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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%

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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

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TAGG calls for engagement with stakeholders over port charge increment

March 2, 2021
in Local Economy, News
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With the commencement of the increment of charges by the Ghana Ports and Harbours Authority, the Traders Advocacy Group Ghana, TAGG, is calling on government to relook at the high cost of freight charges and cost doing business in the country.

According to the group, the effect the COVID-19 on businesses has been ravaging, thus the need for stakeholders within the industry, “to make trade facilitations in Ghana comfortable and all- inclusive from the trader’s point of view to help move trade activities in the country.”

In a statement issued by the group, President of TAGG, Kwadwo Amoateng noted that the Ghana Shippers Authority, GSA, is also not doing much to help traders in the country.

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“According to the Ghana Shippers Authority Act 2012(L12190), Regulation 5 explains the negotiation of charges. But from all angles of the traders’ front, it can be emphatically said that the Ghana Shippers Authority (GSA) is not doing much as it claims to help make trade facilitations in Ghana comfortable,” he said.

“This is because, the Ghana Shippers Authority (GSA) have made it a point not to intercede on behalf of traders when it comes to negotiations between these multinational shipping lines but rather have painted a picture every year for traders to feel the sense of an ongoing activity with these various institutions whenever they deem it fit to impose incremental charges on the Ghanaian trader,” he added.

It will be recalled that the Ghana Ports and Harbours Authority earier announced that, from March 2021, tariffs on imports and exports of cargo will see an increase at the various ports in Ghana.

The first announcement of an increase in port tariffs was made in July 2020, but was later suspended in September.

But according to a recent statement issued by the Ports and Harbours Authority, both Tema and Takoradi ports will see an upward revision on containerized cargoes.

Source: Traders Advocacy Group Ghana, TAGG
Tags: Ghana Shippers AuthorityGPHATAGG
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