signed in Niamey on 04/09/07, is a revised version of an earlier agreement signed between the two councils in May 2000. A similar agreement was also reached with the Burkina Faso Shippers’ Council on 03/07/07.

Records show that Niger’s transit trade through Ghana has been a chequered one. The volume of trade in 1999 was 55,713 metric tonnes, and this steadily increased to a total of 104,747 metric tonnes in 2002. However, from 2003 the volume of transit trade reduced drastically from 53,465 metric tonnes in that year to 78,958 metric tonnes in 2006.

The revised MoU focuses on areas of cooperation between the two councils, establishing consultative meetings and the creation of an oversight committee to oversee implementation of the MoU. The Committee will also be expected to resolve and settle disputes. The councils also pledged to conduct joint studies and research into areas of common interest to shippers of both countries, as well as support each other as much as possible in negotiations with ship owners, agents and other service providers in the transport chain. [08/10/07]

CHRAJ Probes $16 Million GPHA Contract
The Commission on Human Rights and Administrative Justice (CHRAJ) has begun preliminary investigations into allegations of conflict of interest, insider dealing and corruption in the award and execution of a US$16.8 million GPHA contract. [Ghanaweb 08/10/07]

GMA Workshop On Port And Maritime Issues
A five day workshop organized by the Ghana Maritime Authority [GMA] in conjunction with the IMO to equip governmental agencies on Port States Control [PSC] matters aimed at ensuring maritime safety. The workshops provided the Authority with a clear roadmap covering inspections, coordination and exchange of information for effective monitoring, and enforcement of provisions of PSC conventions. [GNA 29/09/07]

Ghana's 6.5% 2007 Growth Target Achievable
Ghana's finance minister Kwadwo Baah-Wiredu has suggested an economic growth of 6.5% with inflation targeted at 7-9% by end-December 2007. Inflation currently stands at 10.5%. [Reuters 27/09/07]

German Investors Are Interested In Ghana
The Ghanaian-German Economic Association [GGEA] has held its second trade fair in Accra. Founded in 1999, the GGEA offers covering market research, mediating first contacts for companies from both countries, providing information on rules, laws and procedures and recommending legal assistance. The association has launched three business guides so far on doing business in Ghana, in Germany and in the EU, providing valuable information and guidance for bilateral trade and investment.

The bilateral trade figures between Ghana and Germany in 2006 increased to €283.5 million [€158.3 million for German exports to Ghana and €125.2 million for Ghanaian exports to Germany]. Germany imports from Ghana are mostly Cocoa [55.6%], timber [13.4%], aluminium [16.5%] and tropical fruits [5.8%] whereas Ghana imports from Germany primarily vehicles [31.1%], machinery [21.1%] and chemical products [14.6%].
118 investments of German companies have been registered so far.

Highlighting the strengthening of ties, President Köhler made a visit to Ghana in January 2007 and a third Afrika-Forum is due to take place in Germany in November 2007 where the signing of a partnership agreement between the German State of North-Rhine-Westphalia and Ghana will further enhance this interest. [Marius Haas, German Ambassador to Ghana, GGEA Business Forum 03-05/10/07]

Ghana - Burkina Faso Railway Extension Project
The Ghana - Burkina Faso railway extension project envisages a new single track rail line with a total length of 800km of which 625km will be in Ghana and 170km in Burkina Faso. The railway is expected to facilitate the smooth transportation of goods and people from Ghana to Burkina Faso. The government of Canada through the Canadian International Development Agency [CIDA], has provided funds for feasibility studies into the Ghana-Burkina Faso rail line rehabilitation and construction project. The feasibility studies will include the financial and technical viability of the project as well as its social and environmental impact. Project planners have forwarded a funding proposal to the African Development Bank. [MIGA 09/07]

Ghana Rail Privatization
Ghana has embarked on a program of privatization of its railways to improve service and efficiency. As part of the privatization efforts, the Ministry of Ports, Harbours and Railways will grant a concession to a private company for a period of 20-25 years through a Build, Operate and Transfer [BOT] arrangement. The BOT arrangement will leave the Government of Ghana with ultimate control of the railways, but operating responsibilities and delivery services will be transferred to the concessionaire, who will pay a fixed annual fee plus a percentage of the revenues. Recent meetings between government officials and foreign investors in March 2007 have resulted in Cabinet approval to start a dual carriage railway project in June. The first phase will cover Tema/Accra to Kumasi at an estimated cost of US$ 1.4 billion and it will take up to three years to construct. [MIGA 09/07]

Alternatives To EPAs If Not Signed?
As there is strong likelihood that the economic partnership agreements will not be signed at the set date of 31st December, 2007 because of the delay recorded in the ratification process, several alternatives have been suggested by governments, civil society and the European Union [EU]. As a result, the concern of African countries engaged in the negotiations is to see the EU adopt transitional measures that make it possible to ensure the access of products exported from Africa on its market after the deadline.

The Ghanaian authorities have a positive approach on negotiating an Economic Partnership Agreement [EPA]. They feel, however, that many points still need to be elaborated on the West African regional level which make - in their opinion -finishing the negotiations for the full EPA very difficult, if not impossible. On the other hand, the Ghanaian authorities are very concerned about the possibility of a legal vacuum as from December 31, 2007 [for not signing an EPA] that would lead to important trade disruptions.

Ghanaian authorities, to avoid such disruptions, proposed a "Generalised System of Preferences [GSP] -plus" as a temporary stop-gap solution. By resorting to the GSP+, the EU could still easily offer to all ACP countries good access to the markets for their exports at very similar levels to the access offered within the framework of the Cotonou Agreement, while remaining compatible with WTO rules as long as the regime remains open to other developing countries on the basis of objective and transparent development criteria. Fifteen developing countries, mainly in Latin America, are currently benefiting from preferential access to the European market within the framework of this programme.

The GSP+ would provide a high level of coverage for ACP exports that currently use the Cotonou preferences. In 88% of the cases where the standard GSP applies higher tariffs than those of Cotonou, access without paying customs duties is provided for under the GSP+.

The relevance of the GSP+ can only be analysed through a detailed examination, per country, of each export product. This study has analysed in detail the products targeted by the GSP+ for all blocs of developing countries in negotiation, namely in Eastern and Southern Africa, the Economic Community of West African States [ECOWAS].

More significantly, the key export sectors of horticulture, fishing and wood, sectors in which ACP member countries take special interest, will benefit from access to the EU market without paying customs duties under the GSP + by 2008 would guarantee to exporters and investors, in these key export sectors, the certainty they need for the continuation of their exports. This would relieve EPA negotiations of excessive and useless pressure in terms of time, and would enable ACP countries to continue negotiations beyond 2007, with or without negligible interruptions of on-going trade exchanges.

However, EU has rejected the GSP+ and it is believed that the Ghanaian Authorities were working on other proposals to avoid trade disruption and provide legal security. They seem to consider the signing of an "EPA-light" as an interesting possibility. The "EPA-light" would be a stop-gap solution, whilst WA and the EU will continue negotiating the comprehensive pro-development EPA which remains the ultimate objective.

"EPA- light" would have the same safety-valves for WA as proposed with full EPAs. Sectors which would not be ready [yet] to face competition from EU can be excluded temporarily with transition phases from 5, 10 to 20 years or even longer or, when necessary - totally excluded. The other alternative - application of the Generalized System of Preference - does not have these transition modalities.

