Ghana ports expect increased cargo volumes in 2020

Ghana’s ports will anchor increases in cargo volumes in 2020 following the positioning of Tema and Takoradi Ports as transshipment and oil and gas hubs respectively.

Mr Luguje indicated that “We have positioned our ports for global trade, and while we do that we also are looking forward to more intra-African trade going maritime,” he disclosed. He revealed that the Port of Tema, for instance, had been positioned as the best in terms of infrastructure in the West and Central African sub-region.

The GPHA Director General urged the Customs Division of the Ghana Revenue Authority (GRA) to reconsider its decision to charge 17.5% VAT on transit cargoes saying it was a challenge the transit countries had lamented about.

“Normally, transit cargo services should not have attracted VAT but unfortunately the GRA insists that VAT should be charged on tariffs for transit goods. The VAT is 17.5% which is quite significant. This is the major complaint of the importers and exporters of landlocked countries,” he said.