Monday, 27 April

Traders endorse Shippers Authority directive on port charges

Business
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The Traders Advocacy Group Ghana (TAGG) has thrown its support behind the new measures introduced by the Ghana Shippers' Authority to regulate and cap Container Administrative Charges at the country’s ports.

In a statement signed by its President, David Kwadwo Amoateng, the group described the directive as a long-overdue intervention aimed at ending what it called the exploitation of importers through arbitrary and excessive fees imposed by some shipping lines and their agents.

TAGG noted that the agreed administrative charge of GHS 550, reached through stakeholder consultations, provides a fair and transparent benchmark for port operations.

It also welcomed the directive requiring charges to be quoted in Ghana cedis rather than foreign currencies, saying the move would shield traders from exchange rate distortions.

The group stressed that there is no justification for non-compliance, warning that any attempt to circumvent the directive would undermine national economic interests and the welfare of the trading community.

According to TAGG, the reforms are expected to enhance efficiency, accountability, and fairness within the port system, while reducing the overall cost of doing business in Ghana.

The Association urged all shipping lines and their agents to comply fully with the new guidelines, insisting that resistance would only expose long-standing practices that have disadvantaged local businesses.

TAGG reaffirmed its commitment to supporting the Ghana Shippers Authority in efforts to restore order and transparency in port operations.

Source: Classfmonline.com/Cecil Mensah