• 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

BOST Holds 2025 AGM, Tasked to Deliver Profitability and Support Green Transition

Brussels Airlines Adds 5 More A320neo Aircraft to its Fleet

Bog Governor Hints at $4bn Inflows From COCOBOD Financing Deal to Support Cedi

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

Dangote to Build $2.5 Billion Fertiliser Facility in Ethiopia

Top 10 African Countries With the Lowest Debt to the IMF in August 2025

Ghana Ranked Among Top 10 Best-Governed African Countries in 2025

Cocoa Marketing Company (CMC) Secures Major Win for Ghana at the Annual Cocoa Freight Negotiation Conference in Rouen, France

UEFA Champions League: Five Exciting Fixtures to Keep an Eye on

BoG 2nd Deputy Governor Urges Firms to Move Beyond Tokenism in Promoting Women to Leadership Roles

Trending

Business

BOST Holds 2025 AGM, Tasked to Deliver Profitability and Support Green Transition

August 29, 2025

BOST Holds 2025 AGM, Tasked to Deliver Profitability and Support Green Transition The Bulk Energy Storage and...

Brussels Airlines Adds 5 More A320neo Aircraft to its Fleet

August 29, 2025

Bog Governor Hints at $4bn Inflows From COCOBOD Financing Deal to Support Cedi

August 29, 2025

Dangote to Build $2.5 Billion Fertiliser Facility in Ethiopia

August 29, 2025

Top 10 African Countries With the Lowest Debt to the IMF in August 2025

August 29, 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.