• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, May 11, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

GPHA Hopes For A Better Traffic Flow To Ghana In 2023

December 28, 2022
Stephen M.Cby Stephen M.C
in Vaultz Business
0
GPHA Hopes For A Better Traffic Flow To Ghana In 2023

GPHA Hopes For A Better Traffic Flow To Ghana In 2023

Mr. Michael Luguje, the Director General of the Ghana Ports and Harbours Authority (GPHA) has expressed his confidence in Ghana’s ports experiencing a better traffic flow in 2023.

This statement by the Director General followed the decline Ghana ports experienced in cargo between January and September 2022.

“GPHA is hoping and believing for a better traffic flow to Ghana’s ports in 2023.”

RelatedPosts

AngloGold Ashanti Boosts Obuasi SMEs with Nationwide Business Exposure Tour

GUTA Hails BoG for Eroding Dollar’s Role as Store of Value

MoMo Systems Are Safe and Secure: MoMo LTD Reassures Customers Amid Cybersecurity Rumours

The Director General made this statement while speaking with a section of journalists from Tema during a Press Soiree organized by GPHA to express its appreciation to the media for the year.

Director of Tema Port, Mrs. Sandra Opoku in her address indicated that the numbers of cargo in transit kept soaring while the others fell.

“While the numbers for transit cargo were still hitting the upper ceiling during the period, all the others experienced a dip.”

Mr.Luguje

Besides, Mrs. Opoku said GPHA is expectant that the recent appreciation will help volumes rise by 2023 as according to her, many importers were adopting the ‘wait and see’ attitude.

Ms Sandra
Mrs. Sandra Opoku, Director General of Tema Port

“GPHA expects 2023 to come along with good fortune now that the cedi is stabilizing as many of the importers were adopting the wait and see attitude, leading to the drop in the volumes.”

Mrs. Opoku

Mrs. Opoku further noted that the Ghana Ports and Harbors Authority (GPHA) discovered during their operations that Ghana had a low export rate, despite the efforts of the Ghana Export Promotion Authority (GEPA) to reverse this trend.

Challenges of the GPHA

Samuel Ntow Kumi, General Manager of Corporate Planning at the Ghana Ports and Harbors Authority (GPHA), explained that the Port Authority invested heavily in infrastructure and operations, which must be recovered through tariffs.

Mr. Kumi stated that the port is run without any government funding and has therefore, relied on commercial debts and partnerships with the private sector to develop the Tema and Takoradi Ports.

A thorough process, including stakeholder engagement with freight forwarders and regulatory agencies, is followed before tariffs are set, Mr. Kumi emphasized.

The General Manager also noted that GPHA is the only organization that has invested in the ports and that its tariffs make up less than 12% of all charges on cargoes.

9e2fe58609d841f49a5e41024a390fcc
Some stakeholders of the GPHA

In succession, Mr. Kumi appealed to stakeholders to understand the situation and be understanding of tariff increases.

In course of the soiree, journalists interrogated the GPHA on the Keta Port, Tema Shipyard, and MPS concession, among others and also commended the GPHA for their cordial relations with the media.

READ ALSO: Russia’s Putin Bans Export of Oil to Countries Adhering to Price Cap

Tags: 2023ghanaGhana Ports and Harbours AuthorityMr.Michael LugujeMr.Samuel Ntow KumiMrs.Sandra Opoku
Please login to join discussion
Previous Post

Russia’s Putin Bans Export of Oil to Countries Adhering to Price Cap

Next Post

Black Sherif Solidifies His Supremacy In Nigeria With Electrifying Performance

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Stable Power Supply
Extractives/Energy

Nigeria Demands Ghana Settle $75M Gas Debt Promptly 

May 11, 2025
media trial and justice
General News

Aboagye Warns Against Media Trial, Politics Undermining Justice

May 11, 2025
TGMA 25: King Promise Wins ‘Artiste of the Year’
Entertainment

TGMA 25: King Promise Wins ‘Artiste of the Year’

May 11, 2025
Starmer Courts Norway With Frigate Sales Pitch
UK

Starmer Courts Norway With Frigate Sales Pitch

May 11, 2025
Copper Emerges As World’s Next Strategic Prize
Extractives/Energy

Copper Emerges As World’s Next Strategic Prize

May 11, 2025
NRGI Urges Mining Policy Overhaul for Transition Minerals 
Extractives/Energy

Ghana Steps Up Mining Policy Reform with Stakeholder Consultations 

May 10, 2025
Stable Power Supply
Extractives/Energy

Nigeria Demands Ghana Settle $75M Gas Debt Promptly 

by Prince AgyapongMay 11, 2025
media trial and justice
General News

Aboagye Warns Against Media Trial, Politics Undermining Justice

by Lilian AhedorMay 11, 2025
TGMA 25: King Promise Wins ‘Artiste of the Year’
Entertainment

TGMA 25: King Promise Wins ‘Artiste of the Year’

by Esther Korantemaa OffeiMay 11, 2025
Starmer Courts Norway With Frigate Sales Pitch
UK

Starmer Courts Norway With Frigate Sales Pitch

by Lawrence AnkutseMay 11, 2025
Copper Emerges As World’s Next Strategic Prize
Extractives/Energy

Copper Emerges As World’s Next Strategic Prize

by Lawrence AnkutseMay 11, 2025
NRGI Urges Mining Policy Overhaul for Transition Minerals 
Extractives/Energy

Ghana Steps Up Mining Policy Reform with Stakeholder Consultations 

by Prince AgyapongMay 10, 2025
Stable Power Supply
media trial and justice
TGMA 25: King Promise Wins ‘Artiste of the Year’
Starmer Courts Norway With Frigate Sales Pitch
Copper Emerges As World’s Next Strategic Prize
NRGI Urges Mining Policy Overhaul for Transition Minerals 
[/vc_row_inner]

Recent News

  • Nigeria Demands Ghana Settle $75M Gas Debt Promptly 
  • Aboagye Warns Against Media Trial, Politics Undermining Justice
  • TGMA 25: King Promise Wins ‘Artiste of the Year’
  • Starmer Courts Norway With Frigate Sales Pitch
  • Copper Emerges As World’s Next Strategic Prize
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.