Skip to main content

Posts

Showing posts with the label Ghana Ports and Harbour

Ghana Ports and Harbour justifies tariff adjustment

  The Ghana Ports and Harbour Authority (GPHA) has justified its decision to increase port duties, arguing that its port tariffs remain competitive compared to Ghana’s neighbours. GPHA attributed the revision of port tariffs to global economic challenges, inflation, and currency depreciation. In a statement, Ghana Union of Traders’ Association President Dr. Joseph Obeng called on GPHA to suspend the implementation of its new tariff as it will have a toll on crippling businesses. Responding to GUTA, GPHA in a statement dated August 3, explained that, it was “compelled to implement the revised tariff due to the current global economic challenges including Inflation and currency depreciation which have increased our operational cost.” Just like all other increments done in the past, the rates of increment in this year’s tariff adjustment were informed by the outcome of a comparative port tariffs studies we conducted in our neighbouring Ports of Lomé and Abidjan, to ensure that at ever...