ADVERTISEMENT
  • Contact Us
  • security
  • About Us
  • social
  • Celebrity
  • Privacy Policy
  • Contact Developer
  • Livescore
Friday, March 31, 2023
FacetvNews
  • Login
  • Register
  • Home
  • world news
  • Online Radio
  • Ghana News
  • Africa News
  • Music
  • Videos
  • Entertainment
  • Religion
  • Fixtures & Standings
  • Livescore
  • Home
  • world news
  • Online Radio
  • Ghana News
  • Africa News
  • Music
  • Videos
  • Entertainment
  • Religion
  • Fixtures & Standings
  • Livescore
No Result
View All Result
Morning News
No Result
View All Result
ADVERTISEMENT
Home Featured featured

Ghana to begin using SIGMAT Customs interconnection from 2023 – News Ghana

Facetvnews by Facetvnews
October 17, 2022
in featured
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

Ghana is to commence the use of the ECOWAS Regional Network for Transit Trade (SIGMAT) in the first quarter of 2023, the Ghana Revenue Authority (GRA) has announced.
Mr. Peter Antobre Ofori, Assistant Commissioner in charge of Transit at the Customs Division of GRA, said Ghana’s Customs administration has taken advanced steps to enroll in the SIGMAT system.
Mr Ofori speaking on the new system in Ghana Ports and Harbours Authority (GPHA) forum said ECOWAS required all customs administrations to automate their systems adding that some countries such as Liberia, Sierra Leone, and the Gambia were yet to automate theirs.
According to him, Ghana and Nigeria have done the automation but changed their systems, which required that they restart their networks.
“Presently, we haven’t been able to roll unto the SIGMAT, but we are in the process; We have established limited communication with Togo and designed a road map with Cote D’Ivoire and we are constantly meeting to ensure we roll on,” he said.
Mr Felix Kwakye, the Principal Programme Officer and Head of Division, Tariff and Customs Procedures, at the ECOWAS Commission, said the SIGMAT system was an improvement over the Interstate Road Transit System which was a paper-based, manual system used in ECOWAS countries.
Mr Kwakye indicated that for quite a while, ECOWAS had been looking at leveraging information, communication, and technology to reform the transit regime within West Africa, as a measure to improve and make it more efficient.
“It will improve the exchange of messages between customs administrations based on the interconnectivity of the national customs IT systems; ECOWAS wants all 15 member states to roll unto the system.”
He said the transit trade had led to a lot of apprehension and sense of insecurity for many countries, making them to put in place measures to secure revenue and maintain security thereby incurring a lot of cost and delay in the transit trade for which the ordinary consumer at the country of destination bore.
He said to ensure that international conventions for trade were followed, and trade facilitated as efficiently as possible, SIGMAT was one of the interventions introduced to generate confidence in the transit trade and secure revenue.
Mr. Kwakye revealed that feedback on revenue generation and trade facilitation has been encouraging from countries that have begun the use of the system.
He disclosed that processes have been undertaken for a “community guarantee mechanism” under the SIGMAT system, explaining that the bonds issued to cover cargoes on transit would have to be valid in every country throughout the entire transit corridor.
He added that the selected guarantor would have to be represented in all of those countries, stating that this measure and others taken under the new ECOWAS regime were all geared towards checking cargo diversion.
The SIGMAT system according to customs would come at no extra cost to importers and exporters in the sub region.
The system began pilotage in 2019, and in December 2021, the various heads of state within ECOWAS adopted a supplementary act on ECOWAS Community Transit which binds all member countries to implement the system.
The SIGMAT system which is already being operated in some Francophone countries, is expected to enhance custom-to-custom communication, improve data collection, facilitate trade and secure revenue.

