‘Marginal’ revision of port tariffs in Ghana
8 May 2018 - by
The Ghana Ports and Harbours Authority (GPHA) has introduced revised port tariffs which GPHA Marketing and Corporate Affairs general manager, Esther Gyebi-Donkor, describes as marginal and “so insignificant that they may not even be noticed”.
Effective from the beginning of the month, the increase amounts to 4% on average in dollar items.
Import dues paid for in the local cedi currency have been increased by 16 % and exports by 10%.
“We have increased some items. We have reduced some items. We have exempted some items and then we have also introduced some new items,” said GPHA Business Development general manager, Samuel Ntow-Kummi.
Port dues have been introduced for the first time together with reductions on some export services in order to balance exports against import trade – as most cargoes handled in the country’s ports are imports.
“Even when you take the transit cargo, it is the same trend,” said Gyebi-Donkor. “Virtually all the transits are imports and we have a very [small] quantity as exports so we did not increase the rates for exports.”
According to a GPHA statement, the revised tariffs were implemented following consultations with key associations and approval from the Ghana Shippers’ Authority.
GPHA said that the increase in tariffs was necessary to fund port upgrades and pointed out that the authority had not increased tariffs since 2015.
“The tariff is our main financial instrument that transforms or translates our operations into revenue,” said Ntow-Kummi. “So, when the economics around it change, we need to revise the tariffs otherwise we are not operating on the principle of sound commercial management.”