Import duties on cars have also been cut by 30 per cent. Paperless reduces port chargesAlready, the introduction of the paperless port system has, according to the Minister of Finance, Mr Ken Ofori-Atta, reduced the cost of doing business at the ports. “The results (of the Paperless Port system) showed that the cost components of doing business at the country’s ports have reduced from 7 to 3 cost components. He continued, “This means that the paperless system reduced the cost of doing business at the ports by GHS960 representing 75 per cent savings. Hence, importers are now making savings of 75 per cent as a result of the implementation of the paperless system.”

Source: GhanaWeb April 04, 2019 14:15 UTC