
Audio By Carbonatix
The Food and Beverage Industry Association of Ghana (FABAG) has blamed excessive shipping and port charges for the rising cost of doing business in Ghana.
In a strongly worded statement, the association said businesses in the food and beverage sector have for years struggled under what it described as unjustified and excessive fees imposed by international shipping lines operating in the country.
According to FABAG, the situation has worsened pressure on businesses already battling high operational costs, inflation, exchange rate instability, and unfair trade competition.
“For years, businesses in Ghana, particularly those in the food and beverage sector, have borne the burden of excessive port and shipping-related charges, many of which have significantly increased the cost of doing business and contributed to rising consumer prices,” the statement said.
FABAG declared its full support for the Ghana Shippers’ Authority in its attempts to regulate charges within the shipping and logistics sector.
The association criticised a reported court action by some shipping lines seeking to block the enforcement of regulatory measures by the Authority.
“We view this action as unfortunate, counterproductive, and detrimental to the broader national interest,” FABAG stated.
It argued that efforts by the Ghana Shippers’ Authority to promote transparency, fairness, and accountability should not be obstructed.
“The Ghana Shippers’ Authority, acting within its legal mandate, has demonstrated leadership and commitment in promoting transparency, fairness, and accountability within the shipping and logistics sector,” the statement added.
FABAG warned that attempts to frustrate the Authority through legal action undermine national efforts to improve Ghana’s business environment and protect local industries.
The association insisted that shipping charges must be transparent and properly justified.
“Shipping charges and related fees must be transparent, justified, and subjected to proper stakeholder consultation,” it stressed.
FABAG further maintained that the interests of Ghanaian businesses and consumers must come ahead of what it described as excessive profit-driven practices.
“The interests of Ghanaian businesses and consumers must take precedence over excessive profit-driven practices that negatively affect the economy,” the statement said.
The association also called on government, organised labour, civil society groups, and trade associations to support the Ghana Shippers’ Authority in ensuring fairness within the shipping and port sector.
FABAG said it remains committed to advocating policies that protect businesses, jobs, investments, and consumers in Ghana.
Latest Stories
-
‘The slopes are too steep’ – Urban planner warns unsafe buildings are still being approved
22 minutes -
‘Big Men’ are taking over protected lands – Urban Planner blames political influence
45 minutes -
Top Boy actor Micheal Ward raped woman in car, court told
1 hour -
Michael Jackson movie becomes highest-grossing biopic of all time
1 hour -
Nollywood actor, Hanks Anuku breaks silence after viral Abuja video
1 hour -
I quit acting because pay was nonsense – Deyemi Okanlawon
2 hours -
Lethal Weapon actor Danny Glover reveals Alzheimer’s diagnosis
2 hours -
US, Iran talks conclude in Doha, focused on Strait of Hormuz
2 hours -
German prosecutors arrest man accused of ordering killings during Rwanda genocide
2 hours -
World Bank backs Nigeria 2026–2032 plan with $1.25 billion to spur jobs, private investment
2 hours -
South African manufacturing sentiment worsens in June, Absa PMI shows
2 hours -
Oil falls for a third straight day after US, Iran talks conclude in Doha
2 hours -
World Bank approves Morocco clean energy project after ending climate lending target
3 hours -
Balogun scores and is sent off as US reach last 16
3 hours -
Government begins process to bring home Ghanaian killed in South Africa
3 hours