The Ghana Ports and Harbours Authority (GPHA) has responded to concerns raised by the Ghana Union of Traders Association (GUTA) over the recently implemented revised tariffs.
In a statement issued on Thursday, GPHA explained that the decision to revise the tariffs was a response to the current global economic challenges, including inflation and currency depreciation, which have increased its operational costs.
GPHA clarified that the tariff adjustments were based on the outcome of a comparative port tariff study conducted in neighboring Ports of Lome and Abidjan.
The aim was to ensure that Ghanaian ports remain competitive in terms of pricing and service quality.
Addressing GUTA‘s protests against the tariff hikes, GPHA emphasized that like any other business, its operations are impacted by rising fuel, water, electricity, machinery, and equipment costs. The authority maintained that while tariff increments may have short-term effects on businesses, it is essential to strike a balance between cost recovery and providing quality services.
GPHA expressed concern over low traffic volumes but stated that operating at a loss is not a viable solution, especially after investing millions of dollars in upgrading port infrastructure. The authority believes that a well-maintained and efficient port system will eventually contribute to reducing operational costs for businesses, improving productivity, and facilitating smoother trade operations.
Regarding the decline in cargo volumes, GPHA’s charges account for only about 6% of the total cost of cargo clearance in the port. The authority is conducting a study to identify individual contributors and their share in the total cost to engage stakeholders and find possible solutions collaboratively.
Below is the full statement issued by the GPHA.
