After months of a sustained rally, the Ghana cedi is showing remarkable strength against major international currencies, now trading at approximately GH₵ 10.80 to the US dollar.
While this appreciation is welcomed by policymakers and businesses, its impact is yet to be felt in the markets. Importers cite existing stock purchased at higher exchange rates, and freight forwarders lament that shipping charges are still pegged to outdated dollar values.
So tonight on The Probe, we ask: Who is responsible for ensuring that the benefits of a stronger cedi reach Ghanaian consumers? Why are shipping lines still charging old rates, and why is the Ghana Shippers Authority silent?
Join the conversation as the guests unpack the real impact of the cedi’s gains.
Credit: myjoyonline.com
