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Ghana targets exchange rate abuses in shipping sector

Shipping containers at port © Unsplash
© Unsplash

Caleb Ahinakwah

Caleb Ahinakwah specializes in political reporting, governance, and public policy across Africa.
  • 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

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