Over $75 million paid as demurrage at Ghana's ports – Studies

Studies have revealed that last year alone over $75 million was paid as demurrage at Ghana's ports with an estimated 48 million as Port Payment for Rent.

This has been described as worrying as it is one of the biggest disincentives to the growth of the Import and Export sector in the country.

Speaking at a seminar to sensitise importers and exporters to the development in Accra, Deputy Chief Executive of the Ghana Shippers Authority, Sylvia Dauda Owu, said the reduction of demurrage and rent payments is a priority, hence continuous engagement with stakeholders will be intensified.