Romeo Frimpong, Chairman of the Monitoring Committee of the Ghana Institute of Freight Forwarders (GIFF) in the Tema District, has expressed concern over the rising cost of doing business at Ghana’s ports.
Speaking on Burning Issues on Adom FM with host Akua Boakyewaa Yiadom, Frimpong lamented the sharp increase in port charges, which he believes is making business at the port less attractive.
“Between 2021 and now, I cannot count the number of meetings we’ve held,” he said.
“Shipping line charges were GHC 5,000 in 2020, but now they’ve skyrocketed to GHC 13,000. I have two containers, and we’re paying GHC 29,000 just for verification to prove I am the rightful owner of the goods after already paying duty.”
Frimpong warned that if the situation continues unchecked, the high costs will make it difficult for businesses to thrive.
“The cost of doing business is becoming unbearable, and it is not making business appealing,” he added.