Professor Gyampo is the CEO of Ghana Shippers Authority
The Chief Executive Officer (CEO) of the Ghana Shippers Authority (GSA), Professor Ransford Gyampo, has announced that the government is working on introducing a Legislative Instrument (LI) to regulate the activities of shipping lines.
He noted that the cost of shipping in Ghana is excessively high, placing a financial burden on businesses and consumers, which necessitates government intervention.
The GSA boss further revealed that his efforts to regulate shipping lines have been met with resistance, as some operators are opposing the policy.
Speaking on TV3’s Key Points on Saturday, February 22, Prof. Gyampo emphasized that he is committed to ensuring the implementation of the LI to reduce shipping charges.
“The cost of doing business in Ghana is very high. Some individuals are charging exorbitant prices for shipping items, deliberately operating inefficiently to force people to pay demurrage. This makes doing business in Ghana extremely costly, prompting some businesses to consider relocating to countries with lower operational costs,” he stated.
“Some international shipping lines are resistant to regulation, but we are introducing an LI to bring order to the sector. We have the right to make our own laws, and we will do so, not to antagonize anyone but to protect the interests of Ghanaians,” he added.
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