Any update
GHANA OUR BELOVERED COUNTRY SHOULD HAVE BEEN AMONG THE DEVELOPED COUNTRIES IN THE WORLD AFTER 65YEARS OF INDEPENDENCE WITH RESPECT…
and I was happy am going to a university I never knew it would be this bad
Please l took a loan from my bank to help my sick parents, they deduct 90% of my salary because…
Pls, may I know if there has been any update concerning a publication made on your website in April 28,…

READ ALSO

Nana Tornado reveals how Adom TV declared him missing at age 15, when he absconded to Philippines.

Existing heart medication may help treat alcohol use disorder – Medical News Today

source

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...
Tags: @facetvnews

Related Posts

Nana Tornado
Celebrity

Nana Tornado reveals how Adom TV declared him missing at age 15, when he absconded to Philippines.

January 10, 2023 - Updated on January 11, 2023
8
featured

Existing heart medication may help treat alcohol use disorder – Medical News Today

October 21, 2022
0
featured

Why Is Ghana Turning to the IMF? – Foreign Policy

October 21, 2022
0
featured

Bill Squadron featured in ABC News report on transparency of NIL deals – Today at Elon

October 21, 2022
0
featured

Warning signs posted after box jellyfish spotted in Waikiki – Hawaii News Now

October 21, 2022
0
featured

No tax hikes, fee increases in Barlow's $55 million budget for 2023 – oswegocountynewsnow.com

October 21, 2022
0
Next Post

Maryland vs. Michigan Football Prediction: Undefeated Teams Open Big Ten Play in Ann Arbor - Athlon Sports

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

POPULAR NEWS

Meet the great chef from Zimbabwe who has been around the world

Meet the great chef from Zimbabwe who has been around the world

December 12, 2022 - Updated on December 13, 2022
252
The young Ghanaian woman who became CEO at a tender age.

The young Ghanaian woman who became CEO at a tender age.

December 15, 2022
202
Meet the young vibrant Ghanaian dancehall artiste making waves in Accra Ghana.

Meet the young vibrant Ghanaian dancehall artiste making waves in Accra Ghana.

January 5, 2023 - Updated on January 9, 2023
94
Meet Beebu a talented Nigerian popular Yoruba musician 

Meet Beebu a talented Nigerian popular Yoruba musician 

January 5, 2023 - Updated on January 9, 2023
71
support our own – Black Sheriff

support our own – Black Sheriff

December 5, 2022 - Updated on December 6, 2022
36
ADVERTISEMENT

EDITOR'S PICK

Aaron Collins wins Sky Bet League One Player of the Month award! – Bristol Rovers

Aaron Collins wins Sky Bet League One Player of the Month award! – Bristol Rovers

November 12, 2022
0
X Factor’s Reggie Zippy collaborates with legendary sugar ranking to feature some up and coming acts in a hit single.

Sugar Ranking TheRabbi ft NANA NYC- Praise Video

September 20, 2022
0
E-Levy to take centre stage as Parliament resumes sitting – Graphic Online

E-Levy to take centre stage as Parliament resumes sitting – Graphic Online

November 27, 2022
0

Putin Ally Says 23 Russian Soldiers Died In Ukrainian Shelling Attack – NDTV

October 28, 2022
0

About

Facetvnews

News $ Entertainment

We bring you the best new and entertainment, etc. Check our landing page for details. Download the app

Follow us

Categories

Recent Posts

  • Black Sherif Meets US Vice President Together With Idris Elba & Sheryl Lee
  • Ludacris discloses reason for Ghana visit
  • Khalifina performing at Flipbar on the Military Dancehall Riddim
  • Treat tuberculosis as you treat HIV/AIDS – Nabdam MP urges government
  • MUSIGA to hold elections on August 8 after 4 years of postponements
  • Fixtures & Standings
  • Livescore
  • Contact Developer
  • Contact Us
  • Online Radio

© 2022 FactvNews -all rights reserved | Powered by Mcperry Imaginations.

No Result
View All Result
  • Homepages
    • Home Page 1
  • Politics
  • National
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Science

© 2022 FactvNews -all rights reserved | Powered by Mcperry Imaginations.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

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

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: