Search

Ghana targets exchange rate abuses in shipping sector

Shipping containers at port © Unsplash
© Unsplash
  • Shipping firms must now publish and disclose daily exchange rates before billing
  • Importers welcome transparency move but warn enforcement gaps remain

 

ACCRA, GHANA – Importers in Ghana are cautiously welcoming a new directive from the Bank of Ghana that requires all shipping companies and port service providers to publish and communicate the exchange rates they use for billing

Recent Business

Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
Senegal raises $64mn on WAEMU as investors favour longer maturities
Read More »
Fish market in Cairo, Egypt. Photo by Mohamed Abdel Latif @ Pixabay
Egypt inflation cools unexpectedly to 12.3% in November
Read More »
The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
Rwanda rolls out multicurrency trading to attract global investors
Read More »

Recent Politics

African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »

Latest Posts

Latest news insights