According to the head of the Trade Section of the EU in Ghana, Dick Naezer, technical work on EPAs would continue. However, no EPA would provoke a serious problem for African trade and for maximizing opportunities of African integration into the world economy. By the absence of a signed EPA, as from 01/01/08, import duties on exports from Ghana to EU would have to be applied on the basis of the Generalized System of Preferences. This would be very costly, because in such scenario WA exports to EU worth more than 1 billion Euro per year would be at risk [700 million Euro for Ivory Coast, 240 million Euro for Ghana; duties would go from 0% to more than 20% on average]. Products concerned are: bananas, pineapple, tuna, fish, shrimps, textiles cocoa paste, butter and aluminium.

Naezer explained that the EU was committed to take all the necessary measures to design an EPA supportive of sustainable development, which promotes deep regional integration and good economic governance, facilitates trade and attracts private investment to the region, thus fostering growth and creating employment. "Our joint objective is to design an EPA that takes into account both the region concerns and the regions ambitions in terms of development," he said. He said the objective of EU for WA region is to design a market access offer that takes into account the region's sensitive products, that they can be either excluded or liberalised through a very long transitional period. And the regions ambitions: early liberalisation of entrants, which means reducing costs of production and enhancing competitiveness of W/A productive sectors. [Joe Baidu-Ansah, Minister Trade, Industry - GC 03/10/07]

Ghana, Niger Shippers’ Councils Sign Pact
In an effort to increase the transit trade through Ghana’s corridor, the Ghana Shippers’ Council [GSC] has renewed a MoU with its counterpart, the Niger Shippers’ Council. The MoU, signed in Niamey on 04/09/07, is a revised version of an earlier agreement signed between the two councils in May 2000. A similar agreement was also reached with the Burkina Faso Shippers’ Council on 03/07/07.

Records show that Niger’s transit trade through Ghana has been a chequered one. The volume of trade in 1999 was 55,713 metric tonnes, and this steadily increased to a total of 104,747 metric tonnes in 2002. However, from 2003 the volume of transit trade reduced drastically from 53,465 metric tonnes in that year to 78,958 metric tonnes in 2006.

The revised MoU focuses on areas of cooperation between the two councils, establishing consultative meetings and the creation of an oversight committee to oversee implementation of the MoU. The Committee will also be expected to resolve and settle disputes. The councils also pledged to conduct joint studies and research into areas of common interest to shippers of both countries, as well as support each other as much as possible in negotiations with ship owners, agents and other service providers in the transport chain. [08/10/07]

CHRAJ Probes $16 Million GPHA Contract
The Commission on Human Rights and Administrative Justice (CHRAJ) has begun preliminary investigations into allegations of conflict of interest, insider dealing and corruption in the award and execution of a US$16.8 million GPHA contract. [Ghanaweb 08/10/07]

GMA Workshop On Port And Maritime Issues
A five day workshop organized by the Ghana Maritime Authority [GMA] in conjunction with the IMO to equip governmental agencies on Port States Control [PSC] matters aimed at ensuring maritime safety. The workshops provided the Authority with a clear roadmap covering inspections, coordination and exchange of information for effective monitoring, and enforcement of provisions of PSC conventions. [GNA 29/09/07]

Ghana's 6.5% 2007 Growth Target Achievable
Ghana's finance minister Kwadwo Baah-Wiredu has suggested an economic growth of 6.5% with inflation targeted at 7-9% by end-December 2007. Inflation currently stands at 10.5%. [Reuters 27/09/07]

German Investors Are Interested In Ghana
The Ghanaian-German Economic Association [GGEA] has held its second trade fair in Accra. Founded in 1999, the GGEA offers covering market research, mediating first contacts for companies from both countries, providing information on rules, laws and procedures and recommending legal assistance. The association has launched three business guides so far on doing business in Ghana, in Germany and in the EU, providing valuable information and guidance for bilateral trade and investment.

The bilateral trade figures between Ghana and Germany in 2006 increased to €283.5 million [€158.3 million for German exports to Ghana and €125.2 million for Ghanaian exports to Germany]. Germany imports from Ghana are mostly Cocoa [55.6%], timber [13.4%], aluminium [16.5%] and tropical fruits [5.8%] whereas Ghana imports from Germany primarily vehicles [31.1%], machinery [21.1%] and chemical products [14.6%].
118 investments of German companies have been registered so far.

Highlighting the strengthening of ties, President Köhler made a visit to Ghana in January 2007 and a third Afrika-Forum is due to take place in Germany in November 2007 where the signing of a partnership agreement between the German State of North-Rhine-Westphalia and Ghana will further enhance this interest. [Marius Haas, German Ambassador to Ghana, GGEA Business Forum 03-05/10/07]

Ghana - Burkina Faso Railway Extension Project
The Ghana - Burkina Faso railway extension project envisages a new single track rail line with a total length of 800km of which 625km will be in Ghana and 170km in Burkina Faso. The railway is expected to facilitate the smooth transportation of goods and people from Ghana to Burkina Faso. The government of Canada through the Canadian International Development Agency [CIDA], has provided funds for feasibility studies into the Ghana-Burkina Faso rail line rehabilitation and construction project. The feasibility studies will include the financial and technical viability of the project as well as its social and environmental impact. Project planners have forwarded a funding proposal to the African Development Bank. [MIGA 09/07]

Ghana Rail Privatization
Ghana has embarked on a program of privatization of its railways to improve service and efficiency. As part of the privatization efforts, the Ministry of Ports, Harbours and Railways will grant a concession to a private company for a period of 20-25 years through a Build, Operate and Transfer [BOT] arrangement. The BOT arrangement will leave the Government of Ghana with ultimate control of the railways, but operating responsibilities and delivery services will be transferred to the concessionaire, who will pay a fixed annual fee plus a percentage of the revenues. Recent meetings between government officials and foreign investors in March 2007 have resulted in Cabinet approval to start a dual carriage railway project in June. The first phase will cover Tema/Accra to Kumasi at an estimated cost of US$ 1.4 billion and it will take up to three years to construct. [MIGA 09/07]

Gamma Ray Scanner For Takoradi Port
A new container scanning system has been commissioned at Takoradi Port. The Gamma-Ray Scanner, known as the “Nick TC-Scan” was installed by Nick TC-Scan Limited and is the second of its kind in Ghana. Tema Port also has a similar facility which was installed by the same company.

Minister for Trade, Industry, PSD and PSI, Joe Baidoe-Ansah, speaking at the commissioning ceremony, noted that the scanner would not only contribute significantly towards the development and facilitation of trade, but also ensure that trade-related revenue would be duly collected. [Ghanaweb 05/09/07]

Maritime Industry to Create 20,000 Jobs
Promotion of employment in the maritime industry has been identified as a major step in achieving Millennium Development Goals [MDGs] by 2015. The Minister of Manpower and Employment, Nana Akomea stated the government has spent well over half a trillion cedis in engaging 105,000 youth in direct employment. This conclusion was made after the latest UNCTAD review of maritime transport revealed total world sea trade increased from 24.172 billion tonne miles in 2002 to 29.047 billion in 2005 with trade volumes also making an upsurge from 6.1bilion volume tonnes to 7.11billion.

The industry also risks shortage of supply of officers with ISF/BIMCO statistics predicting a 40,000 short fall worldwide by 2010. To develop employment potentials the UN Development Programme [UNDP], the project initiator, has engaged in consultations to build policy and legal frameworks to support employment in the seafaring industry and to create awareness on employment in the industry.

Bilateral and multilateral agreements have been made with partner countries involving agreements with the International Trade Federation [ITF] on the Collective Bargaining Agreement for Ghanaian seafarers and also build capacity of relevant institutions including the Regional Maritime Academy and the Ghana Maritime Authority to supply high quality officer seafarers to meet the demands of the industry.

