
Obuasi SHTS headmaster steps down as NDC Juaben secretary, exits chairmanship race
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4th October 2023 3:41:59 PM
1 min readBy: Chris Kodo
There appears to be an upsurge in traffic at the country's ports, which appeared nearly deserted at the start of the year due to reduced trade volumes.
According to data from the Composite Index of Economic Activity, around 57,000 containers passed through ports as of July 2023.
"While this figure represents a substantial decline compared to July 2021, it marks a significant improvement over the approximately 40,000 containers recorded in January of this year," Citi News reported.
The report also stated that Customs House Agents credited the modest improvement to the stabilization of the local currency, the cedi, along with other positive macroeconomic developments.
Yaw Kyei, President of the Customs House Agents Association, identified high port tariffs and foreign exchange costs, among other challenges encountered by importers.
He emphasized the importance of ensuring efficient port services to facilitate growth, highlighting the pivotal role of ports in trade and commerce.
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