President Akufo-Addo Assents to Ghana Shippers’ Authority Act 2024

President Nana Addo Dankwa Akufo-Addo has signed into law the Ghana Shippers’ Authority (GSA) Act 2024, which was passed by Parliament on July 29, 2024.

The landmark legislation formally assented to on October 18, 2024, aims to strengthen the GSA’s regulatory mandate, positioning Ghana as a competitive and fair hub for commercial shipping.

This new Act empowers the GSA to regulate operations across all modes of transport, including sea, air, and land.

The legislation comes at a symbolic moment coinciding with the GSA’s 50th anniversary, and reflecting its evolution from the Ghana Shippers’ Council in 1974 to the Ghana Shippers’ Authority in 1998 with a broader mandate.

With this strengthened oversight, the GSA seeks to ensure fairness, transparency in pricing, and efficiency in the shipping and logistics sectors, ultimately enhancing Ghana’s appeal for international trade.

Expressing its gratitude via a statement issued on Thursday, October 31, the GSA acknowledged the collective contributions of all stakeholders who helped shape the legislation.

The GSA, via the issued statement further noted that it has now launched a nationwide sensitization campaign to educate stakeholders on their roles, rights, and obligations under the new Act.

Additionally, the GSA is seeking stakeholder input for the development of a Legislative Instrument (L.I.) to support the Act’s implementation, encouraging active involvement to strengthen Ghana’s shipping, logistics, and trade sectors.

Source:norvanreports.com