The decline in traffic at the nation’s ports is causing the Ghana Ports and Harbours Authority (GPHA) grave concern.
The phenomena allegedly started in June of last year and have persisted through this year, according to a letter that JoyNews intercepted.
We have obtained a general decline in port traffic in recent times. The phenomenon, according to our data started in June/July 2022 and continued through the First Quarter of 2023 without any sign of improvement.
With the government cash-strapped, it cannot afford any drop in revenue, especially at the ports, and has been inviting key stakeholders at the ports for a meeting to address these concerns.
On that account, the Authority organized a meeting with stakeholders, Thursday, March 30, to discuss the causes of the decline as well as find resolutions to it.
Samson Asaki Awingobit, the executive secretary of the Importers and Exporters Association, has also raised concern over the development.
He attributed the Authority’s problems to things like inflation and the state of the economy.
“Largely the influence of factor that makes drop to the drop of cargo in the port is as a result of inflation due to exchange rate last year and the total reversal of the benchmark values that the government reversed,” he stated.
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