Prof Gyampo-led GSA records massive 271% surge in net surplus – SIGA report

The Ghana Shippers’ Authority (GSA) has reported a staggering 271.52% increase in net surplus for the 2025 financial year, soaring to GH¢258.30 million compared to GH¢69.52 million in 2024, as documented in the State Ownership Report by the State Interests and Governance Authority (SIGA). This impressive performance places GSA among the top-performing state entities, with total income nearly doubling year-on-year, closing at GH¢380.15 million.

The report highlights a significant improvement in efficiency, with GSA's surplus margin surging from 36.25% in 2024 to 67.95% in 2025, underscoring tighter operational control. Industry observers note that these results indicate stronger revenue management within the Authority. GSA's balance sheet also strengthened, with total assets reaching GH¢979.92 million and the accumulated fund at GH¢810.46 million.

As a government body tasked with safeguarding the interests of shippers in Ghana's trade and transport logistics, the Authority's growth signifies a critical role as the country's port and haulage industries expand.