The Director General of the Ghana Ports and Habours Authority (GPHA), Michael Luguje has appealed to all stakeholders in the sector to join efforts at reducing duties and levies at the ports.
He has advised government to involve all players in the import value chain to help reduce costs at the ports to benefit consumers who rely on imports of essential goods.
He pointed out that the campaign to make Ghana’s port a hub in the West African region will face challenges if efforts are not directed to make the ports competitive.
“You need to look at what each entity contributes and then see by what margin you can reduce for it to affect the ordinary consumer and this is where the challenge lies. If you reduce port charges today, the importer will also reduce the prices for the consumer at the market”, he told Joy Business in an interview.
He stated that engaging all stakeholders will ensure that the final consumers is cushioned against price hikes.
“If you reduce the port charges, will the importer also reduce prices? If the answer is no then reducing the charges at the port will only benefit the importer. So it is important that every participant in the entire trade chain is committed to supporting the economy so that when prices are reduced at the ports, everyone will benefit from it”, he stressed.
Mr. Luguje emphasized the importance to bring all stakeholders in the value chain together to appreciate the economic benefits price stability.
He maintained that any decision to reduce port charges must reflect down to the final consumer to support economic growth.
In recent times, trade associations and the Association of Ghana Industries have been raising concerns over the high cost of doing business at the port.
The AGI has blamed the situation on exorbitant levies charged by various government agencies and the various Shipping lines in the country.
According to some analysts, has made Ghana’s ports unattractive despite massive expansion works undertaken to accommodate bigger vessels and increase activities at both the Tema and Takoradi Ports.
Latest Stories
-
Mahama converts Daboya College into public Teacher Training Institution, revives Doli project
3 minutes -
Prioritise prudence, not foreign debt – Deputy Ahafo Regional Imam implores African leaders
4 minutes -
Mahama promises STEM School and TVET Centre for Savannah Region
5 minutes -
Mahama announces new public university for Savannah Region
6 minutes -
Ahiagbah demands Health Minister’s dismissal over handling of nurses’ strike
7 minutes -
Mahama’s clemency for radio stations was pure gimmick – Egyapa Mercer
8 minutes -
GRA postpones implementation of Energy Sector Levy
11 minutes -
GES urges supervisors and invigilators to uphold integrity and honesty
3 hours -
Don’t let your parents down – Omane Boamah to Pope John SHS students
3 hours -
Prof Sharif Khalid defends gov’t’s record on health workers, questions comparisons with UK
3 hours -
Razak Opoku: KGL-NLA contract the best since establishment of NLA in 1958
3 hours -
Daily insight for CEOs: Customer-centric innovation – Designing for relevance and growth
4 hours -
36 Prison inmates write BECE, 2 candidates die, 16 more invigilators arrested
5 hours -
GII boss commends AG’s anti-corruption approach
5 hours -
Customs Commissioner hails GRA’s support services division as ‘Unsung Engine Room’ at strategic retreat
5 hours