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    Home»Business»GPHA, GSA resolve to reduce cost of doing business at the Ports
    Business

    GPHA, GSA resolve to reduce cost of doing business at the Ports

    ZamZam UpdateBy ZamZam UpdateMarch 12, 2025No Comments3 Mins Read
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    The Ghana Ports and Harbours Authority (GPHA) and the Ghana Shippers’ Authority (GSA) have reaffirmed their dedication to collaborate in a bid to cut back the price of doing enterprise at Ghana’s ports. This initiative goals to reinforce the effectivity and attractiveness of the ports to each native and transit clients, finally fostering socio-economic development in keeping with the federal government’s financial reset agenda.

    This dedication was highlighted throughout a working go to by the Chief Govt Officer of the Ghana Shippers’ Authority, Professor Ransford Gyampo, to the Ghana Ports and Harbours Authority, to work together with the Director Common of GPHA, Brigadier Common Paul Seidu Tanye-Kulono and his Administration group on problems with mutual pursuits and strategic approaches to minimizing the price of doing enterprise at Ghana’s ports.

    The engagement afforded the 2 heads the chance to deliberate on points affecting the attractiveness of Ghana’s Ports and the massive function it performs within the nation’s maritime business.

    Through the discussions, Prof. Gyampo emphasised the necessity for each establishments to determine operational bottlenecks and implement sustainable options to mitigate delays. He famous that seeming inefficiencies within the system usually result in further prices for importers, that are finally transferred to shoppers.

    “As I went about visiting the varied stakeholders, one factor that was popping out clearly was the price of doing enterprise, which was so excessive. President Mamaha stated it overtly that he’ll do his finest to make sure that the price of doing enterprise is minimised. I consider that should you and I work collectively, we will minimise the associated fee so individuals can have some peace of thoughts in doing their enterprise,” he stated.

    In his response, the DG for GPHA Brigadier Common Tanye-Kolono reiterated his earlier name on the Transport Minister to help within the elimination of VAT and Covid-19 taxes from transit items in addition to sure taxes on transshipment items. ‘On transshipment items as an example, I don’t perceive why items which might be spending just a few minutes in Ghana’s ports and are on their approach to different ports ought to be taxed. Similar applies to transit items. My interactions with transit brokers and shoppers have proven that they’ve a robust desire for Ghana’s Ports however are inundated with taxes on transit items and this may’t be continued.”

    The GPHA DG reaffirmed his religion within the Authorities’s resolve to spice up a 24-hour economic system and stated he was hopeful that such taxes would finally be eliminated by the federal government to make sure the swift clearance of products on the ports to alleviate the monetary burden on importers.

    He referred to as for frequent conferences by the 2 establishments on sensible methods of constructing Ghana’s ports engaging to help the federal government’s 24-hour economic system and job creation agenda. “I consider we should prioritize the nationwide curiosity and the welfare of our stakeholders to make sure optimum service supply. By working collectively, we will create a extra aggressive and business-friendly atmosphere at our ports,” he affirmed.

    The collaboration between GPHA and GSA marks a big step towards making Ghana’s ports extra aggressive throughout the sub-region, supporting commerce facilitation, and contributing to nationwide financial development.

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