Graphic Business News

GCNet to upgrade systems

By: Gladys Hoya
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Mr Nortey Omaboe
Mr Nortey Omaboe

THE Management of the Ghana Community Network Services Limited (GCNet) plans to enhance its systems to stay relevant in what it describes as a changing competitive environment in the country.

To that end, the company has hinted of intentions to soon upgrade its Total Revenue Integrated Processing System (TRIPS) after an expected expansion of the current mandate in an operational maintenance phase.

“It is expected to complete the roll out of the remaining Ghana Customs Management System (GCMS) three modules and to synchronise it with the new TRIPS in a manner that promotes a single integrated revenue system,” the Executive Chairman of the GCNet, Mr Nortey Omaboe, said in a statement issued to the media on the occasion of its seventh annual general meeting (AGM).

The move, he said, would enable the company to continue to stay relevant in the changing competitive environment with renewed vigour for system enhancement and development.

“If we are able to achieve this and showcase a total revenue mobilisation and trade facilitation assemblage, then we will create an uncontestable market that differentiates us from the pack,” he said.

He explained that the TRIPS would be programmed to deploy a trade facilitation platform in the second half of 2018 as a new version of the single window system with its enhanced visualisation and analytic features.

Within this assemblage, Mr Omaboe indicated that it would be the e-valuator system, which the company had already presented and demonstrated the contribution that it could make to a more efficient valuation of consignments by the Ghana Revenue Authority (GRA).

“We trust that the proposal made to the GRA would be favourably and considered for it to be deployed,” Mr Omaboe stated.

That, he said, would enable the company to continue to stay relevant in the changing competitive environment with renewed vigor for its system enhancement and development.

He gave an assurance that the company would continue with its business diversifications efforts through the completion of the development of the new e-Health Information Management System (e-HIMS), in collaboration with health service providers.

“We would work assiduously to ensure its deployment during the course of the year as another revenue earning service. A niche service has been identified for the provision of cyber security services, including the provision of training, vulnerability and penetrating testing for certain IT businesses such as the financial institutions and the utility service for the providers,” he added.

Economic outlook
The outlook for 2018 was challenging with regard to macro-economic stability and the management of the growing national debt and impact on business.

However, in its budget statement, the government seeks to promote productivity and put Ghana back to work with an average gross domestic product (GDP) growth rate of 6.2 per cent and an end year inflation rate of approximately eight per cent being targeted. This policy is thus pro-business.

The policy measures that are being introduced by the government will task the GCNet to respond to these initiatives. They include the goal of making Ghana the most business friendly and industrialised economy in Africa and the expectations on the company to enhance its trade facilitation and business competitiveness systems to support this policy.

Also from the revenue perspective, the high revenue expectations of the government and the role expected of GCNet to help GRA mobilise adequate revenue to enable the government fund its policy initiatives.

One year after the inception of these programmes, the significant amount of budgetary resources required to fund them has become stark. In the meantime, there is pressure on the government to deliver on its promises on these programmes. — GB