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By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Government of Ghana has finally passed the Customs Amendment Bill, 2020, which places a ban on the importation of second hand cars, more ten years old, as well as salvage cars, locally referred to as ‘accident cars’. The amendment is part of a bigger plan towards the implementation of the Ghana Automotive Manufacturing Programme, which has so far attracted several global car assembly plants into the country. The law seeks to provide incentives for automotive manufacturers and assemblers, registered under the Ghana Manufacturing Development Programme. Deputy Finance Minister, Abena Osei Asare, quoting the report of the Committee, said “the amendment of the Customs Act, 2015, (Act 891) is to provide incentives for...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- The Rwanda Development Board (RDB) elucidated that, rehearsal to host the 2020 Commonwealth Heads of State and Government Meeting (CHOGM) is quiet on and rather the East Africa nation is in preparation to assume the $700 million enterprise and business agreements that will be divulged at forum. Supposedly, the Chief Executive Officer (CEO) of Rwanda Development Board – Clare Akamanzi, let out buzzes dispersing on public fora about the revocation of two-week-longing consultation slated to be carried in Kigali, are not credible, and the organizing secretariat is acting to regiment over 7000 players with sensation. “The authorized stance of the government of Rwanda is to keep going readying for...

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- African Union (AU) in collaboration with the International Trade Centre (ITC) are undertaking an assessment of the different sectors under the Africa Continental Free Trade Area (AfCFTA) to precisely establish where each country has enormous advantage in the area of value addition to the products being produced. The move is expected to provide solutions to African countries in an effort to avoid an overlapping of export sector priorities as countries could potentially prioritize similar produce ahead of AfCFTA implementation in July this year. This was revealed in Accra last Wednesday when the Acting Executive Director of the ITC, Madam Dorothy Tembo paid a visit to the Chief Executive Officer (CEO) of the Ghana Export...

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- Africa’s richest man - Aliko Dangote of Nigeria, will initiate an exhibition of oil from identical purchases he snaps up from Royal Dutch Shell Plc in July, expanding a fresh surge of revenue to a fast-paced broadening of Edwin conglomerate. Devakumar Edwin – Dangote’s Group Executive Director asserted that Dangote is toiling with Chinese and Malaysian contractors and has finalized an improvement proposal for the Kalaekule lawn on its Oil Mining Lease 72 asset. Apparently, job will similarly moves to a sketchy KI discovery on Block 71 – a small shallow water asset in South-Eastern Niger River Delta. “We are looking at the first phase of 20,000 barrels a day but our objective...