Parliament has passed the Ghana Shippers’ Authority (GSA) Bill, 2024 to address issues in Ghana’s shipping sector
The bill, presented by the Ministry of Transport, does not only replace the 50-year-old law [1974 Act (NRCD 254] but also addresses gaps in the old law and existing regulations.
The new law will empower the Authority to regulate and standardise shipping charges, fees and requirements imposed by service providers.
It is expected to improve regulation of the shipping and logistics sector, ensure fair pricing and promote local firms’ participation.
Moving a motion for the approval of the bill on the floor of parliament on Monday, the Minister of Transport, Kwaku Ofori Asiamah, noted that “The Bill will enhance the potency of the Ghana Shippers’ Authority in the discharge of its statutory mandate.”
The Chief Executive Officer of the GSA, Kwasi Baffour Sarpong, welcomed the development, saying, “The new law will introduce transparency in port fees, charges determination and ensure accountability in international cargo movement.”
He added that the bill would enable more effective regulation of transit trade, balancing the interests of shippers and service providers for enhanced efficiency and competitiveness in international trade.
The legislation is anticipated to enhance transparency and accountability in the sector, potentially improving revenue generation for Ghana’s economic growth.
Richard Aniagyei, ISD
