Professor Ransford Gyampo has disclosed that his outfit directly petitioned the Bank of Ghana (BoG) after freight forwarders raised an alarm over the use of inflated exchange rates by some shipping lines—rates that he said undermine the government’s efforts to stabilise the cedi.
The Chief Executive Officer of the Ghana Shippers’ Authority expressed frustration over what he described as blatant disregard for national economic policy by certain foreign entities operating in the shipping sector.