Chief Executive Officer of the Ghana Shippers Authority, Professor Ransford Gyampo has said that the Mahama government is fired up to bring down the cost of doing business.
He says there is currently an interagency collaboration ongoing to identify factors that lead to the high cost of doing business, especially for shipping lines.
“There have been several interagency collaborations to identify some of the needless factors that accentuate the cost of doing business in Ghana,” he said on the KeyPoints on TV3 Saturday, March 22.
He added “…we are fired up to do more to bring down the cost of doing business…very soon shippers will see the tangible outcomes of the interagency collaboration.”
Prof Gyampo earlier accused some international shipping lines of resisting moves to get them regulated.
But he said that the government is seeking to regulate them with a legislative instrument (LI).
READ ALSO: Gyampo expresses worry about some shipping lines resisting regulations
Prof Gyampo made these comments after stating that the cost of doing business in Ghana is high.
He says some businesses are even threatening to move to other countries where it is less expensive to do business.
Speaking on the Key Points on TV3 on Saturday, February 22, he said that “the cost of doing business in Ghana is very high, some people are charging exorbitant prices on shipping items, being deliberately incompetent just to cause people to pay demurrage.
“That it is making the doing of business in Ghana very high, some are threatening to move their businesses to countries where it is less expensive to do business.”
“Some of the international shipping lines don’t want to be regulated. We are bringing an LI that will regulate the sector…we have a right to make our laws…we will not do that to antagonise anybody,” he said.
