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The Ghana Shippers’ Authority Act 2024, an innovative piece of legislation intended to improve the governance of Ghana’s commercial shipping industry and fortify the Ghana Shippers’ Authority (GSA), was signed by President Nana Addo Dankwa Akufo-Addo.
An important milestone in the GSA’s 50th anniversary year was reached on Friday, October 18, when this legislation, which was approved by Parliament on July 29, 2024, was legally signed into law.
The Ghana Shippers’ Authority Act 2024 greatly expands the GSA’s regulatory authority, giving it the ability to regulate land, air, and sea transportation.
Ghana’s shipping and logistics industry will be in a position to meet international standards thanks to the Act’s provisions, which are anticipated to promote a fair, effective, and competitive shipping environment.
The GSA hopes to increase price transparency and service delivery equity with this bolstered regulatory role, making Ghana a more desirable location for international trade.
Originally founded as the Ghana Shippers’ Council in 1974, the GSA changed its name in 1998 to more accurately represent its expanded regulatory duties.
In order to provide the framework for a competitive and sustainable commercial shipping industry in Ghana, the GSA has supported policies that encourage a balanced trade environment over the years.
The GSA’s dedication to creating a robust trade ecosystem that benefits all parties involved—including shipping, logistics, and other trade-related industries—is reaffirmed by this new Act.
To educate stakeholders on their rights and obligations under the new regulatory framework, the GSA has started a statewide sensitization campaign in response to the new Act.
Additionally, the Authority is actively soliciting input from interested parties in order to prepare a Legislative Instrument (L.I.) that will facilitate the implementation of the Act.
In order to operationalize the Act for the benefit of the industry and the country, the GSA has urged all parties concerned to take part in the creation of this crucial tool.
This news was released by GSA management in a statement on October 31, 2024.
Source: Ghanatodayonline.com
