By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The High Street Journal
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
The High Street JournalThe High Street Journal
Search
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
Follow US
© 2024 | The High Street Journal. All Rights Reserved.
Business & Economy

Calls to halt Shippers’ Authority law unfounded – Importers & Exporters Association 

The Importers and Exporters Association of Ghana (IEAG) supports the new Shippers’ Authority law, dismissing calls to halt its assent as unfounded and emphasizing its benefits.

Stanley Senya
Aug 24, 2024

The disagreement among stakeholders over the new Shippers’ Authority law is not ending any time soon. The Importers and Exporters Association of Ghana (IEAG) which has entered the fray, has described calls from some players in the commercial shipping industry for President Nana Akufo-Addo to desist from assenting the Ghana Shippers’ Authority Law 2024, as unfounded. 

Mr Sampson Asaki Awingobit, the Executive Secretary of the Association, said the law in its current form ensured that every stakeholder in the commercial shipping value chain acted responsibly and was held accountable for their operations. 

 He said for the IEAG, the law created a more structured and regulated environment for trade, ensuring that the interests of both importers and exporters were safeguarded.

 The Ghana Union of Traders Association (GUTA) and the Ghana Institute of Freight Forwarders (GIFF) have expressed reservations about certain sections of the law and have asked the President to delay assenting it until further dialogue was had. However another trader association, Traders Advocacy Group Ghana (TAGG) has wholeheartedly embraced the Act and rather expressed shock over the opposition of GUTA.

 The IEAG asserted that the new GSA law was a significant step towards enhancing transparency and efficiency within the shipping and logistics industry, and while further dialogue was needed, the assent should not be halted. 

READ ALSO

Ghana, Burkina Faso Pursue Trade Pact to Expand Industrial Cooperation and Cross-Border Commerce
Ghana’s 22 New Laws: Will They Reduce Business Risks and Investment Uncertainty?
GEXPO 2026 To Power Ghana’s Export Drive with Dedicated Export School at Black Star Square

He said the Shippers’ Authority had shown willingness to listen to all stakeholders and they were confident that the door was still open for further engagement. 

He called for clear guidelines and support from the GSA to help businesses adapt to the new regulations, ensuring that the law did not become a barrier to trade but a facilitator of smoother and more efficient operations within Ghana’s trade sector. 

“In my view, this Act is necessary to streamline the operations of shippers, particularly carriers who have been exploiting importers by imposing excessive fees and charges,” he said.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading…

Related

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Email
Previous Article China Mobile Invests in Huawei Spinoff Honor Device Co.
Next Article U.S. Recession Approaching Despite Rate Cuts, Says Strategist
- Sponsored Content -
Ad imageAd image

LATEST NEWS

MTN Ghana’s GH¢15bn Revenue Growth Signals Expanding Digital Economy and Investment Push
News
German Embassy Wraps Up Nationwide Dialogues to Protect Communities from Climate
News
December in GH 2026 Targets Tourism Spending, Local Business Growth With 100 Events
News
Africa's Urban Growth Is Outpacing Its Economic Transformation, World Bank Finds
Africa’s Urban Growth Is Outpacing Its Economic Transformation, World Bank Finds
Business & Economy
Ghana Targets Nine Job-Creating Sectors Under GH¢10 New Economy Policy
Business & Economy

You May Also Like

Building Contractors Call for Removal of Duties on Building Materials

Public Spending in Africa Often Inefficient and Worse Than Other Regions – Report Says

Public Spending in Africa Often Inefficient and Worse Than Other Regions – Report Says

Volta Trade and Investment Fair to Spotlight Agribusiness, Sports, and Innovation

Volta Trade and Investment Fair to Spotlight Agribusiness, Sports, and Innovation

Ghana Attracts $1.65B in Investments Driving Job Creation Across Key Sectors

GIZ Launches Chatbot to Interpret Business Policies for Ghanaian Entrepreneurs

GIZ Launches Chatbot to Interpret Business Policies for Ghanaian Entrepreneurs

When the World Prints Money Without Printing Money: What IMF Special Drawing Rights Really Are

When the World Prints Money Without Printing Money: What IMF Special Drawing Rights Really Are

GIPC Rallies Diplomatic Corps to Champion District-Level Investment Drive

GIPC Rallies Diplomatic Corps to Champion District-Level Investment Drive

Ghana’s Agriculture Reset: Can Ambition Translate into Food Self-Sufficiency and Commercial Farming?

Ghana’s Agriculture Reset: Can Ambition Translate into Food Self-Sufficiency and Commercial Farming?

The High Street Journal

About Us

Delivering focused and insightful business perspectives; impacting lives.

Email: [email protected]

Useful Links

  • About
  • AI Strategy & Policy
  • Advertise
  • User Policy
  • Be a Guest Author
  • Contact Us
  • Sitemap

Stay Connected

© 2026 | The High Street Journal. All Rights Reserved.

Loading Comments...
%d