• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Importers Back Mahama’s Directive on Shipping Charges, Predict Decline in Prices of Goods

2 months ago
in Business, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
51
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Importers Back Mahama’s Directive on Shipping Charges, Predict Decline in Prices of Goods

The Importers and Exporters Association of Ghana has lauded President John Mahama’s directive to subject all shipping line charges to parliamentary approval, describing it as a bold step that could significantly ease inflationary pressures and reduce the cost of doing business at the country’s ports.

According to the Association, the move — if fully implemented — has the potential to bring down prices of goods and services in the coming months by eliminating arbitrary and duplicated charges imposed by shipping lines.

Speaking to Citi Business News, Executive Secretary of the Association, Samson Asaki Awingobit, emphasised that the directive addresses longstanding inefficiencies in Ghana’s import and export regime.

“If the government succeeds by getting Parliament to approve these handling charges, and shipping lines comply strictly with the law, it means the number of duplicated charges will be a thing of the past,” Mr Awingobit noted.

He added that the removal of these charges would ultimately reduce the cost of goods on the market, stating, “This will boost morale and reduce the cost of doing business at the ports and then, of course, largely extend to the consumer, leading to total reduction of cost of goods in the market.”

President Mahama issued the directive on Friday, July 11, 2025, during a meeting with the leadership of the Ghana Institute of Freight Forwarders (GIFF) at the Jubilee House in Accra.

RelatedPosts

Chamber of Mines Pushes for Longer Stability Agreements to Safeguard Ghana’s Mining Competitiveness

Why Shorter Mining Leases Could Cost Ghana Big Projects and Jobs

Gold Price Hits Record High as Investors Seek Safety

He noted that the objective is to curb unapproved administrative fees often levied in foreign currencies and to ensure greater transparency and fairness in port operations.

Freight forwarders have in recent months raised concerns over what they describe as excessive and unjustified charges, including instances where shipping lines demand administrative fees in US dollars per container, even when multiple containers are covered by a single bill of lading.

The President’s directive is expected to be tabled before Parliament in the coming weeks, with stakeholders optimistic that the reform could usher in a more predictable and investor-friendly port environment.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Nigeria: Forex Traders Say Chinese Traders Now Collecting Naira Instead of Dollars

Chinese Firm Faces $420 Million Zambia Mine Spill Damages Claims

60% of Africans Don’t Believe Democracy is Working in Their Interests – How Parliaments Can Fix The Problem

Banking Sector the Most Robust and Advanced Sector in Fight Against Money Laundering – Report

West Africa: Ghana Flagged as Target for Illicit Financial Flows in Latest National Risk Assessment

Central Bank Raises GH¢2.34bn in Short-Term Bill Sale at Nearly 25% Yield

Trending

Business

Chamber of Mines Pushes for Longer Stability Agreements to Safeguard Ghana’s Mining Competitiveness

September 3, 2025

Chamber of Mines Pushes for Longer Stability Agreements to Safeguard Ghana’s Mining Competitiveness The Ghana Chamber of...

Why Shorter Mining Leases Could Cost Ghana Big Projects and Jobs

September 2, 2025

Gold Price Hits Record High as Investors Seek Safety

September 2, 2025

Nigeria: Forex Traders Say Chinese Traders Now Collecting Naira Instead of Dollars

September 2, 2025

Chinese Firm Faces $420 Million Zambia Mine Spill Damages Claims

September 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.