May 07, 2015 twenty six african states including ghana are working towards the removal of trade barriers for a single trade zone for the continent by 2016. Ugandachina guangdong free zone of international industrial cooperation is a subsidiary of guangzhou dongsong energy group u co. Banks and special deposit act, 2016 date of assent. Childrens act, 1998, act 560 arrangement of sections part ithe rights of the child subpart irights of the child and parental duty section 1. Free trade zone ftz and port hinterland development. How is ghana free zones board established under the free zone act, 1995 abbreviated. African countries have sought to replicate the success of east asia by implementing special economic zones sezs. Ghana is a constitutional republic with two spheres of government. Ghana, the free zones act 1995 act 504, an act to enable the establishment of free zones in ghana for the promotion of economic development. About us the uganda free zones authority is a body corporate under the supervision of the ministry of finance, planning and economic development.
Overall, freezone exports account for almost 45 percent of ghana. Covid19the office of the head of the local government service wishes to caution all staff to take precautionary measures against the covid19 as follow up to the two cases confirmed in ghana by the minister of health on 12th march, 2020. Time zone currently being used in ghana time and date. The ghana free zones programme is designed to promote processing and manufacturing of goods through the establishment of export. Section 7 of act 504 as amended provides for the establishment of free zones in ghana. List of best industrial premises in tema, ghana, top industrial premises in tema, ghana, industrial premises near me, best industrial premises. There is established by this act a board to be known as the free zones board, referred to in this act as the board. Gfzb is defined as ghana free zones board established under the free zone act, 1995 somewhat frequently. Act, of the parliament of the repulic of ghana entitled i presidential transition ac, 201,2 an act to establish arrangements for the political transfer of administration fromonedemocratically elected. A comparative analysis of effective free trade zone. Political economy challenges and solutions oxford scholarship. Composition of the board i the board shall consist of a a chairman who shall be the minister for trade and industry.
A comparative analysis of effective free trade zone policies in. The ghana free zones board gfzb was established on 31 st august, 1995 by an act of parliament. Nuclearweaponfree zones nwfzsfrom the 1967 treaty of tlatelolco to the 2006 treaty. Are there any daylight saving time changes in 2020. How to obtain free zones licence in ghana africas premier. Then the five pointed lone star which is the symbol of african emancipation and unity in the struggle against colonialism. Despite decades of international experience, there is still no blueprint for successful sez policies, and the majority of sezs fall well below expectations.
Kenya held the lead with 33 free zones, some being very small and confined to only a few firms and only two of which were governmentowned. Dec 29, 2014 free zones living the west african gateway dream posted on december 29, 2014 by theheraldteam in headlines the free zones programme is an institutional framework that allows businesses to locate their companies in ghana to manufacture and process for export. Free zone companies in ghana including accra, and more. Arrangement of sections section part i preliminary 1. Ghana free zones to subsidize electricity cost for members. The color green was chosen because ghana lies in the tropics and is blessed with rich vegetation.
Free trade zone and port hinterland development united nations. The ghana free zones board has disclosed it is engaging the volta river authority vra in an effort to reach a deal, which will reduce the cost of electricity for its members. Construction of references in other acts to companies registered under the companies consolidation act, 1908. Gabriele ferrazzi for the local governance and poverty reduction support programme lgprsp ministry of local government, rural development and environment deutsche gesellschaft fur technische zusammenarbeit gtz october 2006. The four aforementioned sezs were stated in this legislation to be merged into. In the case if ghana, the free zones act 1995 act 504, an act to enable the. Local government is enshrined in the constitution, as is decentralisation, and the main relevant legislation is the local government act 1993 act 462. The ghana free zones board, which is the government agency responsible for the implementation of the programme, is achieving positive results. Act 663, company, ghana, goods, public procurement act 2003. Gfzb stands for ghana free zones board established under the free zone act, 1995. The coat of arms of ghana was introduced on 4 march 1957 by elizabeth ii.
