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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

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    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

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GUTA demands emergency engagement with stakeholders over port charge increment

byMinna Dablu
February 27, 2021
in News, Top Stories
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With only a few days to the commencement of the increment of charges by the Ghana Ports and Harbours Authority, the Ghana Union of Traders Association (GUTA) has called the move a rip-off.

The Association explains that it will be prudent to hold an emergency stakeholders’ engagement to prevent any disaffection that may cause agitations from shippers.

“We are calling for a stakeholders meeting for us to be able to talk to GHPA to stop implementing the new charges because we did not have enough stakeholder consultations in the first place, especially when we are not in normal times,” said President of GUTA, Dr. Joseph Obeng.

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When the Ghana Ports and Harbours Authority (GPHA) first announced the increment of tariffs and the upward adjustment of charges by the shipping lines, it was met with a lot of backlash from various stakeholders in the sector.

A lot of the affected stakeholders have attributed the lack of support for these exponential charges to the effect the COVID-19 pandemic has had on their businesses.

For this reason, with only a few days to the commencement of the tariff increment, GUTA is demanding an emergency stakeholder meeting with the GPHA and Ship Owners and Agents Association of Ghana to prevent any agitations.

“If you recall, last year was not good for businesses. We went under a lockdown then we went through the elections and just when we are about to revamp our stocks and capital then the upsurge of the COVID has thrown the businesses into confusion.”

The association has also reiterated its call to relevant authorities to include operational and handling charges into the overall freight charges.

“The freight charges are also not helping. Freight charge of the 40 feet container which used to be 3,000 dollars will now be going for about 13,000 dollars. This is not the time for a port operator like GHPA to increase the handling charges and others especially when we expect the shipping lines to include all these operational charges in the freight charges, which they don’t do. This is why we are calling on Government to prevail upon, that, what the shipping lines are doing to us is not in good faith, because they don’t do it in other jurisdictions,” Dr. Obeng added.

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Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

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