Connect with us

Hi, what are you looking for?


Just In: Import Duties To Reduce By 50% From Tomorrow – VEEP Bawumia

dr bawumia import duties reduced

Vice President Dr. Mahamudu Bawumia has disclosed that import duties will be reduced by fifty percent (50%).

He said this new policy, he said will take effect from tomorrow, Thursday 4th April, 2019.

He, however, said duties for vehicles will be reduced by thirty percent (30%). The Vice President said this at a town hall meeting in Accra to address the recent economic challenges.

Vice President Dr. Mahamudu Bawumia

“To reduce the incidence of smuggling and enhance revenue, the benchmark delivery value of imports will be reduced by 50 per cent,” he said.

Dr. Bawumia’s revelation comes after President Nana Addo Dankwa Akufo-Addo promised to act on calls by the importers to reduce tariffs at the ports.

President Akufo-Addo said this when he addressed a town hall meeting of Ghanaians resident in Worcester, Massachusetts, in the United States of America on Saturday, March 30, 2019.

BREAKING:  This Video Is Why Bulldog Is Being Fined For 'Threatening' Nana Addo Over Menzgold Saga (WATCH)

According to him, his government has put in place reforms to the import duty regime in the country and these will bring down the high duties prevailing in the ports.

“We have realised from the studies we have done that our ports are not competitive, and the import regime in our country is far too high. We are dealing with it, and, very soon, the measures that the government will roll out will become known to all of you. I am not talking next year, or in 6 months’ time, I am talking very, very soon,” he said.

Subscribe to watch new videos


Click Here To Join Our WhatsApp Community

Click to comment

Leave a Reply



Following a writ for her arrest, Ghanaian media personality Afia Schwarzenegger has gone off the radar – she is missing. However, a netizen on...


A woman alleged to be a witch has been caught in a small town in Lagos, Nigeria. She was reportedly caught right in the...


The Ghana Football Association and the Ghana Black Stars team survived a fire outbreak in their hotel in Doha and this could have been...


Yesterday morning, a tragic online report that quickly gained popularity confirmed the death of Okomfuor Koleege’s wife, who passed away at the labor ward... - Ghana Homepage, Ghanaweb, Ghana News, Ghana Entertainment News, We serve as an unbiased Ghana News source to inform people about recent or important events and information in categories including but not limited to entertainment, sports, finance, business, and celebrity news. Powered by OccupyGh Concept Limited, a premier entertainment company with 8 years of experience in Entertainment, Local New, and Everything Lifestyle. Phone +233 247 659 843. Contact us: [email protected]