It is also evident that there has been a shift in world shipping industry practices towards over supply of ships in relation to skilled personnel in developed countries who willingly train and accept jobs as sailors thus forcing many developed countries to look elsewhere for crew to man their fleets. [GC 21/08/07]

Maritime Authority Notes Concerns of Freight Forwarders
The Ghana Maritime Authority [GMA] in a press release has stated that it has noted the concerns of the Institute of Freight Forwarders GIFF and other stakeholders concerning Container Administrative Charges by shipping lines. It stated further that the issue has already come to the attention of the authority and the Ministry of Harbours and Railways. As a result, the ministry has requested the GMA to study the matter and recommend appropriate action to be taken. Consequently, the Authority has set up a Board Technical Committee to review all aspects of shipping charges, including the Container Administrative Charges and determine their propriety, as well as recommend the requisite remedial action to the Ministry. [GC 04/09/07]

Ghana Export Trade Information Centre
The Ghana Export Trade Information system offers online trade information including export preparation and planning, trade events, market analysis, exporters directory with profiles, trade news and offers a virtual exhibition for export products at www.gepcghana.com.

Ghana Standards Board
If you are interested in trade information in the area of Standards, technical regulations and conformity assessment procedures the National Enquiry Point [NEP] for technical barriers to trade [TBT] at the Ghana Standards Board has information on all member countries of the world trade organisation [WTO] including:

· Standards
· Technical regulations/ trade regulations
· Conformity assessment procedures [Types of testing, testing fees, inspection procedures, certification, verification, accreditation, sampling, evaluation, registration]

GGEA German Trade Mission To Ghana
A German trade mission is due to visit Ghana from 12-16th November 2007. The trade mission will be headed by a high ranking representative of the German Ministry for Economic Affairs. The mission will be based upon small & medium companies from Germany looking for business partners in Ghana.

GIFF Threaten Strike Over Container Satellite Tracking System
The Ghana Institute of Freight Forwarders [GIFF] Elubo District, has served notice to embark on an indefinite sit down strike if management of Customs Excise and Preventive Service [CEPS] does not abolish the Satellite Tracking Unit system (STU) introduced by CEPS. [Please see OTAL’s August trade and transport report for details].

The satellite tracking system as introduced by CEPS is a device placed on top of each transit cargo truck leaving the border and entering into neighbouring countries to check diversion of goods on a particular truck up to its final destination. An amount of 50 Ghana cedis is charged by CEPS officials per truck. Addressing a press conference on Monday, the Secretary of the Elubo GIFF, Mr. Seth Adu Jack said GIFF did not understand why a new tracking system should be introduced by CEPS when the Association was already paying 0.2% to State Insurance Company (SIC) as Escort Fees to execute particular insurance bonds on all transit goods throughout the country. [GC 12/09/07]

Ministry of Harbour, Ports And Railways Intensifies Operations
The Ministry of Harbours and Railways has intensified its focus on infrastructural development. Initiatives outlined included the dredging of the ports of Tema and Takoradi, the completion of the Quay Two extension works, electronic data interchange, waste reception facilities in both ports, acquisition of modern tug boats, construction of access road and flyover bridge within the Tema port, construction of a 200 tone capacity fruit terminal and design and rehabilitation of slipway and drydock facilities at the Takoradi port.

According to the Minister for Ports, Harbour and Railways, Prof. C. Ameyaw Akrumfi, the Ghana Ports and Harbour Authority [GPHA] is faced with a number of complex challenges of aftermath of privatization, transit trade, port congestion and delays in cargo clearance and corruption in the ports.

On the area of rail the Minister pointed out that in spite of the very challenges facing the ministry, the railway system is poised for remarkable transformation. He noted that intensive efforts aimed at attracting investors to the railway system have started yielding fruit and as such the ministry on behalf of the government had signed an agreement with M/S Peatrack Limited for the rehabilitation and extension of the Eastern Rail Line. Approval has been given to the ministry to also negotiate with M/S Kampac oil of the United Arab Emirates for the rehabilitation and extension of the Western Rail Line and Atlantic Companies Inc. will construct, supervise and operate the suburban Railway System in the metropolitan areas of the country.

Furthermore, the minister mentioned that the Authority would through effective flag and port state security programmes ensure compliance with the provisions of the Ghana Maritime Security Act [GMSA] and establish Automated Identification System [AIS] as well as other electronic surveillance system over the Ghanaian coastline to monitor shipping activities and also check acts of piracy and other illegal acts in the territorial waters.

He reiterated that the GMA has initiated a number of legislations to give effect to the GMA act, 2002 [Act 630] and the Ghana shipping act, 2003 [Act 645], the Marine Pollution Bill, the Draft Regulations on Volta Lake and a comprehensive draft regulation for the implementation of the Ghana Shipping Act 2003 [Act 645]. [GC 01/08/07]

Kampac Wins $1.6b Railway Deal In Ghana
A consortium led by Dubai-based Kampac Oil Company has signed a US$1.6 billion contract with the Ghana Railway Corporation for a railway project in western Ghana. The 35-year contract involves the construction of 800km of new railway line and the rehabilitation of 400km of existing line on a BOT basis. The construction of the new line between Takoradi and Hamile in the Upper West Region will begin in December.

The new standard gauge line will start from Takoradi and run via Manso, Tarkwa, Huni Valley, Dunkwa, Awaso, Nyinahim, Sunyani, Techiman, Bole, and Sawla, Wa to Hamile. The project seeks to strengthen Ghana's freight corridor while stemming the railway network's traffic problems and revenue losses. The project also envisages rehabilitating and maintaining the existing Western Line.

Part of the project is the opening of an inland port at Boankra Kumasi aimed at reducing customs clearance pressure at the Tema and Takoradi ports by redirecting freight inland, thus increasing rail traffic and revenue.
The financing of the project was done through the assignment of $2 billion worth of mineral and mining rights to the consortium on an exclusive basis. Kampac plans to raise $2 billion to $4 billion by monetising a portion of the mineral property assets. [Menafn 05/08/07]

New Satellite Tracking System to Monitor Transit Operations
A new satellite transit tracking system to monitor transit operations has been developed by the Ghana Customs and Preventive Service [CEPS] as part of its service modernization and reform programme. The system is effective from 01/08/07.

· Each transit vehicle will be required to attach a tracking unit of the roof
· CEPS transit escorts will be disengaged from accompanying vehicles [the rate was GH¢ 30 [new cedis] US$28]
· Clearing Agents will be required to pay an administrative fee of GH¢ 50 [US$ 46.5] per vehicle

CEPS Notice - Start of Satellite Transit Tracking Operations

The Ghana Customs and Excise Preventive Service [CEPS] has deployed a Satellite Tracking System to monitor transit operations in the country. Accordingly Satellite Tracking Units [STUs] will be attached to transit vehicles to help monitor their movement along the approved transit routes.

Each transit vehicle will be required to attach a tracking unit to its roof using a magnetic mountings and a wire security strop. Vehicles without a normal horizontal metal roof will be required to have a horizontally welded metal plate of at least 25cm x 25cm to the top of the vehicles.

Transitors are to note that the attachment of the STU will be a pre-requisite for the vehicle to embark upon a transit journey through Ghana.

With the operation of the Satellite Tracking System, CEPS Transit Escorts will be disengaged from accompanying vehicles on their journeys. Transitors will be required to pay an Administrative Fee of GH¢ 50.00 per vehicle for the facility.

Any breach of the directives will constitute an offence and will be punishable under Customs Laws. These arrangements shall take effect from August 1, 2007.

All transit operators are to take note and comply accordingly.
COMMISIONER

Tomato Paste Imports To Be Banned
Following unfair trade practices associated with the importation of tomato paste and concentrate into the country, the government has moved to temporarily ban the importation of the products into the country, with effect from November 1, 2007. Consequently, it has directed all importers of the products to note the grace period, saying "it is meant to provide sufficient delivery time to ensure customs clearance of all pipeline imports of tomato paste and concentrate".

