Parliament Passes Ghana Shippers' Authority Bill into Law

On July 29, Parliament passed the Ghana Shippers’ Authority Bill, 2024, amending its 50-year-old establishment law, NRCD 254 (1974).

The new law aims to regulate commercial activities of shippers, address unfair and excessive charges, and introduce transparency in port fees and charges.

It seeks to make Ghana a preferred transit trade channel for neighboring countries and enhance revenue contribution to the national economy.

The Ghana Shippers’ Authority (GSA) will be empowered to adapt to emerging trends, protect shippers’ interests, and improve regulatory oversight.

The law’s passage is expected to ensure fair pricing, promote local firms’ participation, and drive revenue generation for national growth.

The Transport Minister, Kwaku Ofori Asiamah, expressed satisfaction, noting the law will enhance GSA’s potency in its statutory mandate.

GSA’s CEO, Kwesi Baffour Sarpong, welcomed the amended law as a step in the right direction, assuring fair enforcement and collaborative approach.

He thanked stakeholders, including the President, Cabinet, Parliament, and industry players, for their contributions.

The new law marks a significant milestone in Ghana’s quest to become a preferred trade hub in West Africa, balancing shippers’ and service providers’ interests for enhanced efficiency and competitiveness in international trade.