New cargo-tracking fee threatens GHS 120 million annual cost increase

    A proposed cargo-tracking system could introduce mandatory charges for imports and exports, adding significant costs to an already burdened supply chain, despite existing systems performing similar functions.

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    New cargo-tracking fee threatens GHS 120 million annual cost increase

    A renewed attempt to introduce a mandatory cargo-tracking regime in Ghana threatens to impose tens of millions of US dollars in new annual costs on the trade and logistics sector. This fee, potentially exceeding GHS 120 million annually based on current exchange rates, concerns various stakeholders within the import and export chain. The policy concept, previously rejected at the Ministry of Trade, Agribusiness and Industry, is now being pursued through the Ministry of Transport.

    This renewed push centres on an Advance Cargo Information (ACI), Electronic Cargo Tracking Note (ECTN), or Smart Port Note (SPN) system. Industry sources state this system will introduce additional mandatory charges affecting importers, exporters, freight forwarders, shipping lines, and ultimately consumers. This development emerges despite Ghana already operating the Integrated Customs Management System (ICUMS), which technical experts argue performs similar functions without extra cost.

    The re-emergence of this cargo-tracking fee fits into a broader pattern of potential new levies and administrative burdens on Ghana's trade sector. The push comes at a time when the economy is navigating currency pressures, high port charges, and other financing costs. Data from the Bank of Ghana indicates persistent exchange rate volatility, which already significantly impacts import bills and consumer prices. Any new mandatory charge will directly exacerbate these existing economic strains.

    Inter-Ocean Maritime and Logistics Institute Limited is reportedly seeking official backing for this cargo-tracking service. Documents show the company collaborates with Antaser International to provide ECTN or SPN technologies. A technical note reviewed by B&FT stated that ICUMS already receives electronic manifests for sea, air, and road cargo, processes permits digitally, and hosts all relevant agencies. The note questions the need for a third-party system when ICUMS already has the capability.

    The introduction of this new charge would add a direct cost layer onto an export and import chain already burdened by various fees, taxes, and levies. A policy brief titled ‘An Unjustified Cost Burden on Consumers and Businesses’ estimates a Smart Port Note scheme could cost Ghanaian shippers tens of millions of US dollars annually. This fee would not be absorbed by foreign exporters but would be passed down to Ghanaian importers and ultimately consumers through higher prices for goods. The re-introduction of this policy highlights a continued debate over the efficiency and cost-effectiveness of Ghana's port operations and trade facilitation systems. This situation bears close monitoring as it could impact inflation and economic competitiveness.

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