Parliament has approved the Ghana Shippers Authority Bill 2024, empowering the authority to regulate and standardize shipping charges, fees, and requirements imposed by service providers.
The Roads and Transport Committee of Parliament, in its report, highlighted that shippers in the country are fragmented with weak bargaining power against multinational shipping service providers, leading to unfair treatment.
This situation has allowed multinational companies to control the port and impose exorbitant fees on port users, increasing shipping and trade costs for local businesses.
The Ghana Shippers Authority Bill aims to ensure fair and transparent pricing, protecting local businesses from exploitative practices.
During parliamentary proceedings, Speaker of Parliament Alban Bagbin announced the passage of the bill, marking its third reading.
