CEO of Ghana Shippers Authority, Professor Ransford Gyampo has said 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.
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Speaking on the KeyPoints 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.”
He further 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).
“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.