Act of the parliament of the republic of ghana entitled the free zone act, 1995 an act to enable the establishment of free zones in ghana for the promotion of economic development. Free zones business entities eligible to operate as free zone developers or free zone enterprises are companies registered under the companies code, 1963 act 179 or a partnership registered under the incorporated private partnership act, 1962 act 15. Ghanas constitution of 1992 with amendments through 1996. Free zone enterprises shall comply with the factories, offices and shops act 1970 act 238 on health and safety requirements. Sec 3 investigate and determine complaints under the act. President, toanother democratically elected president, to provide fof. Ghana free zones authority is making sure there is strict. It was enacted by an act of parliament, the free zone act 1995 act 504. Its important and expected role requires the board to be the channel through which the exportled development policy is achieved. Uganda freezones authority invest in the heart of africa. An act to enable the establishment of free zones in ghana for the promotion of economic development. Gfzb ghana free zones board established under the free.
Ghana local government act 1993 a comparative analysis in the. A final meeting to approve the africa free trade zone aftz treaty is scheduled for june, after which citizens of member states would travel and trade without visa. There is established by this act a board to be known as the free zones board. There is established by this act an authority to be known as the free zones. The country is divided into ten administrative units or regions, each headed by a regional minister appointed. Aug 29, 2017 the ghana free zones board gfzb yesterday opened its maiden edition of investment week celebration to create the platform for local businesses to take advantage of its exportoriented programmes. Ghana joins single free trade zone for africa by 2016 ghana. Rather, the negotiations require regional groups or individual states to act in their. In exercise of the powers conferred on the minister responsible for trade and industry by sections 262 and 41 of the free zone act 1995 act 504, and after consultation with the minister responsible for customs and exercise and the commissioner of customs, excise and preventive service in accordance with section 262 of act 504, these regulations.
Here is some general information about you new host country the flag the coat of arms the national anthem maps data on ghana introduction geography climate people education history ghanas presidents government and political conditions economy foreign relations links the flag of ghana. Ghana free zones authority plans for special economic zones. Programmes offered and admission requirements 1012 5. The childrens act, 1998 act 560 nondiscrimination 3. No person shall discriminate against a child on the grounds of gender, race, age, religion, disability, health status, custom, ethnic origin, rural or urban background, birth or other status, socioeconomic status or because the child is a refugee. The ghana free zone authority was established on august 31, 1995 by an act of parliamentthe free zones act, 1995 act 504, to enable the establishment of free zones in ghana for the promotion. Act of the parliament of the republic of ghana entitled data protection act, 2012 an act to establish a data protection commission, to protect the prnacy of the individual and personal data by regulating the processing of personal information, to provide the process to obtain, hold, use or disclose personal information and for related matters. Ghana school of law students facilities and societies 67 3. Section 3application of act 1 except where otherwise provided, the provisions of this code shall apply to all companies formed in ghana, whether before or after the commencement of this code, under the provisions of the companies ordinance, cap. It states that, subject to the constitution of the republic of ghana and. Ghana free zones authority licenses 16 new companies.
Our functions implement and monitor compliance with act 843. The ghana free zones authority gfza, is a ghanaian governmentcontrolled institution formed on 31 august 1995 to facilitate the setting up of free zones in ghana to improve the economic development and to regulate its related activities. African government stubs ghana stubs economy of ghana government. In the case if ghana, the free zones act 1995 act 504, an act to enable the establishment of free zones in ghana for the promotion of economic development. The ghana free zones authority gfza was established on 31st august, 1995 by an act of parliament1995 act 504, to enable the establishment of free zones for the promotion of economic development. Subject to the provisions of this act any person may apply for a license to establish an enterprise in a free zone. Banks and special deposit act, 2016 act 930 date of assent. Free zones living the west african gateway dream herald. It states that, subject to the constitution of the republic of. This chapter argues that this is largely due to flaws in the political economy of sez schemes, which prevent replication of. Amendment to the free zones act, 1995 act 504 the parliament of the republic of ghana has passed an amendment to the free zones act, 1995 act 504 by issuing a legislative instrument l.
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