The notice comes barely a week after a report on the negative effects that under-invoicing of tomato paste and concentrate into the country was having on the economy and local producers of such products.

The unfair trade situation in the industry has forced the only local tomato processing company in the country, Trusty Foods Limited, an Italian investment, which buys its raw material from the resuscitated Pwalugu Tomato Factory, now Northern Star Factory, to threaten a drastic cut down on its demand from the factory.'

It is anticipated that should the threat be carried out, the numerous farmers in the northern part of the country who depend on the factory as their largest market will lose out, while the huge investment by the government to revive the factory will also go to ,waste.

"Importers are advised to comply strictly with the notice," the Trade Ministry's notice warned, adding that "this directive is intended to curtail unfair trade practices associated with the importation of tomato paste and concentrate".

Sources at the ministry said that apart from the problem of under-invoicing associated with the importation of tomato paste and concentrate, there were fears that starch dominated what had been canned as tomato paste. [The Graphic]

Ministry of Trade, Industry, Private Sector Development & PSI
Notice To Importers Of Tomato Paste And Concentrate

The Ministry of Trade, Industry, Private Sector Development and President's Special Initiatives, announces for the information of Importers and the General Public, that the importation of Tomato Paste and Concentrate is temporarily banned with effect from 1st November 2007.

All importers of Tomato Paste and Concentrate are to note that a grace period of up to the 1st November 2007, has been given which is meant to provide sufficient delivery time to ensure customs clearance of all pipeline imports of Tomato Paste and Concentrate.

Any Importer that imports Tomato Paste and Concentrate contrary to this Notice, commits an offence and shall have such imports confiscated.

This directive is intended to curtail unfair trade practices associated with the importation of Tomato Paste and Concentrate.
Issued by the Communications and Public Affairs Directorate

Port Reception Facility - Takoradi Port
The Ghana Port Authority is required to ensure availability of adequate Port Reception Facilities [PRF] to meet the needs of ships calling at Takoradi port. This is to fulfil the Ghana Government’s obligation under the International convention for Pollution from ships [MARPOL 73/78]. The GPHA has signed a concession with Zeal Environmental Technologies Ltd [ZET] to provide facilities for PRF in respect of oil waste and garbage.
For full tariff details please view our website at:
http://www.otal.com/images/OTAL%20Services/GPHA%20reception%20facility.pdf

6th AGOA Forum in Ghana
A veritable who’s who of trade experts, including more than a thousand government officials, civil society representatives, commercial agents, and private sector representatives from the US and at least 34 African countries, converged on Accra, Ghana in July to discuss ways to expand Africa’s exports and facilitate its regional and global commerce. The sixth annual AGOA Forum, a yearly conference on US-African trade, drew dignitaries who announced new initiatives and made public commitments to the US African Growth and Opportunities Act, which waives duties and quotas on thousands of African products. But the law was also being put into action on the sidelines, as entrepreneurs showed off their products and factories to overseas buyers and asked for help in overcoming bureaucratic obstacles.

US Trade Representative Susan Schwab stated “It is vitally important that Sub-Saharan African countries become better able to export more of their agricultural products. Just as important, they must be able to export value-added processed and manufactured products to the rest of the world.”

In the keynote address, Ghana’s President, John Agyekum Kufour, asked for AGOA, which expires in 2015, to be extended another five years. “What is required now is for Africa to develop capacities in terms of human resource with cutting-edge skills and competencies,” he said.

Panel discussions centered on Africa’s growth industries, including manufactured apparel – the third biggest AGOA export after oil and gems – agribusiness, home décor, diversified manufacturing as well as cross-cutting themes, like access to finance, market development, production and quality standards. [This article originally appeared in the WATH Factor, a monthly newsletter published by the West Africa Trade Hub, a USAID-funded project promoting export development and trade facilitation. www.watradehub.com]

Ghana Standards Board Is 40
The Ghana Standards Board [GSA] held its 40th anniversary under the theme: 'Setting the Pace for Standards and Quality'. Deputy Minister for Trade, Industry, Private Sector Development and President's Special Initiative, Gifty Ohene-Konadu, explained that ensuring product and service specifications underpinned international trade and that enabled trillions of dollars of goods to flow across borders. [GNA 11/08/07]

Regional Maritime Academy To Become University
The Regional Maritime Academy [RMA] will from January 2008 assume a university status under the name; the Regional Maritime University. The sub-regional maritime educational institution comprising Ghana, Sierra Leone, The Gambia, Cameroon and Liberia is already an affiliate of the World Maritime University in Malmo, Sweden and the University of Ghana, Legon. [GNA 24/07/07]

Volta Lake Transport Company Ltd On The Verge of Collapse
The Volta Lake Transport Company Ltd [VLTC], responsible for inland water transportation on the Volta Lake, is on the verge of collapse. Over aged vessels and equipment are in need of rehabilitation but the company does not have the finances.

The Minister for Harbour, Ports and Railways, Prof. C. Ameyaw Akumfi pointed out that the Ministry, in collaboration with other stakeholder institutions, have made concerted efforts towards revitalizing the company. The Ministry budgeted over ¢70 billion for the general rehabilitation and overhauling of engines of ferry craft operating at Adawso, Yeji and Dambai ferry stations. Under the Millennium Challenge Account, the Minister also hinted that government had secured a US$5.3 million for the acquisition of a new ferry craft for Adawso ferry station in the Afram plains making the necessary arrangement to access funds for the project to take off. [GC 07/08/07]

Port Reception Facility - Takoradi Port - 27/08/07
The Ghana Port Authority is required to ensure availability of adequate Port Reception Facilities [PRF] to meet the needs of ships calling at Takoradi port. This is to fulfil the Ghana Government’s obligation under the International convention for Pollution from ships [MARPOL 73/78]. The GPHA has signed a concession with Zeal Environmental Technologies Ltd [ZET] to provide facilities for PRF in respect of oil waste and garbage.

For full tariff details please click here.

Nicolas Sarkozy To Visit Ghana
Nicolas Sarkozy, President of France will arrive in Ghana on 26/07/07 to begin a two-day official visit. The visit will be Sarkozy’s second outing to African since assuming office as President of France in May this year. He will hold discussions with President Kufuor on peace and stability in the sub-region as well as bilateral relations between Ghana and France.

Condoleezza Rice to visit Ghana
US Secretary of State, Condoleezza Rice, is expected in Accra to attend a regional forum of the 40 sub-Saharan African countries receiving US trade benefits under the African Growth and Opportunity Act [AGOA]. Administration officials say the measure, which lowered US trade barriers to African goods, has helped to more than double the annual volume of American trade with the region and create thousands of jobs in Africa. This will be Rice's first trip to Ghana. [GHP 07/07/07]

GPHA Tenders Launched
GHAPOHA has put up notice for a National Competitive Tender for the design, supply and installation of the following:

· Fuel infrastructure erection at the Golden Jubilee Terminal
· Rubber Fenders at Takoradi port
· Fibreglass roof gutters to transit shed 4 – Takoradi port
· Overhead crane – Tema port [02/07/07]

Export Certificate Required - Ghana Standards Board [GSB]
The Ghana Standards Board [GSB] has directed that all exporters with immediate effect will be required to acquire an export certificate from the GSB before engaging in export trade. This is to curb the ever increasing rejection of Ghanaian exports at ports of entry especially the EU and the USA. The directive is also in line with international standards and procedures. [GSB 02/07/07]

