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Home » Letter of Commitment (LOC)

Letter of Commitment (LOC)

December 13, 2023in News 0 Comments 0 Likes

BoG Eases Prosecution Concerns of LoC Defaulters

Stakeholders in the export value chain received reassurance from the Bank of Ghana (BoG) on concerns over potential prosecution of defaulters of the Letter of Commitment (LoC). The sensitization workshops

by admin
December 4, 2023in News 0 Comments 0 Likes

Exporters Cautioned to Repatriate Proceeds – BOG

The Bank of Ghana (BoG) has advised exporters to repatriate proceeds in a bid to maintain stability in Ghana’s foreign exchange market. According to the Foreign Exchange Act, 2006, Act

by admin
June 26, 2023in News 0 Comments 0 Likes

Benonita Bismarck Adjudged the Outstanding Public Service CEO  

The Chief Executive Officer (CEO) of the Ghana Shippers’ Authority (GSA) Ms. Benonita Bismarck has been awarded the “Outstanding Public Service CEO of the Year 2022” in the shipping and

by admin
May 18, 2023in Article 0 Comments 1 Likes

Assessment of The Rollout of The AFCFTA Identification Number and Its Opportunities for Trade Facilitation

Background The African Continental Free Trade Area (AfCFTA) is a project of the African Union’s Agenda 2063. Its implementation is to attain inclusiveness and promote sustainable development across the continent

by admin
April 28, 2023in Article 0 Comments 1 Likes

GSA, BoG Sensitize Over 1,000 Exporters on LoC

Introduction The Letter of Commitment (LoC) regime was introduced by the Bank of Ghana (BoG) in 2016 to enable it to monitor all exports leaving the shores of Ghana and

by admin
February 14, 2023in News 0 Comments 0 Likes

Shippers Challenges: GSA Engages Chamber of Agribusiness

To understand and address the peculiar challenges faced by some agricultural produce exporters, the Ghana Shippers Authority (GSA) engaged the Ghana Chamber of Agribusiness (CAG). The engagement was part of

by admin
January 18, 2023in News 0 Comments 0 Likes

Cloth and Tomatoes Cross-Border Traders Challenges Addressed by Ghana Shippers Authority

Some challenges expressed by cross-border traders who deal in cloth, tomatoes and other goods from Burkina Faso and Togo have been addressed by the Ghana Shippers’ Authority (GSA).   During

by admin
November 22, 2022in National 0 Comments 0 Likes

Shippers’ Authority, CEO honoured at the 6th SSI Awards.

The Ghana Shippers’ Authority (GSA) and its Chief Executive Officer (CEO), Ms. Benonita Bismarck have been honoured at the 6th edition of the Sustainability and Social Investment (SSI) Awards, held

by admin
November 11, 2022in News 0 Comments 0 Likes

Shippers’ Authority Engage Cross Border Traders in the North to Address Challenges

As part of efforts to deal with the challenges confronting cross-border traders in the northern part of the country, the Ghana Shippers’ Authority (GSA) has engaged over 20 women-owned businesses.

by admin
November 9, 2022in National 0 Comments 1 Likes

Shippers’ Authority to support Women in Entrepreneurship to boost export

The Ghana Shippers’ Authority (GSA) has met with the leadership of the Ghana Association of Women Entrepreneurs (GAWE) to discuss measures needed to help the Association to boost the export

by admin
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