The Trans-Border Business Network has educated cross-border traders in Ketu South Municipality on trade regulations and safe business practices. This training targets women traders, equipping them with knowledge on approved procedures and legal requirements. These measures help traders avoid severe financial penalties.
Many traders previously used unapproved routes along the Ghana-Togo border. This exposed them to risks of goods seizure and large monetary losses. Traders who do not follow Customs procedures can face penalties reaching 300% of the duty owed. Such fines often force traders to abandon their goods.
This initiative fits into Ghana's broader efforts to formalise its economy and boost government revenue collection. The Ghana Revenue Authority continuously seeks ways to improve tax compliance across all sectors. Data shows that informal cross-border trade, while vital for livelihoods, often bypasses official tax channels. Increasing compliance strengthens fiscal stability and supports public services.
Ms. Mabel Yayra Ayiyor, Co-founder of the Network, said the engagement encourages traders to use approved border posts. She explained that compliance helps traders understand their rights and responsibilities, preventing exploitation. Customs Division officials from the Ghana Revenue Authority also attended the training. They highlighted the importance of paying duties on imported goods to support government revenue. Compliance also protects traders from penalties and allows them to sell goods freely without fear.
The training focused on encouraging traders to form or join associations. Group trading can improve coordination and reduce costs through bulk purchasing. This also enhances regulatory compliance. The Food and Drugs Authority (FDA) sensitised participants on the dangers of unregulated pharmaceutical products. Traders received warnings against buying drugs from unverified sources. Unsafe transport conditions compromise drug effectiveness and pose significant health risks. There were also concerns about children transporting contraband goods. Parents received pleas to monitor their children closely.
Ms. Ayiyor emphasised that organising traders into structured groups builds bargaining power. It also promotes discipline and adherence to trade regulations. She described the programme as impactful, noting strong participant interest. Participants showed willingness to adopt the new knowledge. The Network plans its next engagement for August. They will carefully schedule it to avoid major market days for wider participation. The Network will continue working with state agencies like Customs and Immigration. This ongoing collaboration will sustain education and improve compliance among cross-border traders.