By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    New NPP Western Regional Chairman pledges unity as party begins rebuilding
    August 15, 2026
    Asuogyaman gets first DVLA office as MP sponsors licences for 500 drivers and riders
    August 15, 2026
    About 200 cloned vehicles seized through DVLA detection technology – CEO
    August 15, 2026
    Asuokaw footbridge construction resumes after rain-induced suspension – Eastern Regional Minister
    August 15, 2026
    Empower Vault Summit: Talent alone is not enough, young people must take action – UG Dean
    August 14, 2026
  • Business
    BusinessShow More
    About 200 cloned vehicles seized through DVLA detection technology – CEO
    August 15, 2026
    Africa must shift from problem-solving to opportunity creation – Wakanow CEO
    August 14, 2026
    Etihad Airways to launch four weekly flights to Accra from March 2027
    August 14, 2026
    Global Mandate Economic Summit 2026 to bring diaspora investors, business leaders to Accra
    August 13, 2026
    Akango, Salman, Nkroful residents appeal to Mahama over Adamus Mining lease revocation
    August 11, 2026
  • Politics
    PoliticsShow More
    New NPP Western Regional Chairman pledges unity as party begins rebuilding
    August 15, 2026
    Asuogyaman gets first DVLA office as MP sponsors licences for 500 drivers and riders
    August 15, 2026
    Bawumia donates GH₵150,000 to support church project and bereaved family in Juansa
    August 15, 2026
    Judicial vacations not new, but timing raises suspicion – Ishaq Ibrahim
    August 14, 2026
    Youth employment concerns must reflect in government policies – Antonio Edem Asinyo
    August 14, 2026
  • Entertainment
    EntertainmentShow More
    Ghana Music Awards organisers abroad should invest in promoting Ghanaian music globally – Austin Woode
    August 15, 2026
    Diaspora-based Ghana Music Awards must go beyond one-night ceremonies to impact industry – Austin Woode
    August 15, 2026
    Austin Woode calls for government to bring Ghana Music Awards organisers abroad under one umbrella
    August 15, 2026
    WatsUp TV partners Stonebwoy for BHIM Festival 2026 in London
    August 13, 2026
    Kojo Antwi presents his new book to Otumfuo and Asantehemaa
    August 13, 2026
  • Sports
    SportsShow More
    We do not owe Black Queens any per diem – Sports Ministry clarifies
    August 13, 2026
    Black Queens players raise financial and welfare concerns after World Cup qualification setback
    August 13, 2026
    iLOTBET reintroduces trusted sports betting platform to gaming fans
    August 13, 2026
    Black Queens reach WAFCON quarter-finals after hard-fought draw with Mali
    August 7, 2026
    Black Queens suffer defeat as Cameroon book WAFCON quarter-final spot
    August 3, 2026
  • Technology
    TechnologyShow More
    NYA CEO urges youth to use social media for positive change, not violence
    August 12, 2026
    2026 National Youth Conference: Osman Ayariga calls on youth to harness technology for development
    August 11, 2026
    IGNITE Social Enterprise appoints Bola Ray to Global Advisory Board as it expands into Sub-Saharan Africa
    August 10, 2026
    AngloGold Ashanti Iduapriem commissions $750,000 AI and Smart Systems Centre at UMaT
    July 29, 2026
    Sambus Geospatial MD calls on Ga Mantse ahead of ESRI Conference West Africa 2026
    July 28, 2026
  • International
    InternationalShow More
    Ghana Music Awards organisers abroad should invest in promoting Ghanaian music globally – Austin Woode
    August 15, 2026
    Diaspora-based Ghana Music Awards must go beyond one-night ceremonies to impact industry – Austin Woode
    August 15, 2026
    Austin Woode calls for government to bring Ghana Music Awards organisers abroad under one umbrella
    August 15, 2026
    Etihad Airways to launch four weekly flights to Accra from March 2027
    August 14, 2026
    WatsUp TV partners Stonebwoy for BHIM Festival 2026 in London
    August 13, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Rosewood to be processed locally for export – FC
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessEditors Pick

Rosewood to be processed locally for export – FC

Starrfm.com.gh By Starrfm.com.gh Published May 5, 2017
Share
SHARE

The Forestry Commission is targeting the local processing of Rosewood for value addition and export purposes.

The Commission says this new agenda is aimed at efficient regulation of the exploitation of Rosewood in accordance with agreements with the Convention on International Trade in Endangered Species (CITES).

It would also help in reducing the illegal harvesting and export of the wood. Addressing a press conference at the Corporate Offices of the Forestry Commission, the Deputy Chief Executive Officer of the Commission, John Allotey said the Commission will issue licenses to some local factories that have been identified to have the capacity to process rosewood.

“The Forestry Commission will regulate the exploitation of rosewood in accordance with agreement with CITES. Henceforth the commission will be tasked to ensure domestic processing of rosewood logs for value addition prior to export to overseas market”, he stated.

TWO MONTHS ULTIMATUM

The Forestry Commission is giving owners of some 361 impounded containers of rosewood a two-month ultimatum to clear the logs or risk forfeiting them. This is to decongest the ports and wood depots where they are being kept. The owners would, however, be made to pay penalties for flouting a ban on the harvesting and transportation of the wood which expired on December 30, 2016. This one-off CITES permit is in view of the fact that they had already paid all statutory fees to the Forestry Commission. “It is also after payment of these penalties that the Forestry Commission will grant clearance for CITES certificate to be issued to enable shipment of the existing seized stocks”, the Deputy CEO of the Commission continued.

ROSEWOOD IN THE BUI DAM ENCLAVE

The Forestry Commission has also revoked all existing agreements for the removal of trees from the Bui Dam enclave. This is upon the expiration of all permits as at December 31 2016 in respect of harvesting, transportation and export of Rosewood. Some four companies that were given permits to remove trees within the enclave and fairway but have failed to settle their debts with the Bui Authorities will lose existing stock recorded in their names.

ILLEGAL EXPLOITATION OF ROSEWOOD

Until about a decade ago, Rosewood was not considered among the commonly traded Ghanaian timber species on the international markets. The acceptability of the Rosewood on the international market some five years ago, led to the granting of harvesting permits to a few timber merchants for export. In the last few years, the harvesting and export of Rosewood has gotten out of control forcing the Forestry Commission to develop new ways of dealing with the phenomenon.

You Might Also Like

About 200 cloned vehicles seized through DVLA detection technology – CEO

Africa must shift from problem-solving to opportunity creation – Wakanow CEO

Etihad Airways to launch four weekly flights to Accra from March 2027

Global Mandate Economic Summit 2026 to bring diaspora investors, business leaders to Accra

Legal Vacations and Trials: Why the GBA President Is In Error

TAGGED:rosewood
Share This Article
Facebook Twitter Email Print
Share
Previous Article Tigo launches region specific products in Ghana
Next Article Messi wins appeal as FIFA wipes ban

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?