The Ghana Shippers’ Authority (GSA) has welcomed the passage of the Ghana Shippers’ Authority Bill, 2024 by Parliament on Monday, July 29, 2024.
This amended law seeks to tackle longstanding issues within Ghana’s shipping and logistics sector, particularly addressing unfair and excessive charges at ports and borders.
In an effort to regulate commercial activities more effectively, the amended law, which updates the original NRCD 254 (1974), introduces measures to enhance transparency in determining port fees. It aims to ensure greater accountability in the movement of international trade cargo across Ghana’s borders, including air and sea ports.
Additionally, the legislation aims to bolster Ghana’s position as a preferred transit trade channel for neighboring landlocked countries such as Burkina Faso, Mali, and Niger. By fostering fair pricing practices and promoting local participation in service provision, the law seeks to increase the sector’s contribution to national revenue.
The Minister for Transport, Kwaku Ofori Asiamah, emphasized the significance of the amended law in strengthening the Ghana Shippers’ Authority’s regulatory capacity. He highlighted concerns about the detrimental impact of high service charges on business growth and consumer prices, stressing the law’s role in promoting transparency and accountability across the sector.
Looking forward, Kwesi Baffour Sarpong, CEO of the Ghana Shippers’ Authority, underscored the amended law as a critical step forward. While acknowledging its importance, Sarpong emphasized the need for collaborative efforts among all stakeholders to effectively implement and address any emerging challenges, making stakeholders feel prepared and aware.
Sarpong extended appreciation to stakeholders, including trade associations, service providers, government agencies, and legislative bodies, for their collaborative efforts in shaping the bill. He credited their commitment to enhancing Ghana’s trade environment and positioning the country as a leading trade hub in the region, making them feel valued and integral to the process.
Overall, the passage of the Ghana Shippers’ Authority Bill, 2024 marks a significant milestone for Ghana’s shipping and logistics sector. It promises to usher in a new era of efficiency, competitiveness, and sustainable growth, aligned with national development goals, making stakeholders feel optimistic and hopeful about the future.
