Ecobank to equip businesses with skills
Ecobank Ghana is to equip businesses in the country with knowledge and expertise in trade processes in a bid to make them more efficient and profitable.
Advertisement
For instance, the businesses would be taken through the Bank of Ghana policies, custom regulations, taxation policies and international transaction.
The initiative is part of the bank’s economic empowerment project aimed at targeting captains of industry to sharpen their edge with the relevant information they need to make their business thrive.
The Trade Finance and Products Manager, Mr Lennon Anas Nasamu, said that at a seminar organised by the bank in Tema.
“Ecobank believes that if businesses grow and expand, a lot more people would be employed, which will lead to high cash inflow and this means people will be empowered to do business with the bank,” he said.
Senior Revenue Officer at the Customs Division of the Ghana Revenue Authority (GRA), Mr Albert Akurugu, who spoke on the National Single Window Concept, noted that a 2014 World Bank report indicated that importers spent an average of 41 days clearing goods from Ghana’s port while export took 19 days.
That trend, he explained, meant Ghana was among the worst countries that had high bureaucratic processes in clearing goods from the port.
The concept, Mr Akurugu noted, was intended to remove all bottlenecks and bureaucracies that hitherto made clearing processes time-consuming.
