Business News of Tuesday, 12 September 2017

Source: classfmonline.com

Racketeers tried sabotaging paperless system – Bawumia

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Vice President Dr Mahamudu Bawumia has said some people who have been profiteering from intentional delays in clearing goods at the ports, attempted sabotaging the new paperless system introduced at Tema to help clear good in four hours.

“On September 1, we launched the paperless [system], but, of course, not without attempts to actually derail the process because it’s hurting a lot of people who were making free money and people who used to take two weeks to clear a container after one day of delay were protesting,” Dr Bawumia said at an orientation ceremony for national service personnel at the National Communications Authority.

“Are you protesting the system or something else?” he wondered.

According to him, the paperless system has produced tremendous results as almost double the revenue hitherto collected in a week, has been realised within the same period.

“The results are amazing; we just looked at data this morning – first week of collections under the paperless system in September this year compared to last year’s first week of collections in September 2016 – and collections have gone up by 56 percent: from around GHS130 million to GHS230 million in one week.”