Tema Harbour

The association believes such engagement will help prevent dispute from affecting port operations and international trade.

The call comes as the association raises concerns over persistent container congestion at the Tema Port.

Despite these concerns, the association reaffirmed its support for the public and artificial intelligence trade solution, stating the system has improved custom valuation and revenue mobilization.

Also in business, the Institute of Economic Affairs has revealed that a significant portion of the reported one point seven billion US dollars loss associated with the Bank of Ghana domestic gold purchase program involving the Ghana Gold Board is attributable to accounting and valuation treatment than actual loss to the economy.

Ba aku na na in charge of no yeah Chief Revenue Officer Ko- Kotoka International Airport.

Na ba aku so say in charge of Tema Port.

If en o Eduardo say.

Mm-hmm.

One way, on the direct taxes they would have just paid at the port, the duties, and then on the second leg they undermine the activities of legitimate businesses.

Those who have brought in their goods through the Tema port, those who have brought in their goods through the Takoradi port are unable to sell because once they are able to evade taxes, then they can sell below the market price of those goods.

And at the end of the day, the legitimate businesses will not be able to sell to pay their, uh, their, their required taxes.

They will also not be able to expand in order to be able to employ.

I'm going to try to ask you, uh, couldn't we risk, uh, issues with supply and prices if we enforce stricter border controls?

No. There's not gonna be any supply and then also any other repercussions.

The thing is that go- all the rice and whatever, rice, sugar, tinned tomatoes, spaghetti, cooking oil, all of them come through the ports, Tema or Takoradi, largely through the Tema port.

So if you find somebody bringing goods from Togo, mainly the key decision of the person is that they fully want to evade taxes, and that is it.