The Ghana Standards Board [GSB]
The GSB is the national statutory body responsible for the management of the nation's quality infrastructure involving metrology, standards, testing, quality management and conformity assessment such as certification. GSB is the regulatory authority which controls and approves products within its jurisdiction, exercises the legal right to control the use or sale of products and takes enforcement actions to ensure that products marketed within its jurisdiction comply with legal requirements.
The Ghana Standards Board was established by the Standards Decree, NRCD 173, 1973 with the following aims:

· To establish and promulgate standards with the object to ensuring high quality of goods produced in Ghana either for the local or export markets.
· To promote standardisation in industry and commerce.
· To promote industrial efficiency and development.
· To promote standards in public health and industrial welfare, health and safety

Accra – Head Office - responsible for Southern & Volta Region
Off Tetteh-Quarshie-Legon- Madina Road, near Gulf House, Okponglo, Accra / P. O. Box MB 245, Accra
Tel: [233] - 21 - 500065 / 500066 / 506991- 6
Fax: [233] - 21 - 500092 / 500231
Email: gsbdir@ghanastandards.org
Website: www.ghanastandards.org
Kumasi - responsible for Ashanti and Brong Ahafo Regions
Tel: [233] - 51 - 25344
Takoradi - overseeing the Western and Central Regions
Tel: [233] - 31 - 22136 / 21805
Koforidua - responsible for the Eastern Region
P. O. Box 117, Koforidua
Tel: [233] - 81 - 22786
Tamale - in charge of the three Northern Regions namely Upper East, Upper West and Northern Regions
Tel: [233] - 71 - 22372

Customs New Satellite Tracking
The Customs Excise and Preventive Service [CEPS] has acquired a multi-million dollar satellite tracking system to monitor transit goods. The infrastructure is currently being mounted and is expected to be operational by end of July. [02/07/07]

GUTA Educated On Import Procedures
The Ghana Shippers Council [GSC], Ghana Ports and Harbours Authority [GPHA], Ministry of Trade, Industry Private Sector Development and President's Special Initiative jointly held an open forum to educate members of the Ghana Union of Traders Associations on legitimate processes involved in importing goods and services. The programme was also geared towards discussing policy issues that affect trade commerce and industry, and to offer an avenue for traders affected by trade policies to air their grievances to policy makers.

George Alorsor, senior operations manager of GSC, said the forum provided a platform for importers, exporters and traders to interact with the main stakeholders in Ghana"s maritime transport industry. He said, the issue of efficiency at the various ports of Ghana in relation to clearance of goods had been of concern to shippers over the years including missing containers, excessive charging, undue demurrage charges, delay in the processing of ECVR’s and its effect on demurrage and other costs and includes delay in unstuffing of containers. He stressed that the problems could not be laid solely at the doorstep of any organisation, neither could any organisation find solutions to them, and called for concerted efforts of all the stakeholders to find lasting and meaningful solutions to the challenges.

According to George Alorsor, a number of measures such as the development of capital intensive projects like the installation of three ship-to-shore gantry cranes, and four rubber tyred gantry cranes had been done to address the challenges confronting the maritime industry. Others include the construction of a new container Terminal, a new off-dock container devanning area to accommodate all imported containers and vehicles and enhancing the turn round time of vessels to reduce congestion and its resultant surcharge on importers by the shipping lines.

The GPHA and the Shippers Council had also introduced measures to facilitate the clearance process, such as the use of destination inspection scheme and the use of scanners in the examination of containers. The un-stuffing activities on the quay, ships queuing at anchorage for berths, ships chasing few handling equipments and difficulty in the location of containers, truck / container congestion, theft of vehicle spare parts, pilfering, damage to goods had been drastically eliminated. Tema Port has also been re-fenced and CCTV cameras installed to improve security.

The Shippers Council has also, for two decades been regularly publishing a bi-weekly schedule of vessels sailing to and from Ghana’s ports. That he said had assisted shippers to plan their shipments appropriately. The council had also established a Shipper Information Centre to provide shippers with internet accessibility and business/communication facilities to enhance their competitiveness in the international markets. [TS 22/06/07]

Bonaka Inland Port
The Boankra inland port project is ongoing under the management of GSC, GPHA and the private sector to enhance the business environment for shippers operating from northern Ghana.

Non-Traditional Exports Rise
Trade officials from the Ghana Export Promotion Council are upbeat that non-traditional exports will cross the US$1billion mark this year. This stems from excellent performance of the sector last year. non-traditional exports hit US$893 million in 2006. [02/07/07]

Business Climate Survey
The Association of Ghana Industries has launched its Business Climate Survey 2007, which will obtain information about current business constraints and other vital economic issues directly from the decision makers. Views of 300 top business executives will be sampled on various factors and economic indicators affecting the growth of enterprises in the country. [GNA 27/06/07]

Kampac Wins Ghana Railway Contract
Dubai-based Kampac Oil ME is the leader of a consortium that has won a contract to design, build, operate and transfer an 800km railway line from Ghana’s port of Takoradi to Hamile, in the country’s upper west region. The total cost of the project is expected to be in the region of US$1.6 billion. According to Ghana’s Harbours, Ports, and Railways Minister, Professor Christopher Ameyaw Akumfi, the deal is part of the government’s policy to extend the railway network to northern Ghana. The project will involve the rehabilitation of the existing lines from Takoradi to Kumasi and the construction of new ones from Takoradi to Hamile. [Khaleej 01/07/07]

Bridge Development Programme
The Ministry of Transportation has put up a notice for the supply of Modular Steel Bridge Components. After identifying 1,200 crossing points for its nation-wide network under its Bridge Development Programme. So far about 149 bridges have been installed. [02/07/07]

MPs Adopt GSP+ As Alternative To EPAs
Members of the Ghanaian parliamentary committee on Trade and Industry have adopted the Generalized System of Preferences Plus [GSP+], a trading arrangement that gives preferential treatment to exports of developing countries to markets in Europe. The new GSP+ is expected to be an alternative to the Economic Partnership Agreement [EPA], which is currently being negotiated between the European Union and countries in the African, Caribbean and Pacific [ACP] bloc.

The adoption followed a convincing presentation by Tetteh Homeku, Coordinator of Programmes of the Third World Network [TWN] on the pros and cons of the GSP+ ‘v’ the EPAs, which the EU has put on the table as its alternative to the current Cotonou Trade Pact set to expire by December 31, 2007.

The MPs decision was unanimous, after having listened to several presentations that the negative spillovers of the EPAs are sweeping and will in no doubt, impoverish ACP countries even beyond levels predicted by current studies.
They agreed that the GSP+ scheme is more progressive and has better developmental potential than both the standard GSP and EPAs. A meeting with the Trade and Industry Minister, Alan Kyeremanten will be held to put the issue before them.

The Chairman, Nana Akomea, who is also a former Minister for Information, tasked MP Enoch.T. Mensah to draft a proposal on the committee's decision. The MPs also disclosed they will be putting the issue before the whole Parliament for consideration.

The Coutonou agreement provides exporters from ACP countries with preferential access to EU's markets. Preferential, in that whereas exports into EU's markets from other developing attract tariffs and custom duties, same from ACP countries are allowed duty and quota-free entry.

However, the arrangement which has regulated trade between the EU and ACP countries for over 30 years since 1975 will be expiring on December 31this year and cannot be renewed without a waiver from the world Trade Organization [WTO].

Even if a waiver is to be granted, it will not be limited to only developing countries within the ACP, but will apply to all other developing countries as per the WTO's Most Favoured Nation clause [MFN], making the granting of that waiver costly to the EU as well as unbeneficial to ACP countries. This has necessitated the search for a new trade relationship between the EU and ACP countries that is WTO compliant and not worse off than Cotonou. The EU is thus seeking a deal under the EPAs as an alternative. But the EPAs, which will cover 80% of all trade, have been proven by studies, conducted by the ECOWAS Secretariat, the Economic Commission for Africa [ECA] and even the European Commission [EC] to have the potential of derailing the economies of ACP countries.

Unlike the EPAs, the GSP+ does not require reprocity, except that it excludes some products from free entry. It does have some limitations, including stricter rules of origin clauses, but Mr. Homeku thinks these do not affect majority of the exports from ACP countries, arguing that ACP countries stand to lose only 2% of their market access under the GSP+, which to him is insignificant when weighed against the benefits that will accrue to them from the scheme.

L. Y. Sae-Barawusi, Director of Multilateral Regional and Bilateral Division of the Ministry of Trade and Industry and one of Ghana's lead negotiators, however disagreed with Homeku's proposal. He said from experience, the GSP+, like the 'Everything-But-Arms' trade scheme, is not a binding legal agreement. Thus the EU can abrogate such an agreement at will and any time without suffering any penalties. Such an uncertain environment, he said, does not encourage investors and will not serve the development interest of ACP countries. He said the proposal can only be a stop-gap measure while the EU and ACP's proceed to search for a better trade arrangement.

Yao Graham, Coordinator of TWN argued that whether the GSP+ is accepted as a stop gap measure in the short, long or strategic term, it is important not to miss the value of the breathing space that it would have created. What is important though, "is that our negotiators should put it forward" as their alternative trade package to the EU. [PA 30/04/07]

Non-Traditional Exports To Cross Billion Dollar Mark
Officials of the Ghana Export Promotion Council (GEPC) were optimistic that the value of non-traditional exports will cross the US$1billion mark this year. The renewed confidence stemmed from the excellent performance of the sector in recent years, which had seen it register an average annual growth of 14.3%. During the same period, export values rose from US$705.4 million in 2004 to US$893 million in 2006. The figure showed about 26% contribution of the sector to the country's total exports value of US$3.4 billion for 2006.

The GEPC has a base of over 3,000 registered private sector exporting companies organized into 15 Product Associations. There are currently 383 different non-traditional export products categorized into agricultural, processed/semi-processed and handicrafts.

The European Union market has continued its influence as a major destination of Ghanaian NTEs products, recording US$419.9 million for 2006, with ECOWAS being ranked second with US$242.7 million. On a country-by-country basis the UK is leader, followed by France, Burkina Faso and Nigeria. [GNA 10/05/07]

New Ghana Cedi Notes & Coins Launched
A major step in Ghana’s economic reforms has been taken with the introduction of the country’s new currency denominations by the Bank of Ghana (BoG) on 03/05/07. The new currency is redenominated by setting the c10,000 to one Ghana cedi (1GHc) which will be equivalent to one hundred Ghana pesewas.

The redenomination exercise is expected to last for six months during which time the old and the new currency is expected to be used side by side as legal tenders. The bank is giving Ghanaians two months from the introduction to study and familiarise with the new currency before July 1 when it would formally be allowed for transactions as means of exchange. [GNA 04/05/07]

Ghana Trade and Livelihoods Coalition Concerned Over EPA
Barely two weeks after the EU proposed to remove all remaining quota and tariff limitations on access to its market for all African, Caribbean and Pacific [ACP] regions as part of the Economic Partnership Agreement negotiations [EPAs], a group called the Ghana Trade and Livelihoods Coalition has raised concerns about the ongoing negotiations that are scheduled to be concluded by 31 December 2007. The group, which is an alliance of farmer-based organisations, local food crop producers, civil society organisations and non-governmental organisations [NGOs] pointed out that the EPA negotiations pose a threat to economic livelihoods and the economy.

The group is calling on government to make its position regarding the EPA negotiation with the EU clear, like countries such as Nigeria and Cape Verde, who have recognised the EPA, as presently being negotiated, as a bad development tool. [GC 23/04/07]

Jubilee Terminal Commissioned & Feasibility Study For Another Terminal To Begin
A new container terminal which will enable the Ghana Ports and Harbours Authority [GPHA] to double the number of containers it can take was commissioned by President Kufuor. Named the Golden Jubilee Terminal, the US$15.5 million facility is to help in the decongestion of the port and provide improved services to port users. It will handle goods that are imported into Ghana and are subject to customs controls. The terminal which has been designed constructed and equipped with modern handling facilities as well as cargo tracking systems is able to take between 120 and 170 containers daily.

President Kufuor said government in the "past six years, has initiated various policies and implemented a number of capacity improvement projects to develop the nations maritime industry to become a maritime fulcrum and the shipping gateway to the ECOWAS sub-region.

With the commissioning of the Golden Jubilee Terminal, President Kufuor expressed the hope that it will reduce port congestion significantly and free more space for the handling of general cargo.

He said in anticipation of the continued growth in the volume of trade, a feasibility study for yet another terminal is to begin soon. There is also a master plan study which has already been completed with the assistance of the Japan International Cooperation Agency [JICA]. For now, he said a number of state-of-the-art equipment has been acquired, while institutional reforms are ongoing to enhance the quality of service delivery within the port and the maritime industry in general.

The Ministry has also set up an inter-sectoral oversight committee charged with making recommendations on ways of ensuring higher efficiency in port operations. [GT 30/03/07]

Ghana - Tema Port Reefer Storage
Please click here for a communiqué from Meridian Port Services [MPS] regarding the handling of reefer containers. Please note MPS will not handle reefers until end of 2007. Until that time MPS will discharge and load reefers but all shore handling and storage will be done by the GPHA. [MPS 13/04/07]

Meridian Port Services Handover
Meridian Port Services [MPS] will be taking over the container handling operations at the port of Tema. The concession area is divided into two parts, known as Area A [the quay area] and Area B [primary yard area]. Area A [approximately 8.6 hectares] is fully developed for quay-crane/RTG operations whereas development of Area B [approximately 16.6 hectares] is the stacking, marshalling and administrative area.

Construction will be handed over in two sections. The first section comprising of the main container gate and approximately 6 hectares of paved surface will be handed over on 31’st March 2007 when commercial operations will begin. The remaining paving, administrative buildings and workshops will be completed during the 4th quarter of 2007.

MPS is expected to invest heavily in equipment including gantry cranes, reach stackers and terminal tractors as well as state of the art information systems whilst also placing emphasis on training and development.

MPS will also hold a monthly meeting scheduled for the last Friday of every month starting 27/04/07 as a medium where issues confronting the user community can be discussed.

MPS: Operating Procedures for the Shipping Community
Please see report for more details.

Ghana & Nigeria Harmonise Standards, Sign Pact
In a fresh bid to curb importation of fake and substandard products into the country through the borders, the Standards Organisation of Nigeria and the Ghana Standards Board, have signed a pact to operate a common standards and conformity assessment procedures. The two said they are championing and kick-starting the creation of a borderless free trade zone within the West Africa sub-region through the instrument of standardisation. The memorandum of understanding also covers collaboration and cooperation in such areas as harmonisation of standards and conformity assessment procedures; technical cooperation/assistance as well as training, internship and exchange programmes in metrology, standardisation and quality assurance.

Similar memoranda of understanding are billed to be signed soon with other standards institutions in Africa to facilitate trade through the harmonisation of standardisation programmes and procedures. [VAN 18/04/07]

CEPS: Importers To Note Regulations On Treatment Of Unmanifested Vehicles
Please see report for more details.

Ghana Cement Imports
The Ghana ministry has reminded importers that there is no restriction whatsoever on the importation of cement in any form, whether as a finished product or in terms of its raw material component. Ghana has been hit by a shortage of the product since last year following the inability of the Ghana Cement Works [GHACEM] Limited to produce enough to meet the huge market demand. [DG 30/03/07]

Eastern Rail Network: PPA Agreement
The Ministry of Harbours and Railways has entered into an agreement with M/S Peatrak Limited for the reconstruction of the country’s railways. This is a public-private partnership which will see M/S Peatrak reconstruct, expand and operate the Eastern Rail Network, stretching from Tema / Accra through Kumasi to Paga under a Design-Build-Operate-Transfer [DBOT] arrangement. The concessionary period is 35 years and the project is expected to begin from Tema in June 2007. [GT 19/03/2007]

Calls For More Trade Between Ghana, Thailand
The Vice-President, Alhaji Aliu Mahama, has called for the expansion of trade and investment between Thailand and Ghana. A 10-member delegation, including Thai Deputy Minister of Commerce Mrs Oranuji Osatananda, has been in Ghana to explore trade and investment avenues and to consolidate relations between the two countries. Mahama announced that Ghana was going to establish a trade centre in Bangkok. A Thai trade office has also been established in Accra to cover the sub region. She identified mineral resources, agriculture, wood products and food processing as areas of interest to Thailand. [GG 26/03/07]

Reefer storage at Tema Port - 16/04/07
Please click here for a communiqué from Meridian Port Services [MPS] regarding the handling of reefer containers. Please note MPS will not handle reefers until end of 2007. Until that time MPS will discharge and load reefers but all shore handling and storage will be done by the GPHA.

Congestion: Tema/Takoradi
Tema
The congestion situation at Tema port remains the same with ships waiting to berth 2 days.

Takoradi
Congestion at the Takoradi Harbour has reduced considerably after the introduction of a number of measures. Specifically cocoa buying companies have been assigned set days on which to dispatch articulated trucks loaded with cocoa from the hinterland to Takoradi. Loaded trucks must park at approved open spaces and off load in the harbour on a first come first served basis. [OTAL local agent 01/03/07]

Ghana Ports and Harbour Authority Golden Jubilee Terminal
The new Golden Jubilee Terminal [GJT] which was due to start business on 12th of March will now open 1st of April earliest. The facility has been designed to handle some imported FCL and all LCL containers into Ghana, which are subject to Customs controls.

For details please view http://www.otal.com/ghana/Golden%20Jubilee%20Terminal.pdf

Ghana Conference: Preparing To Locate Business Partners in UK, Europe, America and Asia
A three day international workshop is to be held in Ghana on March 21- 23 2007 under the title ‘Preparing To Locate Business Partners in UK, Europe, America and Asia.’ The conference is being organised by the British-West African Forum for Trade and Business Partnership along with CBS Credit UK Limited. For details, please log on to www.bwatradeforum.com or email info@crbghana.com.

Import Clearance Process at Ghana Seaports
The introduction of the GCNet electronic clearance system in September 2003 was a welcome development for shippers and customs house agents alike, as it cut down the clearing time substantially and allowed for on-line, exchange of trade information. Unfortunately, in recent times there have been complaints about the abuse of the customs clearance system which is quite disturbing. This has prompted the Council to take measures to ensure that shippers are well informed about the demands and the requirements or the customs clearance system and procedures involved. This following is therefore intended to serve as a guide in the conduct of cargo clearance in the ports.

DO'S
Appoint a licensed Customs House Agent [clearing agent] with a credible reputation who will do the following on your behalf:

1. Submit the final invoice, IDF [from the Ministry of Trade & Industry], Packing list and a copy of the Bill of Lading two weeks before arrival of vessel to the Designation Inspection Company [DIC].
2. Pick up the Final Classification and Valuation Report [FCVR] from the DIC.
3. If you are an importer of a used vehicle, submit bill of lading, bill of purchase and chassis number of the vehicle to CEPS for the determination of the value.
4. 0btain a Tax Identification Number [TIN] form from the Internal Revenue Service [IRS], if you are a first time importer.
5. Submit a declaration on the cargo electronically to Customs through the GCNet computer front-end software.
6. Ensure that all the fields on the declaration are completed with accurate data.
7. Print out the response from GCMS and effect payment of the prescribed duty and taxes at either ECOBANK or Ghana Commercial Bank.
8. Attach the bank payment receipts, bill of lading, invoice, IDF, FCVR, designated CEPS officer in the Long Room for Verification.
9. Proceed to the Shipping Line/Agent with the Declaration and all the attachments mentioned here above as well as a completed Delivery Order [DO] for First Release [ie 'prior to physical examination] or Final Release [ie without physical examination].
10. Effect payment of the relevant GPHA charges at the port.
11. Deposit the green copy of the DO with the GPHA Operations for the container to be dropped within 24 hours' at the designated bay for physical examination by CEPS, if necessary.
12. Arrange a truck to convey cargo from the port.
13. Present Declaration and accompanying documents to CEPS at the port gate to confirm clearance on the GCMS. GPHA security also checks the waybill covering the goods.
14. Make all documents available to the Police, CEPS or National Security, only on request, for auditing after exiting the port.

SCAN OPTION
1. If your container is to be scanned, then deposit the declaration, DO and the interchanging [evidence of dropping container on the truck] at the CEPS office at the Scanning Area.
2. Pick up your Scan number [appointment sheet] from the Scan operations office and wait for your turn.
3. Present the Appointment sheet to the Check-In Agent at the entrance of the scanner.
4. Confirm final clearance of container after the scan at the CEPS office at the scanning area.

DON'TS
1. Do not deal with an unlicensed Clearing Agent. Common traits of such Agents are as follows:
· They have no offices ['under-tree' operators]
· They have no fixed line telephone numbers
· They have no identification cards linking them to any recognised clearing company.
· They promise short delivery times.
· They promise lower duties.
· They offer lower clearing charges
2. Do not accept any offers to prepare fresh invoices locally, to either underestimate values or mis-describe goods.
3. Do not connive with Clearing Agents, Shipping Lines/Agents for a 'deal' on your transactions.
4. Do not offer GPHA equipment operators' money to induce them to deliver the services for which you have already been billed.
5. Do not attempt to conceal goods during physical examination. Avoid paying the examination' officer to "overlook" discrepancies in the manifest and arrived cargo. [Shipping Review 1Volume 8 Number 41]

EPAs Will Protect Ghanaian And ACP Producers - EU Trade Commissioner
Peter Mandleson, the European Union Commissioner on Trade has stated that the Economic Partnership Agreements [EPA] with Ghana and African Caribbean Pacific [ACP] countries would protect ACP producers, domestic and regional markets. He said the goal is not simply to protect domestic markets but to allow them to grow and develop sufficient strength to compete more widely. That means transition periods and progressive opening, and that is exactly what the EPAs allow for.

Mandelson further stressed that it was in the interest of businesses in Ghana to have easy and cheap access to imported goods, and it was certainly in the interest of Ghanaian consumers. On the question of the agreements providing for and supporting the space of ACP countries to formulate and pursue their own development strategies the EU Trade Commissioner said, "Nothing in the EPAs will stop West African countries from formulating their own development strategies - the whole point of EPAs is to be part of those strategies". He said the EU will also be providing development aid to help assist with the costs of implementing EPAs and to help cover the adjustment issues. [GC 13/03/07]

WATH/A Plays Crucial Role In New Access To Credit Program
West African exporters frequently cite inadequate financing for working capital or investment in new equipment as the chief frustration they face when competing in the global market. A pilot project launched in February by USAID and ECOBANK Transnational Incorporated [ETI] aims to change that, building a model for improved relationships between West African commercial banks and small-to-medium enterprises [SMEs], particularly export-ready companies.

