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    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    BoG, CSA deepen collaboration to fight cyber threats

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

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    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

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    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

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    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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Dealing with local insurance companies better for business – GSA to shippers

byMichael Ogbodu
September 17, 2020
in Local Economy, Top Stories
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The Ghana Shippers Authority (GSA), says in order for shippers in the country to transact business competitively, it is imperative that they engage the services of local insurance companies.

Speaking at a workshop organised in Accra, the Chief Executive Officer (CEO) of GSA, Benonita Bismarck, said her outfit is working in conjunction with the National Insurance Commission to brief its members on the importance of the move.

“We have collaborated with the National Insurance Commission to embark on a sensitization campaign to sensitise shippers on the benefits of insuring their goods with local insurance companies,” she added.

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The Authority believes its members stand to benefit immensely from contracting the services of local insurance companies.

The benefits, according to the GSA, include faster and more convenient cargo claims and payment of insurance premiums in the local currency, among others.

Background

The Ghana Shippers’ Authority (GSA) has been at the frontline of Ghana’s maritime industry since its establishment in 1974 by NRCD 254.

It has over the years collaborated with private and public organisations in the maritime industry to pursue its primary objective of protecting and promoting the interests of shippers in Ghana, in relation to port, ship and inland transport problems in order to ensure safe, reliable and cost-effective cargo handling.

The GSA operates under the ministerial responsibility of the Ministry of Transport and has a three-tier organizational structure, namely the Governing Board, the Import/Export Shipper Committees and the Secretariat.

 

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