The Ghana Shippers Authority (GSA) is encouraging spare parts dealers to bring down their prices so that the public can genuinely feel the impact of the Cedi’s recent appreciation.

This message was delivered during a visit by leaders of the Abossey Okai Spare Parts Dealers Association to the GSA’s Chief Executive Officer, Prof Ransford Gyampo, at the Authority’s head office in Accra.

Prof Gyampo met with the delegation alongside Deputy CEO (Technical) Madam Asana Owu, Head of Freight and Logistics Mr. Fred Asiedu Dartey, and other senior officials. The dealers were represented by their Head of Communications, Mr. Takyi Addo, and their General Secretary, Madam Gifty Fianu.

The engagement focused on the persistent high cost of doing business at Ghana’s ports—an issue that affects both importers and service providers. Prof Gyampo noted that although the Cedi has strengthened and inflation has slowed, these gains are not reflected in the price of spare parts on the market. He cautioned that this disconnect undermines public confidence, especially when government is trying to ease business burdens.

He further revealed that the Ministry of Finance is forming a committee to review duty components at the ports, and the GSA will actively participate. According to him, the Authority intends to use its position to push for fairer fees and more reasonable charges across the shipping and trading space.

Prof Gyampo appealed to the dealers to match their pricing with the improving economic indicators, saying, “If the Cedi is recovering, our markets must show it. This is the time for businesses to demonstrate that they care about consumers, not just profit margins.”

Responding to his remarks, Mr. Takyi Addo said some dealers have already reduced prices by around 60 percent, though many buyers may not have noticed yet. He added that if the economic outlook continues to brighten, further reductions could be made in 2026. “We are committed to adjusting again when conditions allow. We want the public to know we are partners, not opponents,” he said.

Prof Gyampo welcomed the Association’s assurance, noting that a stronger currency should benefit everyone—from suppliers and drivers to everyday consumers. He stressed that Ghana’s credibility in international trade depends on transparent port charges and fair pricing in the domestic market.

Both groups agreed to maintain close engagement and work together on reforms that make doing business in Ghana more affordable and predictable.