The program, ‘Promoting Access to Credit,’ was formally signed into existence February 8, during a ceremony at ECOBANK Ghana attended by several dignitaries, including Ghana’s Minister of Trade, Alan Kyerematen. The Memorandum of Understanding [MOU] was signed by US Ambassador to Ghana Pamela E. Bridgewater, USAID/ West Africa Mission Director Dr. Jatinder Cheema and ECOBANK Group CEO Arnold Ekpe.

Ambassador Bridgewater called SMEs the “bedrock” of the regional economy and said timely financing for them would lead to economic growth and job creation. “A wall of confusion and distrust exists between bankers and SMEs,” Bridgewater said. “We know that with the lessons learned here, more SMEs can benefit.”

“We are committed to developing small and medium enterprises in Africa, and this agreement with USAID and the U.S. Government has come at the right time,” Ekpe said. ECOBANK Group is one of the leading regional independent banking group in Africa, with operations in 16 countries across West and Central Africa.

ETI and USAID have contributed a total of US$300,000 for the 10-month pilot phase, initially based in Ghana. The Trade Hub and another USAID-funded project, Volunteers for Economic Growth Alliance, will provide training and assistance to bankers and specially identified export-ready companies in Ghana. Later phases plan to make the program available in other West African countries.

The Trade Hub’s financial specialist, Judd Welsh, said the pilot should create more appropriate financing tools and mechanisms for small businesses, particularly those exporting non-traditional goods, like apparel, shea butter and handcrafted home décor. Bankers often don’t understand the particular constraints faced by SMEs, Welsh said, and many smaller businesses are lacking basic knowledge of how to best present themselves when applying for credit.

At the ceremony, the deputy governor of the Bank of Ghana said he hopes the program will sow the seeds of a more open financial environment: “We hope to see other MOUs like this signed by other banks so that we will soon be seeing growth in credit in Ghana and across the region.” [This article originally appeared in the WATH Factor, a monthly newsletter published by the West Africa Trade Hub, a USAID-funded project promoting export development and trade facilitation. www.watradehub.com]

Road Rehabilitation
Work has begun on the 75km Sogakope-Adidome-Ho-Fume road. The Government is funding the project estimated to cost about US$19m. [OTAL local agent 01/03/07]

Ghana Ports and Harbour Authority Golden Jubilee Terminal Opens - 16/03/07
Please click here for details regarding The Golden Jubilee Terminal [GJT] which opened for business to receive and handle containers on 12th March. The facility has been designed to handle some imported FCL and all LCL containers into Ghana, which are subject to Customs controls. You will find particulars on the transferral of containers and operational details.

Meridian Port Services To Start Operation In March - 03/03/07
Meridian Port Services [MPS] Limited is to start operations at the end of March 2007 at the new container stacking and marshalling terminal within the Tema Port. The new terminal, which will be completed by the end of the year, will offer clients in the sub-region with efficient service.

A statement issued jointly by the company and Ghana Ports and Harbours Authority [GPHA] said the facility would include stacking and marshalling yards, gate complex and workshops, among other facilities.

MPS is a joint venture company between GPHA [30%] and Meridian Port Holdings Limited [70%], which in turn has a joint venture with Bolloré and APM Terminals, the two shareholders.

The MPS was granted the concession in August 2004 to operate the container terminal for 20 years during which an annual lease fee and royalty of 25% of gross stevedoring revenue and 10% gross shore-handling revenue would be paid to GPHA. Under the agreement, MPS assumed the exclusive responsibility fro management, stevedoring and handling of containers at the facility.

According to the statement, the MPS terminal would be operated as a common user facility and vessels would continue berthing on a first come, first served basis. [DG 22/02/07]

Ghana Government Suspends Contract - 03/03/07
Current agitations and the prevailing circumstances at the Tema Port has compelled the suspension of the 20-year Build, Operate and Transfer [BOT] management contract between the Government of Ghana [GoG] through its representatives, the Ghana Ports and Harbours Authority [GPHA] and a foreign consortium. This follows a series of mass protests by key stakeholders in the maritime industry, including the various stevedoring companies and aggrieved dockworkers whose livelihood appears to be at stake.

According to sources, the suspension move is to enable government to allocate a certain percentage [about 10%] of the contract to indigenous companies. The suspension, would last until all outstanding issues on the contract are permanently resolved.

From the very first day that government made clear its intentions to award the management of the container terminal on contract to a foreign consortium, Meridian Port Services [MPS], stevedoring companies and the majority of the 4,000 or so dockworkers have expressed fear of their exclusion and brought mounting pressure on government and the sector minister, Professor Christopher Ameyaw Akumfi to review and consider their inclusion in the contract.

Prof. Ameyaw Akumfi has said the contract would be put on hold to enable the government to consider the plight of indigenous Ghanaians whose interests must be protected in any circumstance. Therefore he had instructed the Director General of GPHA, Mr Ben Owusu Mensah not to give a firm date for the takeover until all outstanding issues are resolved.

The contract gives Meridian Port Services [MPS] the sole right to manage the container terminal at the Tema Port over a period of 20years after which it would hand it over to the GPHA. Under the terms of the joint-venture agreement to the container terminal, GPHA has 30% shareholding while the consortium controls 70%.

GPHA Transfers Quay 2 Management to Meridian Port Services - 03/03/07
The Ghana Ports and Harbours Authority will transfer the management and handling operations of the Container Terminal [Quay 2] to Meridian Port Services [MPS] from 15th February 2007. All shipping agents and off-dock terminals will no longer be allowed to take units from under tackle but rather would have to take their units from a "delivery interface".

Please http://www.otal.com/images/OTAL Services/20070130, start up plan.ppt to find details on MPS [This is a large ppt file and may take a while to download] .

Massive Job Loss To Hit Tema Port
There have been strong indications of massive job cuts at Tema port, following the signing of a 20 year Build, Operate and Transfer [BOT] agreement between the Government of Ghana and a foreign consortium, Meridian Port Services [MPS] for the latter to manage a Container Terminal at the port. Approximately 4,000 jobs on the line

Ports, Harbours and Railways Minister, Professor Christopher Ameyaw Akumfi stated he has asked the Director-General of the Ghana Ports’ and Harbours’ Authority [GPHA], Mr. Ben Owusu Mensah not to give a definite date for the take-over until certain conditions were met by the consortium. From indications, all appears to be set for the management contract to take-off by the middle or end of February 2007.

GIFF Want To Regulate The Activities Of Ship Owners
The Ghana Institute of Freight Forwarders [GIFF] has called on the government to regulate the activities of ship owners and agents in the country to prevent them from charging illegal container fees. They also want the government to extend the free demurrage period from seven days to 14 days.

Call For Ban On Incandescent Bulbs
The Association of Ghana Industries have called for a total ban on the importation of incandescent light bulbs into Ghana. This call has come in the light of the worsening energy situation in the country. It is estimated that the country can save up to between 200-400 megawatts of electricity a day if it introduces 8 million units of Compact Fluorescent Lamps. [OTAL Agent 25/01/07]

Eastern Railway To Take-Off
The Eastern Railway line targeted for construction by the government from Tema to Paga is expected to begin in April 2007. The Minister for Ports and Railways, Professor Christopher Ameyaw Akumfi disclosed that a memorandum for the new project to be constructed by a foreign group is currently before Cabinet for approval. He however declined to disclose the names and where the investors are coming from.

CEPS To Acquire Speedboats To Patrol Volta Lake
Customs, Excise and Preventive Service [CEPS] will acquire a speedboat to patrol the Volta Lake to combat the high incidence of smuggling and areas to be patrolled are Kpando-Tokor, Gemeni and Tapa Abotoase. [GNA 12/02/07]

Ho Sector Of CEPS Exceeded 2006 Revenue Target
The Ho sector of the Customs Excise and Preventive Service [CEPS], has exceeded its 2006 revenue target by