Mr. Paul Asare Ansah (GPHA): "Scrap nuisance tax in port on transit trade"

17-03-2017

Mr. Paul Asare Ansah (GPHA): "Scrap nuisance tax in port on transit trade"

The new Director General of Ghana Ports and Harbour Authority (GPHA), Mr. Paul Asare Ansah has called for the scrapping of ‘nuisance’ taxes and duties on transit cargoes that are moved through Tema and Takoradi. Traders from Burkina Faso, Mali and Niger currently pay 12% to 18% tax, plus the mandatory duties payable at the port. Additionally there is a road tax of US$ 200 per transit export transaction. This all negatively affects the amount of transit transactions.

Transit transactions create not only jobs for Ghana’s truckers but foremost generates approximately US$ 81 million for local haulage companies. After 2005 (the top year with 800000 megatons) transit trade decreased. Industry players have blamed rampant extortions and numerous checkpoints along transit routes as one of the main sources of that decline. In 2016 there was finally an increase in transit trade, the first since 2005. The requested measures of Mr. Asare Ansah should strengthen and consolidate that increase.

Source: Business & Fincancial Times 16-03-2017

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